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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

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

Paratus expands into Rwanda, offering Starlink broadband services to strengthen business connectivity and drive Africa’s digital growth

KEY POINTS Okomu Oil’s profits double because of high demand for palm oil. Sales of palm and rubber go up, which makes revenue go up by 67 percent. Costs of …

Rainbow Chicken revenue 2025 hit $895.6M as chicken sales and efficiency gains fueled strong profit growth.

Oprah Winfrey net worth rises $100 million to $3.1 billion, reinforcing her status as the world’s richest Black woman.

Africa now has 25 billionaires and 122,500 millionaires, reflecting rapid shifts in wealth creation and economic influence across the continent.

Ahmed El-Sewedy loses $65 million as Elsewedy Electric shares fall 7.21 percent, reflecting investor caution in Egypt’s stock market.

South African billionaire heirs build legacies in art, sport, and renewables, turning inherited wealth into impact across business and society.

South Africa rejects U.S. human rights report as biased and flawed, accusing Washington of double standards while relations between the two nations remain tense