Meet Ahonsi Unuigbe, Nigerian energy mogul with hidden $70 million oil stake in Canada
With over two decades of experience across industries, Unuigbe, CEO of Petralon Energy, is a leading energy mogul in Africa.
West & Central Africa
Abdul Samad Rabiu’s BUA Cement posts $62 million profit in Q1 2025
Pre-tax profit for the first quarter of 2025 surged to $62 million, marking a significant increase from the same period last year.
Gabriel Ogbechie’s Eterna stake declines by $6.3 million
In just two months, his holdings have lost N10.16 billion ($6.32 million) due to the recent decline in stock price.
Hassanein Hiridjee powers Senegal’s solar future
AXIAN Energy, controlled by Hassanein Hiridjee, is set to build a solar-plus-storage facility in Senegal’s underserved Kolda region, boosting clean power access.
Aisha Abdulaziz to become first woman to list Nigerian company
Aisha Abdulaziz called the NGX listing “a national moment,” citing Legend’s mission to build Africa’s most customer-focused, innovative internet company.
Jean Kacou Diagou takes majority stake in NSIA Participations
Ivorian banker Jean Kacou Diagou has raised his stake in NSIA Participations to 68.73%, strengthening his influence in Africa’s financial services sector.
Gabon taps Ivorian builder Hassan Dakhlallah for data center project
From Libreville to Johannesburg, African leaders are driving a continental push toward digital growth and connectivity.
Tidjane Thiam disqualified from Côte d'Ivoire’s presidential bid
A court in Abidjan ruled him ineligible to run, citing his removal from the electoral list after losing Ivorian nationality upon becoming a French citizen in 1987.
Nigerian billionaire Femi Otedola to receive $1.6 million dividend from FirstHoldco
Otedola, chairman of FirstHoldCo and Geregu Power, holds an 11.8% stake in the Lagos-based financial group.
Davido sets sights on Nollywood with upcoming film investments
The multi-platinum hitmaker is ready to invest hands-on in Nigeria’s creative economy, starting with film.
Tensions rise in Nigerian billionaire Indimi family over oil fortune
Indimi family feud deepens as Mohammed Indimi’s eldest son challenges sisters’ $435 million dividend claim over Oriental Energy shares.
Tidjane Thiam, ex-Credit Suisse CEO, eyes presidency in Côte d'Ivoire
Ex-Credit Suisse CEO Tidjane Thiam secures opposition bid, reshaping Côte d'Ivoire’s October presidential race in a political homecoming.
Paul Fokam’s Afriland facilitates $1.2 billion agricultural deal in Bangui
The deal, signed in Bangui, aims to develop 30,000 hectares for large-scale cassava and sugarcane farming and processing.
Femi Otedola leads FirstHoldCo to $660 million earnings in 2024
The results reflect the growing impact of Otedola’s leadership on the 130-year-old institution.
Aliko Dangote scales up $10 million food relief effort in Nigeria
The program is aimed at helping low-income families cope with the harsh economic climate and rising cost of living.
Herbert Wigwe, Aig-Imoukhuede co-own $64 million stake, report shows
Amid a high-stakes estate dispute, new disclosures reveal Herbert Wigwe and Aigboje Aig-Imoukhuede share a $64.5 million stake in Access Holdings.