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African billionaire
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ICSID dismisses majority of claims, awards minimal compensation
- Southern Africa
South Africa’s first Black billionaire leads country’s political donations with over $1.7 million
Mining tycoon’s companies fund multiple political parties.
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Major banks leverage KMRC funds for expanded mortgage services.
- West & Central Africa
Nigeria’s Supreme Court upholds conviction of former banker Francis Atuche for $16.9-million fraud
Final verdict brings closure to decade-long legal battle.
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Group revenue from cement, clinker, and other products surged 100 percent year-over-year, reaching N817.35 billion ($659.3 million).
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This decline is influenced by the recent devaluation of the Nigerian currency — the country’s second devaluation in eight months.
- Hot News
Billionaire Benedict Peters’ Aiteo partners with Atlantic Council to elevate Africa’s critical mineral influence
The groundbreaking collaboration sets the stage for a three-year program aimed at harnessing Africa’s substantial reserves of critical minerals.
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As one of the founders and former directors of the Lagos-based energy conglomerate, Avuru owns a significant 8.2-percent stake in Seplat Energy.
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Winfrey transformed her struggles into a global media empire.