News
Benedict Peters sends aircraft to map Madagascar's minerals
5+ hour, 51+ min ago (557+ words) Pan-African billionaire Benedict Peters is deploying 3 sensor-equipped aircraft to map Madagascar's mineral resources for free under a government deal signed in December 2025. Billionaire resource mogul Benedict Peters is deploying 3 aircraft fitted with advanced mineral-detection sensors over Madagascar's subsoil, formalising a…...
Ga Dangme Mothers Honor Mc Korley as Torchbearer of Hope
2+ hour, 50+ min ago (553+ words) Ghana's Ga Dangme Queen Mothers have honored Daniel Mc Korley, Executive Chairman of Mc Dan Group, with the Torchbearer of Hope title in a formal ceremony. Daniel Mc Korley has earned one of Ghana's most distinguished traditional honors. The Ga…...
Mike Adenuga at 73: The quiet titan behind Globacom
1+ day, 21+ hour ago (515+ words) Nigerian billionaire Mike Adenuga turns 73 on April 29, marking more than four decades of bold bets across telecom, oil and gas, and banking. Mike Adenuga Jr. turns 73 on April 29, and the milestone arrives with the kind of understated weight that has…...
SARS targets wealthy South Africans' trusts and donations
1+ week, 4+ day ago (647+ words) South Africa's tax authority has issued a fresh notice targeting how high-wealth individuals fund trusts and use donations structures, while new lifestyle audit powers and penalties of up to 200% are closing in. The South African Revenue Service is coming after…...
Meet Nathan Kirsh, Africa's new 2nd richest man
2+ week, 3+ day ago (925+ words) Nathan Kirsh has become Africa's second richest person at $17. 1 billion. Here is everything you need to know about the 94-year-old billionaire from Eswatini. Who is Nathan Kirsh? He matriculated from Potchefstroom Boys High School in 1949 and went on to earn…...
6 companies owned by Nigerian American VC Nnamdi Okike
2+ week, 4+ day ago (299+ words) Harvard-educated Nigerian-American Nnamdi Okike built a $550 million software investment empire through 645 Ventures, one of the largest Black-led VC firms in the United States. Nnamdi Okike does not fit the profile of the standard venture capitalist. He is Nigerian American, attended…...
9 Companies Owned by Ethiopian Billionaire Belayneh Kindie
2+ week, 5+ day ago (343+ words) Belayneh Kindie Mekonnen started with less than $1, 000 in capital, trading butter and honey in the Ethiopian highlands. That was roughly three decades ago. Today, his Belayneh Kindie Group (BKG) operates 22 companies, employs thousands of workers and generates billions of birr…...
How Sengal Selassie built a $6 billion private credit empire
2+ week, 6+ day ago (153+ words) Sengal Selassie left Goldman Sachs to found Brightwood Capital, a minority-owned private credit firm now managing more than $6 billion. The firm at the center 1. Brightwood Capital Advisors 2. American Medical Depot 3. 24-Hour Medical Staffing Services Technology and business services 5. The SI…...
Oando signs Angola Block KON-13 production sharing deal
3+ week, 13+ hour ago (467+ words) Oando PLC has signed a production sharing contract for Angola's Block KON-13, marking the Nigerian energy group's first move into the Angolan upstream oil market. Oando PLC has signed a production sharing contract for Block KON-13 in Angola's onshore Kwanza…...
Swift Transport adds 100 trucks in Zimbabwe fleet push
3+ week, 22+ hour ago (578+ words) Simon Rudland's Swift Transport is expanding its Zimbabwe fleet by 100 new trucks, the latest move in a billion-dollar empire spanning logistics, tobacco and mining. Sixty new trucks have arrived at the Beitbridge Border Post bound for Zimbabwe as part of…...