Clive Calder
BusinessBillionairesGlobal NewsHot News

South African-British billionaire Clive Calder gains $1 billion in 4 months

Clive Calder’s net worth surged past $10 billion after a $1.02 billion gain in four months, reinforcing his status among Africa’s richest.

Feyisayo Ajayi Feyisayo Ajayi
Yas, the pan-African telecommunications brand created by AXIAN Telecom.
Hot NewsBillionairesBusiness

Yas raises up to $308 million EBRD loan to expand infrastructure in Kenya, Senegal

AXIAN Telecom’s Yas secures a $308 million EBRD loan to expand 4G, 5G, and fiber infrastructure across Kenya and Senegal.

Omokolade Ajayi Omokolade Ajayi
L-R: Patrice Motsepe, Michiel Le Roux, and Koos Bekker
BillionairesBusinessHot News

Michiel Le Roux overtakes Motsepe, Bekker to become South Africa’s third-richest billionaire

Michiel Le Roux hits a $3.7 billion net worth, overtaking Patrice Motsepe and Koos Bekker to become South Africa's third-richest billionaire.

Omokolade Ajayi Omokolade Ajayi
Patrick Schegg CRDB Bank dividend
BusinessHot News

Tanzanian tycoon Patrick Schegg gains $23 million from CRDB Bank in 2026

Patrick Schegg gains $23 million as CRDB Bank shares rally, pushing his stake near $55 million amid strong growth on Tanzania’s stock exchange.

Feyisayo Ajayi Feyisayo Ajayi
Congo revives copper rail link with Portugal's Mota-Engil
BusinessHot News

Congo revives copper rail link with Portugal’s Mota-Engil

DR Congo partners with Mota-Engil to rebuild the Lobito Corridor railway, boosting copper and cobalt exports to global markets.

Oluwatosin Alao Oluwatosin Alao
Alami Lazraq ADI stake loss
BusinessHot News

Moroccan real estate mogul Alami Lazraq’s ADI stake drops below half a billion dollar

Alami Lazraq's ADI stake drops below $500 million as weaker ADI shares reduce the Moroccan property billionaire's fortune.

Timilehin Adejumobi Timilehin Adejumobi
Purple Group Limited CEO Charles Savage
BusinessTechnology

South Africa’s Purple Group acquires Australian firm in $10.6 million deal

Purple Group AI acquisition of Telescope AI strengthens fintech growth with artificial intelligence investment solutions worldwide.

Timilehin Adejumobi Timilehin Adejumobi
Raxio surpasses $380 million in committed capital as Africa data demand grows
TechnologyBusiness

Raxio surpasses $380 million in committed capital as Africa data demand grows

Raxio Group raises committed capital above $380 million as Africa’s data center market expands with growing AI, cloud and digital demand.

Oluwatosin Alao Oluwatosin Alao
Etihad widens Africa reach with Fastjet Zimbabwe partnership
Global NewsBusiness

Etihad widens Africa reach with Fastjet Zimbabwe partnership

Etihad Airways partners with Fastjet Zimbabwe to expand southern Africa connectivity ahead of its Harare launch, offering seamless single-ticket travel.

Oluwatosin Alao Oluwatosin Alao
Sim Tshabalala, CEO of Standard Bank Group.
Hot NewsBusiness

Sim Tshabalala’s career in 7 defining chapters as Standard Bank CEO ahead of 2027 retirement

Sim Tshabalala’s rise from lawyer to Standard Bank CEO highlights expansion, earnings growth, and milestones ahead of his 2027 retirement.

Feyisayo Ajayi Feyisayo Ajayi
Nasan-Energ
BusinessHot News

Nasan Energies expands in Namibia with $50 million fuel station deal

Nasan Energies fuel stations deal expands Namibia’s energy sector after acquiring 52 Engen and Shell stations in a $50 million deal.

Timilehin Adejumobi Timilehin Adejumobi
NNPC plans Africa energy expansion
BusinessHot News

NNPC plans Africa energy expansion as power demand rises

NNPC plans to expand its role across Africa's energy sector, pursuing new investment, gas development and partnerships as electricity demand continues to rise.

Oluwatosin Alao Oluwatosin Alao