Tag: Featured

Indimi sisters triumph in $43.5M dispute
BusinessHot News

Nigerian oil tycoon, Mohammed Indimi loses $43.5 million dividend dispute to daughters

Twin sisters Ameena and Zara Indimi win $43.5 million court battle over unpaid Oriental Energy dividends in landmark family feud.

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Rick Ross business empire
Hot NewsLuxury

10 business empires of Rick Ross

Rick Ross built a multi-million-dollar empire spanning music, fast food, spirits and real estate, turning hip-hop fame into lasting ownership.

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Nigerian billionaire businessman Tony Elumelu.
BusinessHot News

Nigerian billionaire Tony Elumelu’s Seplat stake surges to $700 million, up $210 million

Tony Elumelu’s Seplat stake climbs to $700 million, gaining $210 million in 55 days as shares surge on gas output growth.

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Carrefour Africa expansion
BusinessHot News

Carrefour charts African dominance, targets 22 countries by 2030

Carrefour accelerates African expansion, targeting 22 countries by 2030 through local partnerships and competitor market gaps.

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Cape Town International Airport expansion
Hot NewsTourism

Cape Town Airport’s $1.35 billion upgrade poised to boost tourism and regional economy

Cape Town airport launches $1.35 billion expansion under ACSA’s plan to boost capacity, tourism and global competitiveness.

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Transpaco Premier Plastics acquisition blocked
BusinessLuxury

Competition Commission blocks Transpaco’s $8 million Premier Plastics acquisition

South Africa’s Competition Commission blocks Transpaco’s R128 million ($7.98 million) Premier Plastics acquisition, stalling retail plastics expansion.

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ExclusiveHot News

Tony Elumelu honours Chief Ogbue’s legacy in Africa’s transformative banking era

Nigerian billionaire Tony Elumelu honors Chief Ogbue, reflecting on his leadership and legacy in shaping Africa’s transformative banking era.

Omokolade Ajayi Omokolade Ajayi
Zedekiah Buzeki $93 million debt
BusinessHot News

Kenyan tycoon Zedekiah Buzeki reveals $93 million debt as I&M Bank pressure mounts

Kenyan tycoon Zedekiah Buzeki reveals $93 million debt as lender pressure mounts on his trucking empire amid restructuring.

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Kenya Pipeline Company IPO
BusinessHot News

Uganda secures $821.8 million stake in Kenya Pipeline IPO stake

Uganda, through the Uganda National Oil Company (UNOC), has secured a $821.8 million stake in the Kenya Pipeline Company (KPC) IPO, marking one of East Africa’s largest cross-border energy investments. The acquisition grants Uganda the right to appoint two directors to KPC’s board, strengthening Kampala’s strategic influence over the region’s petroleum transit infrastructure. The Ksh106 billion ($821.8 million) deal represents…

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BusinessHot News

Clean energy push could unlock 32,000 jobs in Mauritius by 2030

World Bank report says clean energy and ocean investment could create 32,000 jobs in Mauritius by 2030.

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BusinessHot News

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 on family and oversee a smooth leadership transition.

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Baba Ahmadou Danpullo Marble Towers
Hot NewsLuxury

How Baba Ahmadou Danpullo’s Marble Towers drives hard-currency rental income

Cameroonian richest Baba Ahmadou Danpullo anchors his South African property empire with Johannesburg landmark Marble Towers.

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