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,…

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…

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.…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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,…

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…

Thousands Of Young Kenyans Protest Tax Hikes

Thousands of primarily young demonstrators flocked to the streets across Kenya on Thursday to protest tax…

Meet the Innovator Offering Free Healthy Food via Smart Fridges in Low-Income Communities

Dr. Leeja Carter, CEO and founder of the Coalition for Food and Health Equity (CFHE), is…

Egyptian Businessman Ahmed Ezz Earns Nearly $45M from Ezz Steel Shares

Ahmed Ezz, the creator of Ezz Steel, Egypt’s top steel maker, has seen his wealth jump…

Angolan Billionaire Isabel dos Santos Fights $734 Million Asset Freeze

Isabel dos Santos, Angola’s first female billionaire and daughter of former president Jose Eduardo dos Santos,…

Egyptian Tycoon Medhat Khalil Earns $4 Million in 8 Days

Medhat Khalil, founder and chairman of Raya Holding, a renowned investment conglomerate, has seen his wealth…