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 ...

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.

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

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

Jay-Z, whose Roc Nation has chosen every Super Bowl halftime act since 2020, is set to take the stage himself in February, ...

Oracle co-founder Larry Ellison put up Tesla, SpaceX and Skydance shares as loan collateral this year to help bankroll his ...

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

Aliko Dangote's group has bought almost 25% of Kenya Pipeline Company for $327 million, giving Africa's richest man a role in ...

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

Vail Resorts says Cloudflare co-founder Matthew Prince introduced two of hedge fund Oasis's board nominees. Prince, who wants ...

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