Africa’s richest man picks US firm Honeywell for $300 million Kenya refinery deal
Honeywell will work on the 700,000-barrel-per-day refinery under a contract estimated at $300 million. The company said its previous work with Dangote’s refinery in Nigeria will help shorten the development timeline for the Kenyan project
Saudi billionaire, Al-Amoudi picks one of Africa’s fastest-growing destinations for a $116 million hotel expansion
Mohammed Al-Amoudi is a Saudi citizen, though born in Ethiopia. His fortune has made him one of the world’s wealthiest individuals and Ethiopia’s richest businessman
Airtel Africa picks London for fintech IPO as mobile money business enters next growth phase
The listing, expected in the second half of 2026 subject to regulatory approvals, marks a major milestone for Airtel Money as the company seeks to capitalise on the rapid adoption of digital payments and financial services across Africa