Motus Holdings’ stock surge added over $10 million to Niall Lynch’s stake, highlighting renewed investor confidence in the automotive group’s performance
Ikeoluwa Ogungbangbe
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Standard Bank’s new Cairo office aims to widen Africa’s access to global capital and reinforce trade links across Egypt, the Gulf, and Sub-Saharan markets
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Naguib Sawiris’ net worth dips below $10 billion after gold prices fall, cutting more than $170 million from his fortune
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Eight Nigerian mining entrepreneurs are redefining the country’s mineral wealth with legitimate, transparent ventures in gold, steel, gemstones and lithium
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Standard Bank deepens its Angola expansion with JPMorgan approval, boosting cross-border finance and solidifying its regional and global ambitions
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Coris Holding secures $115.7 million from Mediterrania Capital Partners and European DFIs to expand banking and drive financial inclusion in West Africa
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Richemont rally boosts Johann Rupert’s wealth by $4.6 billion this year, pushing his fortune to $18.3 billion, the highest gain among African billionaires
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A Lagos court has authorised banks to seize assets of Nestoil and affiliates over a $1 billion debt linked to tycoon Ernest Azudialu
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NIPCO Savannah Energy acquisition strengthens the Kansagra family’s foothold in Nigeria’s gas sector through a £28.7 million investment for a 19 percent stake
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Harmony Gold finalises its $1.01 billion acquisition of MAC Copper Limited, marking a decisive expansion into Australia’s copper mining industry