Dangote Cement’s nine-month profit rose 31% to ₦974.8 billion ($714 million). Revenue grew 19.6% to ₦3.77 trillion as borrowings fell by over ₦520 billion. billionaires.africa/2026/10/… #DangoteCement #Nigeria

Kenyan billionaire Narendra Raval says leaders tried to persuade him to move his $539 million cement plant from Kitui, but he remains committed to the project. billionaires.africa/2026/10/… #Kenya #DevkiGroup

Mamy Ravatomanga’s trial over five Boeing 777s flown to Iran has been delayed again as Madagascar awaits evidence from the US. He denies wrongdoing. billionaires.africa/2026/10/… #Madagascar #Business

Two Johannesburg mansions linked to South Africa’s Gupta brothers are back on sale for R39 million combined, 62% below their original R103 million asking price. billionaires.africa/2026/10/… #SouthAfrica #RealEstate

Aliko Dangote’s Kenya Pipeline stake has climbed to $436 million after a share-price rally. President William Ruto has defended the sale amid criticism. billionaires.africa/2026/10/… #Dangote #Kenya

Strive Masiyiwa’s Cassava Technologies is set to distribute Anthropic’s Claude AI in Africa, expanding business access to generative AI tools. billionaires.africa/2026/10/… #AI #Africa

Tony Elumelu’s Transcorp posted ₦109.4 billion ($82 million) in nine-month profit after tax, up 22% year-on-year. Revenue rose 38% to ₦472.9 billion. billionaires.africa/2026/10/… #Transcorp #Nigeria

Nigerian oil tycoon Ernest Azudialu-Obiejesi’s Nestoil has paid lenders another $40 million, bringing repayments to $130 million since September. billionaires.africa/2026/10/… #Nestoil #Nigeria

Kenya’s Supreme Court struck out an appeal in a Sh205.3 million land dispute, leaving billionaire John Kibunga Kimani’s company free of an order to complete the sale. billionaires.africa/2026/10/… #Kenya #Business

Edha Nahdi’s Bamburi Cement is preparing a $250 million clinker plant in Kenya’s Kwale County, adding to a $600 million regional race to boost local production. billionaires.africa/2026/10/… #Kenya #Cement

Aliko Dangote’s $1.6 billion refinery IPO has attracted investor interest from 119 countries, with domestic and retail orders alone covering the fundraising target as the offer closes. billionaires.africa/2026/10/… #Dangote #Nigeria

Dangote Cement has crossed ₦20 trillion ($15.1 billion) in market value after two straight 10% share-price gains. Aliko Dangote’s stake gained $1.19 billion in one day. billionaires.africa/2026/10/… #DangoteCement #Nigeria

Patrice Motsepe’s Harmony Gold posted record headline earnings of $1.61 billion in 2026 and is expanding into copper after acquiring Australia’s MAC Copper for $1.03 billion. billionaires.africa/2026/10/… #HarmonyGold #Mining

Nigerian billionaire Abdul Samad Rabiu says he no longer needs CBN dollar allocations, as businesses can now buy foreign currency from banks at market rates. billionaires.africa/2026/10/… #BUAGroup #Nigeria

Patrice Motsepe earned R28.3 million ($1.7 million) at African Rainbow Minerals in 2026 before moving from executive chairman to non-executive chairman. billionaires.africa/2026/10/… #PatriceMotsepe #Mining

Egyptian pharma tycoon Ahmed Abu Al Naga has agreed to sell 50% of ATCO Pharma to Saudi Arabia’s Avalon Pharma for $50 million. billionaires.africa/2026/10/… #Egypt #Pharma

Pula Group says its $195 million Tanzania claim against Patrice Motsepe’s companies remains unresolved. Motsepe and his companies deny the allegations. billionaires.africa/2026/10/… #Motsepe #Mining

Kenyan billionaire Narendra Raval’s Kitui cement plant is valued at $539 million by President William Ruto, who says it will create 4,000 jobs. billionaires.africa/2026/10/… #Kenya #DevkiGroup

South African tycoons Mark and Brett Levy face scrutiny over Blu Label’s Ticketpro sale after Sports Minister Gayton McKenzie acknowledged visiting their offices during the deal period. billionaires.africa/2026/10/… #SouthAfrica #Business

South Africa’s Pick n Pay cut its first-half supermarket trading loss 16.9% to R516 million ($31 million), while group trading profit rose 58.1% to R490 million. billionaires.africa/2026/10/… #PicknPay #SouthAfrica