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This festive season, African billionaires are making significant charitable contributions, supporting causes in education, healthcare, and community development, and uplifting those in need across the continent.
Sasol's stock plummets by 56 percent in 2024 as the company faces mounting pressure over its environmental strategy and heavy reliance on coal.
Zimbabwean business tycoon Kuda Tagwirei invests in football infrastructure and talent development.
Khalil holds a 17.99 percent majority stake in Raya Holding, equivalent to 385,208,477 shares.
The financing will support the construction of the region's largest battery storage system alongside a photovoltaic array.
South African billionaire Patrice Motsepe faces a $195-million lawsuit in Tanzania over allegations of breaching a non-compete agreement, a case that could set a legal precedent for the country's mining sector.
NCBA Group and Sanlam Life Insurance have launched new digital life insurance plans to improve access to affordable funeral and education coverage in Kenya.
