Wale Tinubu's Oando PLC signs production sharing contract for Angola's Block KON-13
Oando PLC has signed a production sharing contract for Angola's Block KON-13, marking the Nigerian energy group's first move into the Angolan upstream oil market.
West & Central Africa
Afreximbank underwrites $2.5 billion of a $4 billion loan for Aliko Dangote's refinery
Afreximbank has underwritten $2.5 billion of a $4 billion loan for Dangote's refinery, marking the pan-African lender's biggest single industrial commitment.
BOAD backs Coris Bank with $52.5 million to support credit expansion
The West African Development Bank approved two refinancing lines totaling $52.5 million for Coris Bank International subsidiaries in Burkina Faso and Senegal.
Burkina Faso banker Simon Tiemtoré's Vista Group enters Central Africa with acquisition of Chad's Banque agricole et commerciale
Simon Tiemtoré's Vista Group has won regulatory approval to acquire Chad's BAC bank, marking the group's first entry into Central Africa.
Meet Nigerian businessman David Olurin, the quiet architect of Africa's commodity future
Nigerian businessman David Olurin is quietly building Cardinal Torch into a force in African commodities, linking local agricultural value chains to global capital and trade.
BUA Foods proposes a record N504 billion dividend that will hand billionaire Abdul Samad Rabiu about $323 million in a single payout
BUA Foods has proposed a record N504 billion dividend after profit nearly doubled in 2025, with founder Abdul Samad Rabiu set to pocket about $323 million.
Innocent Chukwuma's Innoson denies plans to relocate operations from Nigeria to Ghana
Innocent Chukwuma's Innoson Vehicle Manufacturing has denied circulating reports that it plans to relocate operations and investments from Nigeria to Ghana.
Abdul Samad Rabiu pushes BUA Cement toward 20Mtpa with new Edo and Sokoto plants
Abdul Samad Rabiu is expanding BUA Cement into Edo and Sokoto as the company's profit surged 381% and capacity targets hit 20 million tonnes.
Late Access Bank CEO Herbert Wigwe owned 106 properties in London, a new investigation into offshore real estate ownership reveals
Late Access Bank CEO Herbert Wigwe has been linked to 106 London properties in a sweeping new investigation into offshore ownership in the British capital.
Nigerian oil tycoon Seinye Lulu-Briggs's foundation treats 5,112 people in Ogu, performs 149 surgeries in five days
The O.B. Lulu-Briggs Foundation treated 5,112 people and performed 149 surgeries over five days in Ogu, Rivers State, Nigeria.
Aliko Dangote's net worth hits $32.5 billion as he climbs to 64th richest person globally
Aliko Dangote has added $2.57 billion to his fortune since January, climbing 13 places to rank 64th among the world's wealthiest people.
Dan Gertler's royalty claims are holding up a $9 billion Western bid for Glencore's copper and cobalt mines in Congo
Royalty claims tied to sanctioned billionaire Dan Gertler are stalling a $9 billion Western bid for Glencore's Congo copper and cobalt mines.
Billionaire Robert Friedland's Ivanhoe ships first copper through Lobito Corridor
Ivanhoe Mines has shipped its first low-carbon copper anodes from Congo's Kamoa Kakula through Angola's Lobito Corridor to a German refinery.
Tony Elumelu urges Africa's wealthy to share prosperity
Tony Elumelu called on wealthy Africans to share their resources and empower the poor as his foundation unveiled its 2026 grant beneficiaries.
Nigerian entrepreneur Tosin Eniolorunda's Moniepoint acquires Orda to expand into Africa's food service market
Tosin Eniolorunda's Moniepoint has acquired Orda Africa to expand into food services, integrating restaurant software with payments and credit tools.
Lagos sues Air Peace founder over ₦94 million tax dispute
Lagos State has sued Air Peace founder Allen Onyema over a ₦94 million tax claim in a high-profile enforcement action.