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Billionaires.Africa is the world's premier source of news and information on African billionaires and UHNWIs.
- 207articles · 30d
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- Aug 14, 2026earliest in window
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- Economy, Business & Finance 176
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News
Bamanga Tukur dies at 90 after 50 years in Nigerian shipping
16+ hour, 24+ min ago (769+ words) Bamanga Tukur ran the Nigerian Ports Authority from 1975 to 1982 and registered a shipping agency while in office. He died on Saturday at 90. Bamanga Tukur died on Saturday at the age of 90, three days short of his 91st birthday. His son Awwal…...
Billionaire Alex Beard denies bribery charges tied to Nigeria
2+ day, 16+ hour ago (670+ words) Billionaire Alex Beard, the former head of oil at Glencore, has pleaded not guilty to UK bribery charges linked to alleged corrupt payments involving officials in Nigeria and Cameroon. British billionaire Alex Beard, the former head of oil at commodities…...
Court keeps Nigeria's oil regulator out of Dangote refinery
3+ day, 23+ min ago (907+ words) A Lagos court has extended an order barring Nigeria's petroleum regulator from Dangote's refinery, four days before its share offer opens. A Federal High Court in Lagos has extended an order barring Nigeria's petroleum regulator from entering, sealing or otherwise…...
Zunaid Moti schools deal could cost Botswana $1.5 billion
3+ day, 2+ hour ago (988+ words) Botswana's opposition says a schools deal tied to Zunaid Moti could cost taxpayers P20 billion, and wants a parliamentary panel to investigate. Botswana's main opposition party has accused the government of preparing to commit the country to more than 20 billion pula,…...
Tanzanian tycoon Ghalib Said Mohamed seeks more trains to his cargo hub
3+ day, 3+ hour ago (838+ words) Tanzania Railways may add trains to Isaka, the inland cargo hub Ghalib Said Mohamed leases, which clears freight for Rwanda, Burundi, Congo and Uganda. Ghalib Said Mohamed, the Tanzanian businessman who leases the country's main inland cargo terminal, has asked…...
Deep-Dive Report: Waste Into Wealth — How Joseph Siaw Agyepong Built a 29-Country Empire on Government Contracts, and the Scrutiny Now Following It to Kenya
3+ day, 14+ hour ago (352+ words) Joseph Siaw Agyepong turned his mother's printing shop into a 76-company, 29-country empire on one idea: governments always pay to have their rubbish removed. But in Nairobi and Mombasa, two of his biggest contracts are now being challenged in court....
Suleiman Shahbal's GulfCap and DP World sign Mombasa SEZ deal
3+ day, 18+ hour ago (632+ words) DP World is putting more than $100m into a 535-acre industrial zone at Jomvu with Suleiman Shahbal's GulfCap. At the signing, President Ruto used the podium to tell Shahbal to abandon his bid for Mombasa governor. Suleiman Shahbal's GulfCap Group has…...
The Inside Story: The $16,000 Start — How Muhammed Jah Built The Gambia's Largest Conglomerate From a Computer School in One of Africa's Smallest Economies
3+ day, 13+ hour ago (333+ words) In one of Africa's smallest economies, Muhammed Jah turned $16,000 — a student stipend and an uncle's loan — into The Gambia's largest conglomerate: its first internet provider, first 3G network, a bank and its first data centre. A national champion built from almost…...
Refinery filing lifts Aliko Dangote's fortune to $54 billion
3+ day, 16+ hour ago (496+ words) A new prospectus shows Aliko Dangote holds 87.27% of his oil refinery, putting the fortune of Africa's richest man at $54 billion. Aliko Dangote, Africa's richest man, is worth about $54 billion on the value of his shareholdings, after a prospectus published this…...
Billionaire Aliko Dangote's Lamu refinery lacks crude supply
3+ day, 17+ hour ago (828+ words) Aliko Dangote breaks ground at Lamu on Sept. 30 on a 700,000-barrel refinery, in a country with no commercial oil production. Aliko Dangote breaks ground on Sept. 30 on a 700,000 barrel-a-day refinery at Lamu on Kenya's coast, a project he now costs…...