Johann Rupert’s Richemont completes sale of Baume & Mercier to Damiani Group

Richemont completes Baume & Mercier sale to Damiani Group, expanding its luxury watch portfolio and global retail footprint.

Feyisayo Ajayi Feyisayo Ajayi

Egyptian businessman Sadek El-Sewedy bags $19 million dividend

Egypt’s Sadek El-Sewedy earns about $19 million dividend as Elsewedy Electric pays $74.5 million on strong cables, engineering and digital growth.

Feyisayo Ajayi Feyisayo Ajayi

Vista Equity backs Together AI in $800 million funding as open-source AI gains ground

Vista Equity joins $800 million Together AI round, valuing startup at $8.3 billion as demand rises for lower-cost, open-source AI infrastructure.

Feyisayo Ajayi Feyisayo Ajayi

Nigeria lands $1.3 billion World Bank package to drive business growth

Nigeria World Bank package unlocks $1.3 billion to boost infrastructure, jobs, investment and business growth.

Timilehin Adejumobi Timilehin Adejumobi

Exxaro navigates ESG gap after South African executive Karin Ireton retires at 70

Exxaro faces governance questions as ESG-focused director Karin Ireton retires amid its shift from coal to lower-carbon energy strategy.

Feyisayo Ajayi Feyisayo Ajayi

Adenia Partners acquires majority stake in Minet Group from Capitalworks  

Adenia acquires Minet Group stake as Adenia Partners buys majority in Minet from Capitalworks, expanding Africa insurance growth.

Timilehin Adejumobi Timilehin Adejumobi

Uganda secures $126 million StanChart deal to boost road infrastructure

Uganda road infrastructure receives a $126 million StanChart boost to unlock mining growth and regional trade.

Timilehin Adejumobi Timilehin Adejumobi

10 largest farms in Northern Cape, South Africa 

Northern Cape’s largest farms reveal a shift from livestock to conservation, irrigation, and solar energy across vast, water-scarce landscapes.

Feyisayo Ajayi Feyisayo Ajayi

South32 exits aluminium assets with $5.6 billion sale to Alcoa

South32 aluminium assets sale to Alcoa reshapes mining portfolios and boosts exposure to copper and zinc growth.

Timilehin Adejumobi Timilehin Adejumobi

Kenyan tycoon John Kimani’s Kakuzi appeals 3,200-acre land dispute

Kakuzi appeals order to surrender 3,200 acres, challenging NLC authority and raising investor concerns over Kenya land rights dispute.

Feyisayo Ajayi Feyisayo Ajayi

Zila Tech brings Google Education, Chromebooks to African classrooms

Zila Tech is expanding Google Workspace for Education and Chromebooks in Kenya, helping schools cut IT costs and bring AI-powered learning to classrooms.

Oluwatosin Alao Oluwatosin Alao

Cameroon’s richest man Baba Ahmadou Danpullo takes on aviation with $871 million investment

Baba Ahmadou Danpullo plans a massive $871 million aviation venture to challenge state-owned airlines and build new airports in Cameroon.

Omokolade Ajayi Omokolade Ajayi