African Billionaires — Billionaires Africa — Christo Wiese — South Africa — South African billionaire
South African billionaire Christo Wiese's Shoprite stake rises by $107 million
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Philanthropy Spotlight: Billionaire Donations During the Festive Season
This festive season, African billionaires are making significant charitable contributions, supporting causes in education, healthcare, and community development, and uplifting those in need across the continent.
Nearly $20 billion added to the wealth of African billionaires in 2024
During the year, the list of African billionaires expanded from 25 to 27.
Kate Fotso: Driving transformation in Cameroon’s cocoa industry
The CEO of Telcar Cocoa Ltd. is empowering farmers, promoting sustainability, and setting new standards in agribusiness.
Oando posts $725 million revenue in Q3 2024, records $8.5 million net profit amid operational efficiency
Oando achieves strong financial performance, driven by cost management and improved operations.
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Kenyan tycoon Suresh Bhagwanji Shah sees $3.1 million gain from I&M stake
The rise in I&M Group’s stock price highlights ongoing investor confidence and growing market interest.
Standard Bank’s market value drops below $20 billion amid non-compliance sanction
This decline has shaved $609.22 million off its market capitalization, reducing it from $20.18 billion to $19.57 billion.
JP Morgan bets big on Mpumi Madisa-led Bidvest with $241 million stake acquisition
The banking giant invested R4.42 billion ($241.29 million) to secure a 5.03 percent beneficial stake in Bidvest.
Moniepoint, led by Tosin Eniolorunda, receives Visa backing after reaching $1 billion valuation
This investment signals the beginning of a partnership between Visa and Moniepoint, a collaboration that could reshape Africa’s digital payments landscape.