African Wealth Briefing — Mon., Aug. 31, 2026

Billionaires Africa | 01.09.2026 02:56
An Angolan independent used a legal right of first refusal to snatch two of Chevron's oil blocks from a London-listed bidder — the clearest sign yet that as the majors retreat, African oil is passing into African hands. And from clinker in Kenya to drug ingredients in Nigeria, the continent's billionaires spent the week betting on making at home what they have always imported.