Nigerian Gas Tycoon Julius Rone Sets Sights on $5 Billion FLNG Project in 2026
Nigerian gas tycoon Julius Rone, CEO of UTM Offshore, has announced that construction of Nigeria's first Floating Liquefied Natural Gas ...
Tag: Featured
Ivorian Cotton King Koné Daouda Soukpafolo Acquires Majority Stake in Uniwax
Ivorian industrialist Koné Daouda Soukpafolo, widely known as the king of cotton, has acquired a majority stake in Uniwax, one ...
Arik Flight Diverts to Benin Airport After Engine Anomaly
An Arik Air Boeing 737-700 aircraft, operating flight W3-740 from Lagos to Port Harcourt, diverted to Benin Airport on Wednesday ...
South African Tycoon Tshepo Mahloele’s Harith Acquires FlySafair, Eyes Transport Network
Harith General Partners, led by Tshepo Mahloele, has signed an agreement to acquire FlySafair, South Africa's largest domestic carrier, marking ...
Mombasa Billionaire Mohammed Jaffer’s Court Case Delayed Again
A Mombasa High Court has postponed a Ksh90 million ($703,000) lawsuit against Grain Bulk Handlers Limited, a grain handling company ...
Lagos Launches Biodigester Plant to Convert Organic Waste into Energy and Fertiliser
Lagos State has taken a significant step towards sustainable waste management with the launch of a biodigester plant at Ikosi ...
African Startups Raise $174m in January 2026, Deal Count Hits Record Low
African startups raised a total of $174 million in January 2026, marking a fourth consecutive year of tighter funding as ...
Zimbabwean Billionaire Strive Masiyiwa’s Econet Plans Delisting and $1 Billion InfraCo Spinoff
Strive Masiyiwa's Econet Wireless Zimbabwe is planning to delist from the Zimbabwe Stock Exchange (ZSE) and spin off its infrastructure ...
Nigerian Billionaire Arthur Eze Loses Stake in Equatorial Guinea’s Block I
Nigerian billionaire Arthur Eze's Atlas Petroleum has lost its 27% stake in Equatorial Guinea's Block I, a strategic offshore license, ...
Nedbank Moves to Take Control of NCBA with KSh110 Billion Partial Acquisition Offer
South Africa’s Nedbank Group Limited has formally launched a multibillion-shilling bid to acquire a controlling stake in NCBA Group Plc, ...
