
South African businessman Hendrik du Toit’s Ninety-One hits $187 billion in managed assets
Ninety One, led by Hendrik du Toit, hit $187.9 billion in AUM as of June 2025, reflecting global momentum, strategic acquisitions, and strong client inflows.
Ninety One, led by Hendrik du Toit, hit $187.9 billion in AUM as of June 2025, reflecting global momentum, strategic acquisitions, and strong client inflows.
The expansion supports Rainoil’s “Road to 400” push to scale its nationwide fuel retail network and boost petroleum access in urban and underserved markets.
Natie Kirsh-backed consortium ups Abacus Storage King bid to $1.42 billion, intensifying takeover battle.
Globacom teams up with Wave5 to deploy public Wi-Fi in Lagos, aiming to ease congestion and expand digital access.
Pick n Pay’s recent rally lifts Ackerman family’s stake above $185 million, reversing May losses.
That staggering imbalance is at the heart of a new Oxfam report that lays bare the depth of inequality spreading across the continent.
Accelerate Property Fund may write down R800m debt tied to Fourways Mall deal as it opens a $5.57 million rights offer amid stalled restructuring talks.
This infrastructure will enhance logistics for Dangote’s fertilizer and oil refinery operations, including planned exports of liquefied natural gas (LNG).
Coty CEO Sue Nabi’s stake rose to nearly $160 million after a nearly 9% stock increase, signaling growing investor confidence in the beauty giant’s direction.
Kenyan CEO Peter Ndegwa received $2.3 million from Safaricom, reflecting growth in share-based awards despite profit declines.
Accelerate Property Fund launches $5.57 million rights offer as it seeks to stabilize finances and renegotiate Fourways Mall deal.
Aiteo signs EPC deal to build 240,000 bpd Mozambique refinery, boosting energy security and cutting fuel imports in Southern Africa.
Egyptian billionaire Samih Sawiris’ Mamula Island hotel begins a Banyan Tree rebrand after a seven-year restoration of the historic fortress.
Geregu Power, led by Femi Otedola, posts steady $57.4 million revenue in H1 2025, showing strength in a tough energy market.
Being Burna is big business. Over the past half decade, Nigeria's most popular cultural export has racked up tens of millions of dollars in everything from international tours and private gigs to endorsements and his own cannabis brand.
Hisham Talaat Moustafa's stake in TMG rebounds above $1 billion after a 10% share rally, adding $95 million in 22 days.