Indian billionaire Mukesh Ambani's Jio draws $25 billion in IPO anchor bids. BlackRock, Fidelity, GIC and Abu Dhabi's sovereign fund joined the anchor book for Mukesh Ambani's Jio ...

Aliko Dangote's net worth climbed to $55.4 billion after Dangote Cement rose to a record and overtook Airtel Africa as ...

GoTyme Bank, the former TymeBank backed by Patrice Motsepe's African Rainbow Capital, has passed 13 million customers and ...

BUA Cement, controlled by Nigerian billionaire Abdul Samad Rabiu, lifted nine-month profit 60% to ₦463.1 billion as revenue ...

American billionaire Ross Perot Jr. says the AI boom has left the US with just 15 to 20 vacant giant warehouses, down from a ...

Harith, the investment firm co-founded by Tshepo Mahloele, has won approval to buy FlySafair, South Africa's biggest airline, ...

Jaswant Rai's West Kenya Sugar plans a Sh4.2 billion factory in Nandi County, extending the Rai family's hold on Kenya's ...

Madagascar billionaire Hassanein Hiridjee’s AXIAN Energy has joined Guinea’s Khoumagueli solar project, with construction ...

Elon Musk says SpaceX can build a US mobile network in two or three years; Verizon’s CEO says four to six years and $500 ...

A Kenyan court has reopened the fight over late tycoon Stanley Githunguri’s $14 million estate, overturning an order that ...

Seplat Energy, the Nigerian oil producer 21% owned by Tony Elumelu's companies, earned $260.2 million in nine months and ...

American billionaire Sergey Brin’s Alphabet posted $127.6 billion in quarterly revenue as Google Cloud doubled, but its ...