The bicycle parts trader from Burkina Faso who built a $9 billion banking empire
Idrissa Nassa started out trading bicycle parts and consumer goods in Burkina Faso. He now controls a $9 billion pan-African banking empire.
West and Central Africa
Tetracore Energy secures Nasarawa's first power licences as gas-to-power push expands
Tetracore Energy Group has secured Nasarawa's first electricity generation and distribution licences, anchoring a 60MW gas-fired IPP that scales to 150MW
Bloomberg says Abdul Samad Rabiu is Africa's 2nd richest man at $19.1 billion while Forbes ranks him 4th at $15.3 billion. Here is why both are right
Bloomberg ranks Abdul Samad Rabiu as Africa's second richest man at $19.1 billion, ahead of Johann Rupert, while Forbes puts him fourth at $15.3 billion. The gap comes down to how each counts his Nigerian stock market wealth.
Nigerian businessman Denzel Akogwu's Elipse International signs 4,000-ton copper plant deal in Nigeria
Denzel Akogwu's Elipse International signs a 4,000-ton copper flotation plant deal, marking Nigeria's push to value-added mineral processing.
Nigerian energy tycoon Olakunle Williams' Tetracore Energy starts power generation at Atakobo IPP, delivering 20MW to Ogun State industries
Tetracore Energy Group has commenced power generation at its Atakobo IPP in Ogun State, delivering 20MW in Phase I of a 100MW gas-to-power project.
Ralph Mupita earns a record R99 million as MTN credits Nigeria for driving its strongest year in decades
MTN Group CEO Ralph Mupita earned a record R99.3 million in 2025, a 53% increase, as Nigeria's dramatic turnaround powered the group's strongest year in decades.
Jim Ovia's Zenith Bank opens in Côte d'Ivoire, breaking into Francophone West Africa for the first time
Jim Ovia's Zenith Bank has formally launched its Côte d'Ivoire subsidiary in Abidjan, marking its first entry into Francophone West Africa's banking market.
Ghanaian business tycoon Daniel McKorley honored by GaDangme Queen Mothers as McDan Group earns Torchbearer of Hope title
Ghana's GaDangme Queen Mothers have honored Daniel McKorley, Executive Chairman of McDan Group, with the Torchbearer of Hope title in a formal ceremony.
Àrgentil secures blended finance backing to launch $75 million SME fund in Nigeria and Ghana
Àrgentil Capital Management has been selected for a blended finance accelerator program, securing support to launch a $75 million SME-focused fund across Nigeria and Ghana.
Ghanaian tycoon Ibrahim Mahama pledges to build Astroturfs across Damang after taking over the mine
Ibrahim Mahama, CEO of Engineers and Planners, has pledged to build Astroturfs across Damang communities following his company's takeover of the Damang Mine.
Allen Onyema's Air Peace wins seven Nigerian Aviation awards, keeps West Africa sub-regional title
Allen Onyema's Air Peace took home seven honors at the 2026 Nigerian Aviation Awards, retaining its Best West Africa Sub-regional Airline title.
Nigeria's Sade Adu and Fela Kuti make history as the first Africans in the Rock and Roll Hall of Fame
Nigerian-born Sade and Afrobeat legend Fela Kuti have made history as the first African artists inducted into the Rock and Roll Hall of Fame.
Allen Onyema's Air Peace plans first international flights from Nigeria's new Gateway International Airport
Allen Onyema has announced Air Peace will launch direct London flights from Ogun State's Gateway International Airport this summer using its Boeing 777 fleet.
President Mahama faces growing pressure to protect Ghanaian tycoon Daniel McKorley after state seizes McDan terminal
Zongo youth, Ga priests and community groups petitioned President Mahama to protect McKorley's McDan empire after the state seized his Kotoka terminal.
Lafarge Africa chairman Gbenga Oyebode to lead vote on rebranding company as HBM Nigeria after $1 billion Chinese takeover
Lafarge Africa is asking shareholders to approve a name change to HBM Nigeria Plc, ending one of Nigeria's most recognizable cement brand names.
Meet Olakunle Williams, the visionary billionaire reshaping Africa's gas and energy sector
Olakunle Williams built a billion-dollar gas empire in five years. Here is how Tetracore Energy Group became one of Africa's most powerful energy companies.