Kenyan business magnate Peter Munga has finally triumphed in a 14-year legal battle over his shares in TransCentury Plc, one of East Africa’s most prominent investment firms. The ruling marks the end of a drawn-out dispute that tested the endurance of one of Kenya’s most respected entrepreneurs and reaffirms his position as a cornerstone of the nation’s corporate history. […]
LeBron James has renewed his global partnership with Hennessy, solidifying a collaboration that has become one of the most influential alliances between sport and luxury lifestyle in recent years. The deal extends his relationship with the French cognac house, known for its deep cultural ties to music, fashion, and sport, and further strengthens Hennessy’s presence across global markets through […]
In the story of modern Kenya, few figures embody the merger of political intuition and entrepreneurial audacity quite like Hassan Ali Joho, the billionaire businessman and former governor of Mombasa. Behind his public image as a flamboyant political heavyweight lies one of East Africa’s most quietly transformative business portfolios, a logistics and port empire that has reshaped regional trade […]
When Tems first joined the ownership group of San Diego FC, many saw it as another celebrity investment move. Few, however, anticipated how her involvement would coincide with one of the club’s most defining seasons. Today, San Diego FC sits proudly at the top of the MLS Western Conference, marking a historic moment not only for the club but […]
Aliko Dangote’s net worth has moved back to roughly $29 billion, a recovery that reminds markets how closely his personal fortune tracks the fortunes of his companies. Bloomberg’s daily index shows the rebound after a mid-August wobble, returning Dangote to the top of Africa’s wealth rankings. The immediate engine of the rebound is Dangote Cement. Better-than-expected results and a […]
In Malawi’s conservative banking sector, Thom Mpinganjira has done what few thought possible. He built a financial institution from scratch, took it public, scaled it into the country’s largest bank, and in the process, became Malawi’s first billionaire. Mpinganjira’s path was not paved by inheritance or political favour. He came up through the system as a stockbroker, working on […]
C&I Leasing Plc, the vehicle leasing firm linked to Nigerian businessman Samuel Maduka Onyishi, has won approval to raise $20 million in fresh capital. The decision marks a pivotal step for the company as it looks to strengthen its funding base and position itself to meet rising demand for leased assets across West Africa. The approval follows board deliberations […]
Tendai Madziwanyika’s RTG has announced a $1.6 million investment to upgrade several hotels in Harare, a move industry insiders say could sharpen the city’s hospitality offering and support short-term construction employment. The funds will target physical improvements and service enhancements across existing properties. RTG has framed the project as a focused upgrade rather than a major expansion. Work is […]
Adebayo Ogunlesi’s name has long been linked to some of the largest infrastructure deals of the last two decades. Now the Nigerian-born financier takes on a new, high-visibility role as a member of OpenAI’s board of directors, joining the governance team at a moment when the company is accelerating acquisitions and scaling its commercial operations. Ogunlesi arrives at OpenAI […]
Paratus, under the leadership of Schalk Erasmus, has launched Namibia’s first private mobile network. The rollout marks a new phase for the country’s digital infrastructure, offering dedicated wireless capacity designed for businesses, government agencies and industrial operators that require secure, reliable and low-latency connectivity. A private mobile network gives a single organisation its own licensed or managed wireless environment. […]
