World News
Lowe’s, led by Black executive Marvin Ellison, posts $21.4...
Despite the headline figures, Lowe's reported positive growth in certain segments. The Pro division, catering to professional contractors,...
CIC Group, linked to Kenyan tycoon Gideon Muriuki, reports...
Gideon Muriuki, a leading Kenyan tycoon, and the CEO of Co-op Bank, holds the largest individual stake in CIC Group at 5.27 percent,...
South African tech mogul Zak Calisto gains $56 million...
Zak Calisto, who founded Karooooo in 2001 to provide stolen car recovery services in South Africa, holds a 74.73-percent stake in...
Nigerian tycoon Temitope Lawani-linked Vivo Energy completes...
The merger of Vivo Energy and Engen marks a significant development in the African energy sector. The post Nigerian tycoon Temitope...
Meet Bella Disu: Nigerian business executive leading one...
Under Bella Disu’s leadership, Globacom has positioned itself as Nigeria’s largest provider of digital services. The post Meet Bella...
Egypt’s multimillionaire Khamis family gains $8.3 million...
While the Khamis family's stake has soared recently, investors seeking to emulate their success through Oriental Weavers shares should...
Cameroonian banker Alain Nkontchou-led Ecobank reports...
Under Alain Nkontchou's leadership, total comprehensive income surged significantly, rising from N7.06 billion ($15.54 million) to...
Africa’s richest man, Aliko Dangote’s sugar firm to raise...
With banks offering limited options, companies like Dangote Sugar are turning to the fixed-income market for alternative financing....
Streaming giant Netflix buys 50 Cent’s documentary on Diddy...
G-Unit Film & Television, 50 Cent's production company, confirmed Netflix secured the rights after a bidding war among streaming services....
Algerian-born French entrepreneur Sue Nabi loses $33.6...
Despite this setback, Sue Nabi remains a pivotal figure in the beauty industry. The post Algerian-born French entrepreneur Sue Nabi...
Firm led by America’s richest Black Billionaire to reap...
Under Robert F. Smith, Vista Equity has realized remarkable gains, totaling a substantial $14.3 billion through monetization activities...
South African exec Kenny Fihla earns $2.4-million salary...
Fihla’s 2022 compensation package marked an impressive 11.5-percent increase over the previous year’s reward of $2.2 million. The...
Vivian Reddy: South African tycoon behind $68.5-million...
Reddy's journey to the zenith of South Africa's business elite began in the early 1990s, a pivotal moment in the nation's history....
Nigerian business mogul Ernest Azudialu-Obiejesi orders...
Azudialu-Obiejesi's decision to procure the G-700 aircraft underscores his commitment to building a world-class energy conglomerate....
Egypt’s richest man Nassef Sawiris’ stake in Aston Villa...
Despite the recent dip in his Aston Villa ownership, Sawiris has had a lucrative year, with wealth gains exceeding $640 million. The...
South African-born tycoon Barry Stuhler takes $20-million...
Stuhler owns a 9.72-percent stake in Lighthouse Properties. His stake amounts to 172,699,222 shares. The post South African-born tycoon...
5 businesses owned by Nigerian multimillionaire Michael...
The narrative of African commodity trading is incomplete without mentioning the influence of Prest. The post 5 businesses owned by...
7 businesses owned by Rick Ross
Ross, the Clarksdale, Mississippi-born hip-hop icon, is a successful businessman in his own right with numerous businesses in his...
10 companies owned by Tanzanian multimillionaire Said Bakhresa
Bakhresa, one of East Africa's richest men, started his billion-dollar empire with a humble restaurant selling baked goods. The post...
Burna Boy to earn up to $1 million as headliner for Uganda’s...
Burna Boy, known for his electrifying performances, has become a sought-after international act, commanding fees ranging from $700,000...
Nigerian billionaire Abdul Samad Rabiu plans to crash cement...
Rabiu said that his company, BUA Cement, is building two new plants that will increase output capacity to 17 million metric tonnes....
G.O.P.’s Far Right Seeks to Use Defense Bill to Defund...
The group’s proposals have no chance of passage, but they have further mired the military spending bill in a partisan fight and highlighted...
To Revive a Dying Main Street, One British Landlord Offered...
In a coastal English town, a floundering shopping district was given new life after 10 local businesses were given free rent for two...
Hollywood Actors’ Strike Looms as SAG-AFTRA Says Contract...
SAG-AFTRA, representing 160,000 television and movie actors, could strike as soon as Thursday, joining screenwriters who have been...
When Signs of Trouble Appear, Mayor Adams Turns to His...
Mr. Adams has leaned heavily on the religious segment of his multiethnic, outer Manhattan base for support.
Social Media, Our Very Favorite Cesspool
Threads and the search for our next social media home.
To Defeat Russia, Ukraine Needs to Turn More Bakers and...
Ukrainian citizen-soldiers are in a fight for survival — and they don’t have time to travel for training.
She’s Got the Hardest Job in Soccer. Can She Keep Winning?
A former World Cup winner, Cindy Parlow Cone is now working to help America realize its global soccer ambitions. Her legacy may be...
Democrats Try a Novel Tactic to Revive the Equal Rights...
Proponents of the measure to enshrine a guarantee of sex equality into the Constitution are using a creative legal theory to try to...
Will Migrants ‘Destroy’ New York or Help It to Flourish?
New York City’s leadership says housing and caring for migrants is costing billions, and “destroying” the city. But economists say...
