South Africa's state development lender will pay R3 billion in cash and take on R7 billion of debt to control ArcelorMittal ...

Billionaire Anil Agarwal’s Vedanta linked Hindustan Zinc reported a 142% increase in quarterly net profit to 64.12 billion ...

Nigerian lawyer and businessman Wale Babalakin has signed a settlement with the government, ending a two-decade dispute over ...

Nigeria's anti-graft agency has arrested Abuja businessman Innocent Ezuma over claims he collected more than $120 million from a Ukrainian investor for projects never built.

Cyprus police have opened an investigation into how former Chelsea owner and Russian-Israeli billionaire Roman Abramovich's assets were managed through companies on the island.

Billionaire David Ellison now owns HBO, CNN, Paramount and CBS after $111 billion deal closes. Billionaire David Ellison has completed Paramount's $81 billion takeover of Warner B ...

Aliko Dangote says his group is building pipelines and depots across East, Central and Southern Africa as part of a $50 billion investment plan.

Strive Masiyiwa’s Cassava has joined Nvidia as a partner in a new World Bank program to give developing nations shared access to AI computing power.

South African billionaire Zak Calisto’s Karooooo stake is now worth about $1.1 billion, more than five times its 2018 value, ...

Hisham Talaat Moustafa's TMG will develop four mixed-use projects worth EGP 11 trillion with the Egyptian state, sending its ...

Robert Budi Hartono, Prajogo Pangestu and Low Tuck Kwong lost a combined $5.9 billion after MSCI’s downgrade warning ...

Dahabshiil Motors, the car arm of Abdirashid Duale's Dahabshiil Group, has signed a deal to become an authorized dealer for ...