21+ hour, 10+ min ago   (674+ words) The US Export-Import Bank will lend nearly $100 million to Africell, the only American-owned mobile operator in Africa, to buy US equipment. The United States Export-Import Bank will lend nearly $100 million to Africell, the mobile operator Ziad Dalloul founded in 2001, to…...

1+ day, 14+ hour ago   (487+ words) Oracle said on Sept. 12 that Larry Ellison cancelled his 10b5-1 plan, that no stock was sold under it, and that he has no other plans to sell. Larry Ellison has cancelled the trading plan that would have let him sell up…...

3+ day, 11+ hour ago   (876+ words) Samsung chairman Lee Jae-yong will buy $1.4 billion of shares from his mother Hong Ra-hee, who borrowed to pay a record inheritance tax bill. Lee Jae-yong, the executive chairman of Samsung Electronics and South Korea's richest person, will buy about 1.9 trillion…...

4+ day, 2+ hour ago   (714+ words) Strive Masiyiwa's Cassava and the El Sewedy family's Elsewedy Electric have joined Vodafone to build Egypt's first AI data centre. Two African billionaire businesses have joined Vodafone to build Egypt's first sovereign artificial intelligence data centre, in a project the…...

4+ day, 12+ hour ago   (333+ words) In one of Africa's smallest economies, Muhammed Jah turned $16,000 — a student stipend and an uncle's loan — into The Gambia's largest conglomerate: its first internet provider, first 3G network, a bank and its first data centre. A national champion built from almost…...

4+ day, 17+ hour ago   (466+ words) Michael Dell is now the world's third-wealthiest person on Forbes' ranking, ahead of Jeff Bezos for the first time. His fortune has more than doubled in a year on demand for AI server hardware. American technology billionaire Michael Dell overtook…...

1+ week, 1+ day ago   (624+ words) Angola's markets regulator has approved the sale of a 34% stake in Standard Bank de Angola, seized from jailed tycoon Carlos Sao Vicente. Angola's Capital Market Commission has approved the sale of a 34 percent stake in Standard Bank de Angola, clearing…...

1+ week, 4+ day ago   (821+ words) Capitec has revealed that its AI-powered payment screening system blocked $43 million in potential fraud losses for more than 113,000 clients in the year to June 2026, while flagging more than 394,000 potentially fraudulent payments. Capitec blocked $43 million (R699 million) in potential fraud losses for…...

1+ week, 5+ day ago   (574+ words) Elon Musk's SpaceX completed the largest startup acquisition in history when it bought Cursor for $60 billion, but the deal came pre-loaded with a cybersecurity breach that Russian-speaking hackers had already used to compromise seven companies. How the hackers got in…...

1+ week, 6+ day ago   (528+ words) George Onafowokan says the CBN could start cutting from 26.5% within two meetings, after Coleman spent $20 million generating its own electricity. George Onafowokan runs the largest cable manufacturer in West Africa and has spent more than $20 million building his own power…...