Tag: Featured

Bloomberg, Forbes track billions on different scales, but Elon Musk’s trillionaire milestone is closing in

Bloomberg and Forbes differ on Elon Musk's current billions, but the upcoming SpaceX IPO puts him on track to become the world's first trillionaire.

Omokolade Ajayi Omokolade Ajayi

South African miner Daphne Mashile-Nkosi drives manganese expansion in Northern Cape

Daphne Mashile-Nkosi ramps up manganese output in South Africa’s Northern Cape amid rising global demand for critical minerals.

Feyisayo Ajayi Feyisayo Ajayi

Nigerian banker Adaora Umeoji’s Zenith Bank stake rises to $27 million

Adaora Umeoji’s stake in Zenith Bank reaches $27 million, driven by a 107 percent stock surge and record assets of $23.4 billion.

Omokolade Ajayi Omokolade Ajayi

South African billionaire Koos Bekker gains $100m from Tencent AI rally, EU antitrust delay

Koos Bekker’s net worth jumps to $3.5 billion as a Tencent AI agent prototype and a European Commission antitrust delay send Naspers and Prosus shares higher.

Omokolade Ajayi Omokolade Ajayi

Nigeria’s DBN pumps $735 million into local businesses, sets sight on 2 million jobs

DBN backs over one million small firms with $735 million, aiming to spark two million new jobs under a fresh five-year strategy.

Omokolade Ajayi Omokolade Ajayi

MTN director Jens Schulte-Bockum sells over $1 million in shares two years after exit

MTN director Jens Schulte-Bockum sells $1.15 million in shares nearly two years after exiting his executive role at Africa’s largest telecom operator.

Feyisayo Ajayi Feyisayo Ajayi

Egypt’s 10 richest businessmen in 2026

Egypt’s richest businessmen in 2026 dominate construction, telecoms, real estate, and industry as economic reforms reshape wealth across Egypt

Feyisayo Ajayi Feyisayo Ajayi

Egyptian billionaire Hisham Talaat Moustafa’s TMG stake rises above $1.65 billion

TMG rally lifts Hisham Talaat Moustafa’s stake above $1.65 billion as investor demand strengthens despite Egypt’s inflation pressures.

Feyisayo Ajayi Feyisayo Ajayi

Kurji family lists Nairobi’s Best Western Plus Meridian Hotel for $10 million

Kurji family lists Nairobi’s Best Western Plus Meridian Hotel for $10 million, signaling a shift in Kenya’s city-center hospitality market.

Feyisayo Ajayi Feyisayo Ajayi

Ghanaian industrialist Kwame Ofosu Bamfo builds a diversified empire in paints, construction and hospitality

Kwame Ofosu Bamfo quietly builds a diversified Ghana industrial empire spanning paints, construction, hospitality and real estate value chains

Feyisayo Ajayi Feyisayo Ajayi

Ecobank advances turnaround plan for Nigerian banking unit amid capital pressure

Ecobank Nigeria turnaround plan addresses capital shortfall, rising NPLs and CBN requirements at its Nigerian unit.

Timilehin Adejumobi Timilehin Adejumobi

Mr Price Group delivers $236.6 million profit on stronger margins in 2026

Mr Price posts $236.6 million profit as margins expand, offsetting weak demand and driving steady revenue growth in 2026 results.

Feyisayo Ajayi Feyisayo Ajayi