Delta Air Lines (DAL) announced record revenue for the June quarter on Thursday, but earnings fell short of […]
Business & Opportunities
Kenyan Banker John Gachora Buys 2.3 Million More NCBA Shares
John Gachora, CEO of NCBA Bank Group, has raised his stake in the bank, bolstering his control and […]
Business & Opportunities / Featured Posts
Egyptian Billionaire Yasseen Mansour’s Gains $3.4 Million from Palm Hills Stake
Over the last 16 days, Egyptian billionaire Yasseen Mansour, chairman of Palm Hills Developments, has seen a significant […]
Business & Opportunities / Featured Posts / Technology
Vista to Acquire Cloud Storage Firm in $1.2 Billion Deal
A consortium led by Robert F. Smith, America’s richest Black billionaire, has reached an agreement to acquire a […]
Business & Opportunities
Botswana’s Letshego Defaults on $30.5 Million Loan in Kenya and Uganda
Letshego Holdings, a Botswana-based transnational financial services business partly owned by Malawian banking billionaire Hitesh Anadkat, has defaulted […]
Business & Opportunities
Egyptian Businessman Abdallah Sallam’s Firm Signs MoU for $21 Million Project
Madinet Masr, a leading real estate developer led by Egyptian magnate Abdallah Sallam, has entered into a Memorandum […]
Business & Opportunities / Featured Posts
Eaton CEO Craig Arnold’s Fortune Drops by $11.2 Million
Craig Arnold, regarded as one of America’s most successful Black CEOs, has seen his fortunes plummet. The market […]
Business & Opportunities / Featured Posts
10 Fastest-Cooling Housing Markets in the U.S.
Some cities’ housing markets continue to heat up, particularly those with affordable properties. However, many cities in the […]
Business & Opportunities / Featured Posts / Richest
Carlos Slim: Mexico’s Richest Man to Invest $1.2B in Lakach Deepwater Field in Gulf of Mexico
The largest individual in Mexico, Carlos Slim, is the owner of a company that is investing $1.2 billion […]
Business & Opportunities / Technology
Samsung Workers Begin Three-Day General Strike Over Pay
On Monday, workers at South Korean tech giant Samsung began a three-day general strike over pay and benefits, […]
Business & Opportunities / Featured Posts
Dr. Shanté Williams Becomes First Woman and Person of Color to Lead Opera Carolina
Opera Carolina has named Dr. Shanté Williams, a Charlotte businesswoman, as its next general director. She will be […]
Business & Opportunities
Father-Daughter Brand Named Official Energy Drink of WNBA Franchise
Meet Jacqui Rice Gold, co-founder of G.O.A.T. Fuel, an energy drink manufacturer. She invented the energy drink with […]
Business & Opportunities
Billionaire Naguib Sawiris’ Firm Launches East Cairo’s First Residential Tower
Ora Developers, established by Egypt’s second-richest man Naguib Sawiris, has launched Club Side Towers, East Cairo’s first residential […]
Business & Opportunities / Editor's Pick
Russian Oil Tycoon Vagit Alekperov Leads Lukoil’s Expansion Into West Africa
Lukoil, Russia’s largest oil producer and owned by Russian billionaire Vagit Alekperov, has increased its foothold in West […]
Business & Opportunities / Featured Posts / Richest
French Businessman Bernard Arnault Buys Stake in Johann Rupert’s Richemont
Bernard Arnault, chairman and CEO of LVMH Moët Hennessy Louis Vuitton, has acquired an unknown interest in Richemont, […]
Business & Opportunities / Featured Posts / Technology
Palantir Technologies Wins $19 Million U.S. Government Contract
Palantir Technologies, an artificial intelligence (AI) and big data analytics startup established and run by African-American tech tycoon […]
Business & Opportunities / Editor's Pick
French Entrepreneur Sue Nabi Loses $28.5 Million From Coty Stake
Sue Youcef Nabi, an Algerian-born French entrepreneur and business leader, has seen a large reduction in the market […]
Business & Opportunities / Featured Posts
Egypt: Hisham Talaat Moustafa’s TMG Stake Rebounds, Surpassing $1 Billion
Egyptian billionaire Hisham Talaat Moustafa, chairman of Talaat Moustafa Group Holding (TMG), has seen his share in TMG […]
Business & Opportunities
Heirs of Late Kenyan Tycoon Chris Kirubi Secure $46.7M Investment for Their Firm
The Two Rivers International Finance and Innovation Centre (Trific) SEZ, a subsidiary of Centum Investment Company, an East […]
Business & Opportunities
Dutch Company Challenges $13.1M Award to Kenyan Tycoon Ngugi Kiuna
Heineken is challenging a Kenyan court order to pay $13.1 million to Maxam Limited, a beverage distribution company […]
Business & Opportunities
Thousands Of Young Kenyans Protest Tax Hikes
Thousands of primarily young demonstrators flocked to the streets across Kenya on Thursday to protest tax hikes, blowing […]