Johann Rupert’s Richemont sells Baume & Mercier to Damiani
South African billionaire Johann Rupert is reshaping his luxury portfolio with the sale of Baume & Mercier, the nearly 200-year-old ...
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Patrice Motsepe’s African Rainbow Minerals Joins Consortium to Build Manganese Export Terminal
South African billionaire Patrice Motsepe is expanding his mining empire through a major infrastructure investment. His company, African Rainbow Minerals, ...
New Listings from Fidson Healthcare and NREIT Help drive NGX Turnover to $127.9 Million
New listings by Fidson Healthcare Plc and a real estate investment trust managed by Chapel Hill Denham Management Limited helped ...
Dangote, Rabiu, Adenuga and Otedola Lead Nigeria’s Billionaire Class on 2026 Africa Rich List
Four Nigerian business leaders; Aliko Dangote, Abdulsamad Rabiu, Mike Adenuga and Femi Otedola, have been listed among the wealthiest individuals ...
Egyptian Billionaire Naguib Sawiris Condemns Iran’s Attacks on UAE as War on Freedom
Naguib Sawiris, the 71-year-old chairman of Orascom Investment Holding and one of Africa's wealthiest individuals, has spoken out against Iran's ...
Kenyan Cement Mogul Benson Ndeta Faces Arrest Over $35 Million Absa Bank Fraud
A Nairobi magistrate has issued arrest warrants for Kenyan industrialist Benson Sande Ndeta and his co-accused, Charles Hills Jr, over ...
Afriland First Bank’s Congo Subsidiary Faces Financial Crisis Amid Dispute with Government
Afriland First Bank's Congolese unit is facing a significant financial crisis, with $116.9 million in negative equity, amid a dispute ...
Reinet’s R65 Billion Windfall: What’s Next for Johann Rupert’s Investment Vehicle?
Johann Rupert's Reinet Investments is set to receive a massive R65 billion (£2.9 billion) payout from the sale of its ...
Chandaria Family Office Opens Kenya’s Secretive Industrial Empire to Outside Investors for First Time
One of Kenya's most quietly powerful business dynasties is preparing to open its doors to outside investors. Darshan Chandaria, chief ...
Africa’s Anti-Apartheid Icon Tokyo Sexwale’s 324-Year-Old Wine Estate Heads to Auction for $10.7M
One of South Africa's most historically significant wine estates is set to change hands this month when Bloemendal Wine Estate ...
