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, […]
Jane Birkin’s personal Hermès Birkin prototype worn daily from the mid‑1980s to 1994 has set a new record at Sotheby’s Paris auction, fetching €8.6 million (approximately $10.1 million) after an intense ten‑minute bidding face‑off among nine collectors . The buyer? A private Japanese collector. This prototype is unlike any other Birkin. Commissioned by Hermès after an informal sketch on an air‑sickness bag […]
Namibia has rewritten the rulebook on political leadership by installing women in its top three government positions—a first in the world. At its helm is President Netumbo Nandi‑Ndaitwah, flanked by Vice‑President Lucia Witbooi and Speaker Saara Kuugongelwa‑Amadhila, marking a landmark shift in African governance. Netumbo Nandi‑Ndaitwah, 72, brings a life lived in politics. Decades ago, she joined SWAPO’s liberation […]
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 […]
As Nigeria reflects on the life and passing of one of its most consequential modern leaders, tributes are pouring in for President Muhammadu Buhari, the nation’s 15th Head of State and immediate past president. A man who divided opinion in life continues to inspire reflection in death, this time, with reverence, gratitude and a clearer view of his legacy. […]
Olaolu Akeredolu-Ale, the Nigerian visual artist known globally as Slawn, has inked a new chapter in motorsport history. His vibrant imagery will soon grace the body of a Formula 1 race car, marking the first time an African artist’s work features on such a vehicle. The collaboration, unveiled ahead of this season’s Grand Prix events, places Slawn’s dynamic and expressive […]
