South African billionaire Ivan Glasenberg loses $1.9 billion on Glencore stake

Glencore's share price slump wipes out $1.9 billion from Ivan Glasenberg's stake.

, and Mfonobong Nsehe

December 20, 2024 . 2:35 PM

2 min read

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Tony Elumelu Foundation is giving $5,000 each to 3,200 African entrepreneurs in 2026, deploying $16 million in total seed capital across Africa.

, and Oluwatosin Racheal Alabi

March 21, 2026

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UBA Group

UBA UK and British International Investment signed an LOI to explore trade finance deals that expand working capital for African firms.

, and Editorial Team

March 21, 2026

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French billionaire Vincent Bolloré will stand trial in December over bribery and embezzlement charges tied to African port deals in Togo and Guinea.

, and Adedotun Elijah Oyeniyi

March 21, 2026

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Southern Africa

A US company is contesting Johannesburg high court jurisdiction in a $195 million lawsuit against Patrice Motsepe's African Rainbow Capital.

, and Dorcas Adeodun

March 21, 2026

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