NPR
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...
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....
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...
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....
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...
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...
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...
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....
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...
Meta's Threads wants to become a 'friendly' place by downgrading...
Mark Zuckerberg has pitched Meta's Twitter clone as a more "friendly" place for online discourse. Executives say breaking news and...
Looming actors strike reflects major tensions in Hollywood
SAG-AFTRA, the union representing some of Hollywood's biggest stars, is set to go on strike Thursday. Barring a last-minute breakthrough...
UPS workers could be on course for a historic strike within...
Workers at UPS could be heading for a strike. If that happens, it would be the largest walkout against a single company in U.S. history.
Egypt is suffering neither war nor chaos, but people are...
Egyptians were among the hundreds of migrants on a ship that sank off of Greece last month. The deadly voyage cast a spotlight on...
The 2023 Emmy Awards: Breaking down this year's nominees
Nominations for the 75th Emmy Awards were announced Wednesday in Los Angeles. Succession, Ted Lasso and Beef racked up nods in multiple...
Fuel prices have tripled in Nigeria, squeezing millions...
In Nigeria, fuel costs have tripled over the last month and are expected to rise even further, a major hit to millions of people who...
A devastating attack claims 6 lives in Mexico's Jalisco...
Mexican authorities say an organized crime group targeted police with at least seven improvised explosive devices. The governor called...
NATO pledges its support for Ukraine, but gives it no timeline...
President Biden said NATO countries will help Ukraine defend itself against Russia now and into the future, even as they did not offer...
Plastic is suffocating coral reefs — and it's not just...
A new study takes a comprehensive look at the plastic debris smothering reefs, where in the ocean it's more prevalent — and how to...
