Hong Ra-hee will give her son 11.16 million Samsung shares, lifting his stake to 1.75% and leaving him a gift tax bill above ...

Mary-Ann Musangi, who runs the consumer goods maker founded by her late father Chris Kirubi, plans to sell in 30 African ...

Morocco's incoming prime minister has formed a four-party coalition without billionaire Aziz Akhannouch's RNI, which led the ...

Elizade University, founded by Nigerian auto tycoon Michael Ade Ojo, says it can now train doctors, as its nursing graduates ...

Elsewedy Electric, run by Egyptian tycoon Ahmed Elsewedy, and China's Sinohydro have signed a $2.2 billion contract to build ...

Ethiopia has opened Aliko Dangote's $1.6 billion refinery share sale to as many as 100 qualified investors, but retail buyers ...

Egyptian telecom billionaire Naguib Sawiris apologized for his slow response to the deadly Riyadh airport attack and urged ...

Dangote's Lagos refinery made $4.7 billion in nine months, reversing a loss a year earlier, as investors weigh its $1.6 ...

Elon Musk has given more than $276 million to Republican groups since July, making him the largest known donor of the 2026 ...

Assore has sued African Rainbow Minerals over who runs Assmang, the iron ore and manganese miner they own equally. ARM ...

South Korean billionaire Lee Jae-yong is set to receive $1.9 billion in Samsung Electronics shares from his mother, ...

The Dubai developer founded by billionaire PNC Menon has secured sites in Queensland and is weighing Sydney as it pushes into ...