From the Editor

Dear Readers,

Across Africa, headlines aren’t just about potential; they’re about bold, decisive moves that are reshaping markets, energy networks, and regional partnerships.

From billionaires making strategic investments to countries turning old rivalries into opportunities, this week’s stories showcase how the continent is actively defining its own economic and geopolitical narrative.

Take healthcare, for example. Patrice Motsepe’s Sanlam Private Equity just took a majority stake in Medhold, a 38-year-old medical devices company spanning five countries.

Then there’s energy and trade. Algeria and Niger are finally burying the hatchet to revive the trans-Saharan gas pipeline, while Abdul Samad Rabiu is taking Nigerian agriculture global through a logistics and sugar-refining hub in the UAE.

Victor Oluwole
Victor Oluwole,
Editor-In-Chief,
Business Insider Africa.

Today’s Must Read

Billionaire Motsepe’s firm acquires 38-year-old medical devices company with operations in 5 countries

Motsepe/ PHOTO: CAF

South African billionaire Patrice Motsepe is strengthening his footprint in healthcare through Sanlam Private Equity, which has acquired a majority stake in Medhold, a 38-year-old medical devices company operating across five Southern African countries. The deal sees Old Mutual Private Equity exit its 50% stake after supporting the company’s expansion since 2018.

Medhold supplies advanced orthopaedic, diagnostic, ICU, and robotic-assisted surgical systems, alongside installation and clinical training services. Under Sanlam’s ownership, the focus will be on scaling its regional footprint and expanding socially driven healthcare initiatives.

Why This Matters

The significance of this move lies in the growing institutional confidence in Southern Africa’s healthcare sector at a time when demand for advanced medical technology is accelerating.

By backing an established, multi-country operator like Medhold, Sanlam Private Equity is positioning itself at the intersection of rising healthcare needs, governance-driven scaling, and regional integration

The Big 3

Study, supply, installation and integration of an OTN / SCADA network along the pipelines GR1/ GR2 and GR4, Algeria

🇩🇿 Algeria and Niger put an end to their cold war to revive a major trans-Saharan energy deal

Algerian President Abdelmadjid Tebboune has announced the launch of a long-awaited trans-Saharan gas pipeline through Niger, signaling a major diplomatic and economic reset between the two neighbors. Algeria’s state energy firm Sonatrach will lead the pipeline’s construction, scheduled to start after Ramadan.

The announcement coincided with a high-level visit by Nigerien President Abdourahamane Tchiani to Algiers, the clearest sign yet of ending tensions after a diplomatic rift that began last April over a contested drone incident involving Mali and the Sahel alliance.

🇳🇬 Nigeria’s second‑richest man, Abdul Samad Rabiu, expands into UAE food and logistics hub

Abdul Samad Rabiu, chairman of BUA Group and Nigeria’s second-richest man, has signed a strategic MoU in Abu Dhabi with AD Ports Group and MAIR Group to develop sugar refining, agro-industrial projects, and integrated global logistics solutions.

The deal aligns with the UAE’s Food Security Strategy 2051 and Nigeria’s agenda for agricultural transformation and export diversification. By establishing refining and logistics operations in a major Gulf hub, BUA Group aims to enhance West Africa’s trade linkages and open access to Asia.

🇮🇹 Italian oil giant uncovers three trillion cubic feet of gas in the Ivory Coast’s second-largest offshore find

Italian energy giant Eni has announced a major natural gas and condensate discovery offshore Côte d’Ivoire, named Calao South. The field, located in Block CI‑501 where Eni holds a 90% stake alongside state-owned Petroci Holding, is estimated to contain up to three trillion cubic feet of gas and 100 million barrels of condensate.

The discovery follows drilling of the Murene South‑1X exploration well using the Saipem Santorini drillship, which reached a depth of over 5,000 meters in water around 2,200 meters deep. Calao South complements Eni’s existing deepwater projects in Angola, Ghana, and Nigeria, reinforcing its growing presence across West Africa.

Listicles

A vibrant crafts market in Cape Town filled with colorful textiles, handmade jewelry, and African art. Photo: Getty Images

From the fast-paced commercial energy of Lagos to the scenic sophistication of Cape Town, this list highlights five African cities that seamlessly blend business opportunity with vibrant leisure experiences, showcasing Nairobi’s innovation hub, Kigali’s clean and orderly charm, and Accra’s cultural and entrepreneurial dynamism.

Africa's Best Cities to Visit for Business and Leisure

1. 🇳🇬 Lagos, Nigeria

2. 🇿🇦 Cape Town, South Africa 

3. 🇰🇪 Nairobi, Kenya

4. 🇷🇼 Kigali, Rwanda 

5. 🇬🇭 Accra, Ghana

Geopolitics & Power

US Army soldiers train in Italy.Sgt Matthew Prewitt/US Army

🇳🇬 100 U.S military advisers arrive in Nigeria under expanded security agreement

The Defence Headquarters of Nigeria has confirmed the arrival of roughly 100 U.S. military advisers and technical personnel at Bauchi Airfield, deepening security cooperation between Nigeria and the United States.

The deployment follows a formal request by Abuja for enhanced training, intelligence sharing, and technical support, particularly as insurgent threats from Boko Haram and Islamic State West Africa Province persist in the northeast. U.S. personnel will serve strictly in advisory and training roles, with no combat mandate, and all activities will operate under Nigerian authority.

Business Implication

For most of the previous year, Nigeria was thrust into the global spotlight for the level of violence Christians faced in its Northern region, prompting sanctions, travel warnings and visa restrictions from other countries, particularly the United States, with Donald Trump designating Nigeria as a ‘country of particular concern’.

By enhancing counterterrorism capacity, especially in partnership with the United States, without compromising sovereignty, the government creates a more welcoming environment for foreign investment, and even local businesses.

Global Trends, African Impact

Mark Cuban

💻 Mark Cuban predicted an army of young people would have to spread AI — and tech gurus agree

Mark Cuban, tech billionaire and owner of the Dallas Mavericks, says AI will create a generational job boom for young people Cuban predicts that implementing AI across tens of millions of companies will generate massive demand for tech-savvy workers who can integrate AI tools into business operations.

Drawing parallels with the IT services boom of the 2000s, Cuban emphasized that this wave of AI adoption is not just for software engineers. With most companies lacking in-house AI expertise, young workers who understand AI implementation and can guide businesses through integration are poised to fill a vast and growing gap.

Executive Trivia

The African Union headquarters is located in which city?

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