Tag: Featured

Discovery co-founder Adrian Gore gains nearly $40 million from stock rally

Discovery co-founder Adrian Gore gains nearly $40 million as shares rally, pushing his net worth toward $700 million.

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European Investment Bank funds Namibia lithium expansion at Uis Mine with $2.4 million

EIB backs Andrada Mining with $2.4 million to advance Namibia’s Uis lithium expansion, boosting EU battery supply ambitions.

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20 of Africa’s richest hotel chain owners in 2026

Africa’s richest hotel chain owners are building multibillion-dollar hospitality empires across luxury, business and eco-tourism markets.

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Jumia posts $818.6 million merchandise sales in 2025

Jumia records $818.6 million in 2025 merchandise sales, boosting revenue and narrowing losses as Africa’s top e-commerce platform grows.

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20 Kenyan firms and the multi-millionaire women behind them

Kenya’s top women entrepreneurs are reshaping banking, manufacturing, healthcare and energy with scalable, impact-driven firms.

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Dangote Petroleum Refinery lowers petrol prices by 3% despite global oil squeeze

Dangote Petroleum Refinery cuts petrol prices by 3 percent to N774 per liter, undercutting imports amid global supply tensions.

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Nigerian oil tycoon Mohammed Indimi gains $35 million from Jaiz Bank shares in 40 days

Mohammed Indimi’s Jaiz Bank stake gained over $35 million in 40 days as shares surged nearly 80% on the Nigerian Exchange in 2026.

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Hyprop sells half of Woodlands Boulevard for $49.6 million, keeps stake for future growth

Hyprop sells half of Woodlands Boulevard for $49.6 million while keeping a 50% stake to support future growth.

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Abdul Samad Rabiu’s son, Khalifa, takes leadership role at BUA Foods

Khalifa Rabiu joins BUA Foods as Chief Officer, driving global procurement, supply chain efficiency, and growth for Nigeria’s $10.6 billion company.

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Harith strikes FlySafair deal two years after SAA talks collapsed

Harith General Partners acquires South Africa's FlySafair, returning to aviation after SAA talks collapsed.

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Nedbank–NCBA deal puts Kenyatta’s multimillion-dollar stake on the line

Nedbank’s $856 million NCBA buyout threatens Mama Ngina Kenyatta’s $151 million stake amid East Africa banking shakeup.

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Aliko Dangote gains $726 million in 24 hours; net worth nears $32 billion

Aliko Dangote’s net worth jumps $726 million in 24 hours, edging closer to $32 billion on rising Dangote Cement shares.

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