Most Recent World News

Nigerian Business Mogul Tony Elumelu Makes $123 Million In 3 Weeks

It’s just paper gains, but it counts. Nigerian banker Tony O. Elumelu has become at least $123 million richer between November 1 and November 21 as shares of Transcorp PLC, a.

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Egypt’s 6 Richest Businessmen Make Up 4.3% Of Total Wealth: Credit Suisse

Egypt, home to an estimated 52 million adults, houses approximately 22,250 millionaires, accounting for 0.04 percent of its total adult population, according to a research by leading global investment bank.

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Meet Africa’s Newest Billionaire, Abdulsamad Rabiu

On a chilly autumn night in London, a chauffeured Bentley glides into the courtyard of an affluent home. Seconds later, atop the entrance steps, the doors swing open and out.

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DHL Invests In Air Transport Facilities For West African Operations

German-based logistics company, DHL is vamping up its West African operations by investing in air transport facilities to meet the demand for express and freight services in the region. The.

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Microsoft Ventures Launches In Africa To Support New Business Startups

In line with its 4Afrika initiative, Microsoft Corp. has extended its Microsoft Ventures partnership program into Africa, to help startups in key sectors like agriculture, education and healthcare fuel the continent’s economic.

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21 Quotes From African Billionaires On Business, Passion And Life

Power and drive are two things business leaders seem to have in common. Add an uncommon determination to succeed, and the extraordinary that pushes them to surpass expectations and do.

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10 Africans Who Founded Million-Dollar Internet Companies

The number of millionaires springing up from digital ventures has grown tremendously in the past two decades, as the world increasingly embrace the potential of knowledge technologies, information and social.

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Fast-food giants target Africa

Sub-Saharan Africa’s economic renaissance is fueling an investment drive by fast food joints looking to tap the continent’s growing middle class. The likes of Kentucky Fried Chicken (KFC) and Domino’s.

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Konga Launches Africa’s Largest e-Commerce Warehouse

Leading Nigerian online shopping mall Konga.com, today announced it has relocated to a 120,000 sq ft fulfillment centre which is the largest warehouse of any e-commerce firm in Africa, tromping Jumia.

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Africa’s Youngest Billionaire, Ashish J. Thakkar Is First African To Make Fortune 40 Under 40

Ashish J. Thakkar, the 32 year-old founder and CEO of Mara Group, has emerged the first African ever to be named in Fortune Magazine’s prestigious annual 40 Under 40 list which.

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