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News and Stories about business leaders, public and elected officials, C-suite executives, founders.
Africa’s richest man, Aliko Dangote plans $400 million Ethiopia cement plant expansion
Aliko Dangote, Africa’s richest man, has announced a $400 million plan to push a second production line at the Mugher...
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AU elects Djibouti’s Youssouf as new chairperson hours after launching own credit rating agency
The African Union has elected Mahamoud Ali Youssouf of Djibouti as the new Chairperson of the AU Commission, just 24...
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PZ Cussons Nigeria appoints Richard Walker as new director, effective February 13
PZ Cussons Nigeria has announced the appointment of Richard Walker as a Director on the Board of the Company, effective...
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Nigerian Breweries appoints Olufunmilayo Akande as Independent Non-Executive Director
Nigerian Breweries Plc has announced two changes to its board of directors. The Board has appointed Mrs. Olufunmilayo A. Akande...
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Billionaire Jeff Bezos’s Blue Origin sacks 10% of workforce to cut cost
Blue Origin, the space exploration company backed by Amazon founder Jeff Bezos, is laying off 10% of its workforce as...
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Elon Musk’s networth suffers $53.7 billion loss as Tesla shares sink lower
Elon Musk’s fortune has dropped below $400 billion for the first time this year, as shares of Tesla, the electric...
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Billionaire Femi Otedola’s brother, Rotimi sells N4.6 billion Geregu shares
Olurotimi Otedola, the founder of the Afrinero music band and the brother of Nigerian billionaire Femi Otedola, has sold shares...
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Uganda appoints new Central Bank Governor to end three-year vacancy
Michael Atingi-Ego has been appointed as the new Governor of the Bank of Uganda, concluding a three-year period without a...
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UAC Nigeria appoints Ms. Obi James, Mrs. Amina Muhtar as directors, effective March 1
United African Company of Nigeria (UAC) has announced the appointment of Ms. Obi James and Mrs. Amina Muhtar as Independent...
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Billionaire Elon Musk says he has no plans to buy TikTok US
Elon Musk has dismissed speculation that he is interested in acquiring TikTok, the popular social media platform facing scrutiny in...
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