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. […]
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 […]
Sushila Karki was sworn in as Nepal’s interim prime minister on 12 September 2025, becoming the country’s first woman to hold the office. Her appointment followed a week of mass youth protests that forced the resignation of Prime Minister K.P. Sharma Oli and dissolved parliament. The protests that swept Kathmandu were organised and amplified by a digitally native movement […]
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 […]
When Asake steps onto the stage of the Kings Theatre in Brooklyn on 8 November 2025, it will be more than a concert. It will be a historic moment in the global rise of Afrobeats. The Nigerian superstar will become the first African artist to headline Red Bull Symphonic in New York, a performance series that has built its […]
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, […]
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 […]
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, 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 […]
