Tycoon

Nigerian billionaire Aliko Dangote has embarked on an ambitious journey to transform Africa's agricultural landscape. Recently, he announced plans to significantly expand the $2.5 billion Dangote Fertilizer Plant, a move that aligns with a broader vision to foster industrial transformation across the continent. This initiative is not merely business; it’s a strategic step toward self-sufficiency for African farmers, who have long faced challenges stemming from dependency on imported fertilizers. The forthcoming…

Amos Chibaya, a former legislator and notable opposition activist, recently voiced a compelling call for a thorough investigation into the financial origins of businessman Wicknell Chivayo. Chibaya argues that such scrutiny is not only necessary but long overdue. In a nation where transparency is often overshadowed by privilege, questions regarding the legitimacy of Chivayo’s wealth have become increasingly pertinent. Chivayo, often labeled a tenderpreneur, has not only attracted attention for his financial maneuvers but…

In an exciting development for global economic collaboration, the President and CEO of Dangote Group, alongside several distinguished industry leaders, has been appointed to the World Bank's Private Sector Investment Lab. This initiative represents a significant effort to foster sustainable economic growth and job creation in emerging markets. In his response to the appointment, Nigerian billionaire Aliko Dangote expressed his profound respect for this new role. He regards it as an esteemed opportunity to…

Elumelu Joins Prestigious IMF Advisory Council The International Monetary Fund (IMF) has recently welcomed Tony Elumelu, a prominent figure in the African business landscape, to its Advisory Council on Entrepreneurship and Growth. By joining this council, Elumelu is not only expanding his influence but is also seated amongst a group of global luminaries. Alongside him are distinguished professionals like Professor Ufuk Akcigit from the University of Chicago, HRH Ambassador Reema Bandar Al-Saud…

Cassava Technologies and Nvidia: Pioneering AI in Africa Have you ever wondered what it takes for a continent often overshadowed in tech innovations to take the global stage? Well, perhaps a blend of audacity and strategic partnerships might just do the trick. In an inspiring stride towards transforming Africa’s digital landscape, Cassava Technologies, under the visionary leadership of Zimbabwean telecoms mogul Strive Masiyiwa, is collaborating with Nvidia Corp. to lay the foundation for Africa’s very first…

Wicknell Chivayo, a well-known and often divisive figure in Zimbabwe’s business landscape, has firmly rejected any suggestions of his involvement in a contract for supplying ballot papers to the Namibian Electoral Commission (NEC). Chivayo expressed his dismay, deeming the claims linking him to this contract both unfounded and alarming. A report by the Daily Maverick pointed to Chivayo's connections with Ren-Form, the firm awarded the task of designing, printing, and packaging ballot papers for Namibia's upcoming…