When Layo Ogunbanwo speaks about technology, she doesn’t reach for buzzwords. There’s no talk of unicorns, no obsession with “disruption”. Instead, she talks about systems, the invisible ones that hold up our daily lives, or fail us when they don’t exist. And right now, the beauty and wellness sector in Africa, an industry run largely by women, is operating […]
In an industry often dominated by buzzwords, billion-dollar valuations, and high-profile founders, Dr Toyin Ajayi is building something far more powerful — and doing so without fanfare. As Co-founder and CEO of Cityblock Health, a $6 billion healthcare company tackling some of America’s deepest systemic health inequalities, she isn’t chasing headlines. She’s rewriting the rulebook on what inclusive, accessible […]
Africa’s richest man, Aliko Dangote, is reportedly advancing plans to develop a new deep-sea port on the outskirts of Lagos, further strengthening his grip on Nigeria’s industrial and logistics landscape. Sources close to the Dangote Group confirm that the proposed port is part of a larger vision to create a self-sustaining industrial ecosystem around the Lekki Free Trade Zone, […]
Nigerian telecommunications giant Globacom, owned by billionaire businessman Dr Mike Adenuga, is set to roll out a citywide public Wi-Fi service in Lagos as part of a bold move to expand digital access and close the connectivity gap across Africa’s most populous city. The new initiative, which comes under a strategic collaboration with state and municipal stakeholders, will see […]
Once known chiefly for their royal lineage and cultural stature, Nigeria’s Sijuwade royal family has re-emerged in the last decade as a powerhouse in business and infrastructure, growing its fortune to an estimated $240 million. What began as a legacy rooted in Yoruba tradition has evolved into a far-reaching financial portfolio led by a new generation determined to shape […]
Africa’s oldest billionaire, Natie Kirsh, has thrown his financial weight behind a $1.42 billion bid to acquire Australia’s Abacus Storage King. The 92-year-old Swazi-born tycoon is backing the deal through his investment arm, Kirsh Group, marking one of the most high-profile cross-continental acquisitions involving an African investor in recent years. Kirsh, whose wealth is estimated at over $6 billion, […]
Billionaire businessman Femi Otedola’s Geregu Power Plc has recorded $57 million in revenue for the first half of 2025, solidifying its growing influence in Nigeria’s electricity generation landscape. The company’s latest financial performance was disclosed in its unaudited financial statements filed with the Nigerian Exchange, reflecting continued stability and strategic positioning amid a volatile national energy environment. Geregu Power, […]
Mamula Island, a 19th-century fortress off the coast of Montenegro once known for its dark wartime history, has entered a bold new chapter—thanks to Egyptian billionaire Samih Sawiris. The real estate mogul, best known for his visionary developments across Europe and North Africa, has transformed the isolated Adriatic outpost into a world-class luxury destination, now operating under the prestigious […]
Oluwanishola Medupin’s journey from kitchen porter to global restaurateur reads like a screenplay. Born in Kwara State, Nigeria, he spent his childhood immersed in the family restaurant business. By age five, he was mastering jollof rice, pounded yam and eba, an early rite of passage. As a teenager, he showed entrepreneurial flair, building a car wash, running a phone […]
Africa’s largest refinery, operated by Nigerian billionaire Aliko Dangote, is taking a bold leap towards transforming the country’s energy and logistics sectors. In a strategic move to curb soaring fuel transport expenses, the Dangote Refinery has announced a $467 million investment to roll out 4,000 compressed natural gas (CNG)-powered trucks across Nigeria. The initiative is part of a broader […]
