Arian Simone used the intensity of United Nations General Assembly week to do something that will matter to investors and policy makers for years. She launched the Fearless Global Initiative, a new platform she says will translate the work of her venture firm into a policy and organising agenda for global economic inclusion. The debut took place in New […]
Nigerian Billionaire Sayyu Dantata Emerges as Biggest Winner from Dangote Refinery’s Fuel Boom
The ripple effects of Aliko Dangote’s massive refinery project are beginning to reshape Nigeria’s energy and business landscape, and at the heart of this shift is Sayyu Dantata, the billionaire founder of MRS Holdings. Positioned as one of the most strategic beneficiaries of the refinery’s fuel boom, Dantata has quietly but decisively strengthened his role in Nigeria’s downstream sector. […]
Arthur Eze Secures Four Oil Blocks in Liberia, Expands Billionaire Footprint in Africa’s Energy Sector
Nigerian oil magnate and philanthropist, Prince Arthur Eze, has once again demonstrated his influence on the continent’s energy landscape by securing four strategic oil blocks in Liberia. The deal positions him as one of the most significant private African investors in West Africa’s petroleum industry, while also reinforcing Nigeria’s long-standing leadership role in regional energy development. Arthur Eze, founder […]
Chimamanda Ngozi Adichie Wins Inaugural Felix Jud Prize for Defiant Thinking
Chimamanda Ngozi Adichie accepted the first Felix Jud Prize for Defiant Thinking at the opening of the 15th Harbourfront Literature Festival in Hamburg. The new prize honours writers and public intellectuals who defend free thought and public debate. The award was presented on 20 September 2025 in the Grand Hall of the Elbphilharmonie. Festival organisers described the prize as […]
Ipeleng Mkhari Takes the Helm at Attacq: A Boardroom Shift with Local Ambition
Ipeleng Mkhari has been appointed chairperson of Attacq Limited, the Johannesburg-listed property group best known for its Waterfall City holdings and large-scale mixed-use developments. The board change, announced in a formal regulatory notice this week, marks a notable leadership transition for one of South Africa’s most prominent real estate companies. Mkhari arrives with a track record in corporate governance, […]
Nigerian Businessman Samuel Maduka’s C&I Leasing Secures Approval for $20 Million Capital Raise, Signalling Fresh Growth Push
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 […]
Mary Vilakazi Steers FirstRand to $2.6 Billion Profit, Defying UK Headwinds
FirstRand has posted a $2.6 billion profit for the year ended 30 June 2025, marking a 10 per cent rise on the previous year. The banking group’s performance was fuelled by stronger revenue streams across retail, commercial, and investment banking, alongside improved treasury earnings. The bank reported headline earnings of about R45.1 billion, supported by solid growth in deposits, […]
Sam Darwish’s IHS Stake Tops $90 Million as Tower Firm Strengthens Market Position
Sam Darwish, the U.S.-Nigerian executive who built IHS from a regional tower operator into a publicly traded infrastructure business, has seen the market value of his stake in IHS climb above $90 million. The milestone reflects renewed investor appetite for telecom infrastructure assets and highlights Darwish’s continuing role in shaping the continent’s digital backbone. Darwish founded the company in […]
David Steward’s Lion Forge Secures $30 Million Backing to Build a Global Black-Owned Studio
HarbourView Equity Partners and the Steward family have led a $30 million minority investment into Lion Forge Entertainment, the Newark-based studio founded by David Steward II. The investment is designed to deepen Lion Forge’s ownership of original intellectual property and to accelerate the company’s pipeline of family, youth and adult franchises. HarbourView described the move as a strategic bet […]
Tendai Madziwanyika’s RTG Commits $1.6 Million to Upgrade Harare Hotels
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 […]