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Indian billionaire Ravi Jaipuria’s Varun Beverages buys South Africa’s Twizza for $125 million   

India-based Varun Beverages has completed its $125 million acquisition of South African soft drink maker Twizza.

Timilehin Adejumobi Timilehin Adejumobi

South African billionaire Natie Kirsh enters top 200 richest after $29 billion sale

South African billionaire Natie Kirsh joins top 200 richest after $29 billion Jetro sale to Sysco, boosting his net worth to $15 billion.

Omokolade Ajayi Omokolade Ajayi

Kenya clears $1.8 billion Safaricom share sale to Vodacom

Kenya’s parliament approves divestiture in Safaricom, expanding Vodacom control in a landmark telecom transaction.

Timilehin Adejumobi Timilehin Adejumobi

Kenyan businessman Suresh Bhagwanji Shah set for Ksh394 million payout from I&M Group profits

Kenyan businessman Suresh Shah to receive Ksh394 million dividend as I&M Group posts Ksh18.78 billion ($145 million) profit for 2025.

Omokolade Ajayi Omokolade Ajayi

Olam Agri unveils Ghana’s first local pasta brand with $40 million factory

Olam Agri launches Ghana’s first fully local pasta brand, boosting domestic production, cutting imports, and strengthening food security.

Feyisayo Ajayi Feyisayo Ajayi

Ghana says it will favor local buyers as Ibrahim Mahama bids for Damang gold mine

Ghana opens Damang gold mine to local firms; Ibrahim Mahama among bidders with $500 million investment plan.

Omokolade Ajayi Omokolade Ajayi

Meet Seinde Oladapo Fadeni: Nigerian businessman with $68 million NAHCO stake

Seinde Fadeni holds a $68 million NAHCO stake, combining board leadership and ownership to shape strategy in Nigeria’s aviation services sector.

Feyisayo Ajayi Feyisayo Ajayi

Nigeria’s GTCO posts $625 million profit in 2025; customer deposits reach $9 billion

GTCO posts $625 million profit in 2025 as deposits climb to $9 billion, with gross earnings and loans also on the rise.

Omokolade Ajayi Omokolade Ajayi

BP to invest $1.5 billion in Egypt gas projects amid Africa energy push

BP plans $1.5B Egypt gas investment, strengthening regional hub status.

Timilehin Adejumobi Timilehin Adejumobi