Nigerian billionaire Abdul Samad Rabiu gives $20.7 million to long-serving employees
Abdul Samad Rabiu shares $20.7 million in cash rewards with long-serving BUA Group employees, reinforcing loyalty across the conglomerate.
West & Central Africa
Nigerian-Lebanese billionaire Gilbert Chagoury promotes ORCA’s mega-showroom as Lagos bets big on premium retail
Backed by ambassador Gilbert Chagoury, ORCA’s four-floor showroom opens in Eko Atlantic, bringing scale, jobs and confidence to Lagos’ premium retail market.
Cameroon moves to approve Elon Musk’s Starlink satellite internet
The update was included in the 2025 budget review presented to the National Assembly’s Budget and Finance Committee.
Africa’s richest man Aliko Dangote’s refinery takes second Ghana crude
Dangote refinery receives another Ghana crude shipment as repairs cut intake and boost reliance on regional supply.
Africa’s richest man Aliko Dangote plans US dollar payouts for Nigerian shareholders
Aliko Dangote plans US dollar payouts for Nigerian shareholders from his $20 billion refinery listing.
Nigerian banker Ladi Balogun leads FCMB to $570 million gross earnings in 9 months
FCMB posts $570 million in nine-month earnings under Ladi Balogun, driven by strong interest income and rising profit.
Saliou Mboup's Carrefour Medical gets $21 million to scale Senegal’s healthcare manufacturing
Carrefour Medical secured $21 million from IFC to boost local production of medical supplies in Senegal, strengthening manufacturing capacity and healthcare access.
Tope Lawani’s Helios sets $116 million deal for Frigoglass’ Nigeria operations
Tope Lawani’s Helios agrees to buy Frigoglass Nigeria for $116 million, covering Beta Glass and Frigoglass Industries.
Africa’s richest man, Aliko Dangote, rebounds to $30 billion fortune
Aliko Dangote rebounds to $30 billion, led by gains in Dangote Cement and major energy expansion projects.W
Africa’s richest man Aliko Dangote pledges $700 million for Nigerian education
Africa’s richest man, Aliko Dangote, launches a $700 million fund to expand education and skills training across Nigeria.
Access Holdings, led by Aig-Imoukhuede, acquires Standard Chartered Bank Cameroon
Access Holdings, led by Aigboje Aig-Imoukhuede, has acquired Standard Chartered Bank Cameroon, expanding its regional banking network.
Cameroonian businessman Célestin Tawamba acquires Grands Moulins assets
Célestin Tawamba completes the purchase of Grands Moulins units in Cameroon and Congo, strengthening Cadyst Group’s regional footprint.
Congolese Rawji family’s CIMKO to invest $300 million in DR Congo cement
CIMKO, partly owned by the Congolese Rawji family, plans a $300 million expansion to boost DR Congo cement output to 3 million tons.
Senegalese entrepreneur Omar Cissé's Teranga Capital gets $1.8 million for SME expansion
Teranga Capital, co-founded by Omar Cissé, receives a $1.8 million Proparco guarantee to expand financing for growth-stage SMEs in Senegal.
Ghanaian tycoon Daniel McKorley urges graduates to innovate and create opportunities
Ghanaian tycoon Daniel McKorley urges graduates to innovate, solve problems and create opportunities beyond traditional jobs.
Ivorian businessman Koné Dossongui's Atlantic gets $150 million financing for gold mine
Koné Dossongui’s Atlantic Group gets $150 million to buy the Tongon gold mine in Côte d’Ivoire.