Global

Richemont's Rupert Names Son Co-Deputy Chairman in Succession Move

Johann Rupert, Africa's second-richest man and founder of the $50B+ luxury group Richemont, is formalising a generational handover by elevating his son to co-deputy chairman.

11 Sept · 3 min read · richemont · succession · african business
Global

Côte d'Ivoire Pension Fund Takes Stake in AFC in Capital Push

Three separate capital moves — a pension fund buying into a pan-African lender, a Moroccan bank injecting funds into its property unit, and a road upgrade in the DRC — point to deepening institutional investment across the continent.

Funding

Bannerman Energy raises $82M as CNNC nears $321.5M Namibia uranium deal

China's state nuclear giant is closing in on a stake that would give it 60% offtake rights over Etango's projected 3.5 million pounds of annual uranium output — locking in a strategic African supply line for decades.

Global

Chinese EVs and M-KOPA's 10,000 e-bikes reshape African mobility

DFSK, Riddara, and M-KOPA are each pushing deeper into African markets with dealer expansions, new pickup trucks, and electric tuk-tuk financing — signalling a structural shift in how the continent moves goods and people.

The Brief

The Money

Deal Tracker →
Growth
~$82M
Bannerman Energy
Energy · Namibia
Grant
₦330M
iDICE Startup Bridge – Founders Lab Cohort 1 (50 startups)
Startup Ecosystem · Nigeria
Debt
$51M
Tolaram
Consumer Goods · Nigeria
Growth
$1.5B
Dangote Petroleum Refinery
Energy · Nigeria
Pre-seed
$450K
Trade Lenda and AirSmat
Fintech · Nigeria
Growth
$300M
WIOCC Group
Digital Infrastructure · Pan-Africa
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