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Angelo Swartz

Days after Spar exit call, South African retail leader Angelo Swartz cites family as priority

South African retail leader Angelo Swartz steps back from Spar to focus…

Omokolade Ajayi Omokolade Ajayi
Next reform phase targets jobs, smarter spending and stronger social impact
Africa development

Egypt, World Bank push funding, reforms to drive national growth

Egypt is seeking fresh funding and faster reforms as it works to…

Oluwatosin Alao Oluwatosin Alao
Billionaire Watch

Ethiopia’s richest man, Mohammed Al Amoudi, loses $270 million in 23 days

Ethiopia’s richest man Mohammed Al Amoudi loses $270 million in 23 days…

Omokolade Ajayi Omokolade Ajayi
East Africa

East Africa’s safari operator, SafariCo, plans $72 million lodge expansion in Tanzania

SafariCo plans $72 million lodge expansion in Tanzania, adding 184 rooms and…

Omokolade Ajayi Omokolade Ajayi
NCBA House
Africa Banking

Nedbank moves closer to acquiring Kenya’s NCBA  

Nedbank clears a key hurdle in its $870 million bid for a…

Timilehin Adejumobi Timilehin Adejumobi
Rasik Kantaria FMB Capital loss
Featured

Kenyan investor and banker Rasik Kantaria loses $137 million from FMB Capital stake

Kenyan banker Rasik Kantaria loses $137 million as FMB Capital shares slide…

Feyisayo Ajayi Feyisayo Ajayi
Sasol H1 2026 results
Featured

Sasol posts 52% drop in earnings, revenue hits $7.66 billion in H1 2026

Sasol posts $7.66 billion H1 revenue as earnings drop on softer oil,…

Feyisayo Ajayi Feyisayo Ajayi
Anadkat’s FMB Capital stake takes hit
Featured

Malawi’s richest man, Hitesh Anadkat, loses $290 million from FMB Capital stake

Hitesh Anadkat’s FMB Capital stake drops $290 million as shares slide, testing…

Feyisayo Ajayi Feyisayo Ajayi
Energy

Tullow Oil, partly owned by Beninese-Gabonese billionaire, secures $1.3B debt reprieve

Tullow Oil, partly owned by Beninese-Gabonese oil billionaire Samuel Dossou-Aworet, secures $1.3…

Omokolade Ajayi Omokolade Ajayi