South Africa: Ruins of Nelson Mandela’s rainbow nation dream
South Africa, the rainbow nation, makes for an interesting story. Experts and polls prediction that the ruling party ANC...
Omondi Joseph
Why are well-funded African startups closing?
Post-financial crisis ushered in an era of easy capital for some African enterprises that were considered to be operating...
Adnan Khashoggi: Saudi arms dealer who hosted parties for CIA spies and tycoons in Kenya
Adnan Khashoggi, the Saudi arms dealer who once strode Kenya like a colossus, is not your typical billionaire who...
Mohamed Al-Fayed: Egyptian billionaire who lost his son in a tragic accident along with Princess Diana
Mohamed Al-Fayed was among the wealthiest Egyptians who made tonnes of money mostly in Europe. The billionaire, who died...
DRC vs Apple: Kinshasa to sue iPhone-maker in US and France
You probably have heard this before; your computer or laptop contains at least one component produced using minerals from...
What Nigeria billionaire Aliko Dangote’s 35 visas remark really means
In a panel discussion in the just concluded Africa CEOs Forum, Nigerian industrialist Aliko Dangote confirmed something that probably...
Mohamed Jaffer: The reclusive billionaire who control the flow of grains into East Africa
In February 2024, a court of appeal sitting in Nairobi ended Mohamed Jaffer’s two-decade monopoly of handling grains at...
Mozambique climbs to the fourth-largest gas producer in Africa
Mozambique is set to become the fourth-largest LNG producer in the world with an estimated 30 million tonnes of...
African Development Bank commits $2 billion to clean cooking solutions in Africa
The African Development Bank Group (AfDB) has committed about $2 billion in funding to clean cooking technologies in Africa...
South Africa and Nigeria dominate the FT list of fastest-growing companies
The third edition of the Financial Times (FT) annual ranking of the fastest-growing companies is out with some new...