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South African billionaire Patrice Motsepe's African Rainbow Minerals stake drops to $781 million
Patrice Motsepe's African Rainbow Minerals shares have lost about $300 million this year as the miner spends on platinum and fights its partner in court.
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South African billionaire Patrice Motsepe's African Rainbow Minerals stake drops to $781 million
Patrice Motsepe's African Rainbow Minerals shares have lost about $300 million this year as the miner spends on platinum and fights its partner in court.
Africa's richest man nearly walked away from $327 million Kenya pipeline deal
Aliko Dangote threatened to walk away from his Kenya Pipeline stake purchase over a gap of 46 Kenyan cents a share, people involved said.
Nigerian banking tycoon Atedo Peterside’s Stanbic IBTC stake is worth $17.8 million
Atedo Peterside started IBTC in 1989 and built it into Stanbic IBTC. His 150 million shares in the Lagos-listed group are now worth $17.8 million.
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Femi Otedola is reportedly buying up to 5% of Dangote Cement, about half the shares not held by Aliko Dangote. The stock hit its daily limit on Friday and is up 82% this year, and a London listing may follow. Why the free float matters, and what investors should watch.
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Moroccan billionaire Othman Benjelloun’s Bank of Africa to issue 5.1 million free shares to investors
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Africa's richest man nearly walked away from $327 million Kenya pipeline deal
Aliko Dangote threatened to walk away from his Kenya Pipeline stake purchase over a gap of 46 Kenyan cents a share, people involved said.
Nigerian banking tycoon Atedo Peterside’s Stanbic IBTC stake is worth $17.8 million
Atedo Peterside started IBTC in 1989 and built it into Stanbic IBTC. His 150 million shares in the Lagos-listed group are now worth $17.8 million.
Nigerian billionaire Aliko Dangote's $327 million Kenya pipeline deal gets president's backing
Kenya's President William Ruto hit back at critics of Aliko Dangote's Kenya Pipeline stake, which has gained about $45 million as the shares surged.
Nigerian billionaire Femi Otedola eyes 5% stake in Dangote Cement
Billionaire Femi Otedola is buying Dangote Cement shares again as the stock surged 10%, while his First HoldCo stake gained $119 million.
Nigerian lottery billionaire Kessington Adebutu donates $600,000 office to Lagos security fund
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Ghanaian billionaire Ibrahim Mahama, the president's brother, seeks $740 million from Gold Fields
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President Paul Kagame says Rwanda wants a stake in Dangote's $16 billion Kenyan refinery
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Aliko Dangote offers Kenya a $500 million stake in $20 billion Lamu refinery as September groundbreaking nears
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Madagascar's richest man Ylias Akbaraly attacks Elon Musk's layoffs in a new book
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Esther Koimett becomes Middle East Bank Kenya's largest shareholder after inheriting Nicholas Biwott's stake
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Aliko Dangote plans $17 billion refinery on Kenya's Lamu Island to end East Africa's fuel imports
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South African billionaire Patrice Motsepe's African Rainbow Minerals stake drops to $781 million
Patrice Motsepe's African Rainbow Minerals shares have lost about $300 million this year as the miner spends on platinum and fights its partner in court.
South African tycoon Adrian Gore's Discovery Bank chief earns $3.1 million, beating him
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South African coal tycoon Mike Teke's Seriti loses coal rights appeal to rival
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Late South African billionaire Douw Steyn’s former home is now Africa’s leading luxury boutique hotel
The Saxon, the Johannesburg home of late billionaire Douw Steyn where Nelson Mandela wrote his memoir, holds Africa’s top luxury boutique hotel title.
South African financier Magda Wierzycka wins vote to give Sygnia executives $37 million in shares for 1 cent each
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African Wealth Briefing — Mon., Oct. 26, 2026
Dangote's refinery IPO closes tomorrow, and new details show he nearly walked away from his Kenya Pipeline deal. Femi Otedola is reportedly buying up to 5% of Dangote Cement. Shoprite is in banking talks with Investec. And Douw Steyn's former home is now Africa's leading boutique hotel.
The Inside Story: The House on Saxon Road — How Douw Steyn Built an Insurance Empire, Sheltered Nelson Mandela and Left Africa Its Leading Boutique Hotel
Douw Steyn sold insurance by telephone before anyone else in South Africa, built a business across two continents and lent his Johannesburg home to Nelson Mandela. That home, The Saxon, has just been named Africa's leading luxury boutique hotel. The story of the man who built it.
Deep-Dive Report: The Free Float — Femi Otedola's Reported Bid for 5% of Dangote Cement, a London Listing and the Scramble for Scarce Shares
Femi Otedola is reportedly buying up to 5% of Dangote Cement, about half the shares not held by Aliko Dangote. The stock hit its daily limit on Friday and is up 82% this year, and a London listing may follow. Why the free float matters, and what investors should watch.
Investor Memo: The Supermarket Bank — Why Christo Wiese's Shoprite Is Talking to Investec, and What It Means for South African Banking
Shoprite is in talks with Investec about selling more financial services to its shoppers. Its Money Market account already has over 4 million users. What each side wants, why Shoprite does not want to be a bank, and what it means for Capitec, Pepkor and Christo Wiese.
South African billionaire Patrice Motsepe's African Rainbow Minerals stake drops to $781 million
Patrice Motsepe's African Rainbow Minerals shares have lost about $300 million this year as the miner spends on platinum and fights its partner in court.
Africa's richest man nearly walked away from $327 million Kenya pipeline deal
Aliko Dangote threatened to walk away from his Kenya Pipeline stake purchase over a gap of 46 Kenyan cents a share, people involved said.
Nigerian banking tycoon Atedo Peterside’s Stanbic IBTC stake is worth $17.8 million
Atedo Peterside started IBTC in 1989 and built it into Stanbic IBTC. His 150 million shares in the Lagos-listed group are now worth $17.8 million.
Malagasy tycoon Mamy Ravatomanga faces trial Tuesday over five Boeings flown to Iran
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U.S. billionaire Herbert Wertheim lets 74 Nobel winners choose where his money goes
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Nigerian billionaire Aliko Dangote's $327 million Kenya pipeline deal gets president's backing
Kenya's President William Ruto hit back at critics of Aliko Dangote's Kenya Pipeline stake, which has gained about $45 million as the shares surged.
American billionaire Elon Musk could avoid $2.6 billion in taxes with SpaceX gift
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Indian billionaire Mukesh Ambani's Jio draws record $77 billion in IPO bids
Jio Platforms, the telecom and digital arm of Mukesh Ambani's Reliance Industries, drew more than $77 billion in bids before its Oct. 28 market debut.
