South African billionaire Jannie Mouton’s Capitec Bank stake nears $1 billion
A recent surge in the leading retail bank’s share price has pushed his holdings close to the $1 billion mark.
Related
Zimbabwe's richest family publishes book on three decades of African philanthropy through Higherlife Foundation
Tsitsi and Tanya Masiyiwa have released a book documenting 30 years of the Higherlife Foundation's philanthropic work across Africa.
Indian billionaire Ravi Jaipuria's Varun Beverages acquires South Africa's Crickley Dairy in ZAR 238 million deal
Varun Beverages is acquiring South Africa's Crickley Dairy for ZAR 238 million ($14.3 million), marking its first move into dairy products.
Zim billionaire Strive Masiyiwa's Cassava launches Africa's first NVIDIA-powered AI factory in South Africa
Strive Masiyiwa's Cassava Technologies launches Africa's first NVIDIA-powered AI factory in South Africa, targeting Nigeria, Kenya, Egypt and Morocco.
South African trio sells stablecoin startup BVNK to Mastercard for $1.8 billion, becoming instant billionaires
South African co-founders Jesse Hemson-Struthers, Donald Jackson and Chris Harmse have sold stablecoin startup BVNK to Mastercard for up to $1.8 billion.
Latest
Kenyan banker James Mwangi set to pocket $5.6 million dividend
Equity Group's record 2025 profit will pay CEO James Mwangi more than Sh734 million in dividends as the board raises its payout by 35%.
Zimbabwe's richest family publishes book on three decades of African philanthropy through Higherlife Foundation
Tsitsi and Tanya Masiyiwa have released a book documenting 30 years of the Higherlife Foundation's philanthropic work across Africa.
Indian billionaire Ravi Jaipuria's Varun Beverages acquires South Africa's Crickley Dairy in ZAR 238 million deal
Varun Beverages is acquiring South Africa's Crickley Dairy for ZAR 238 million ($14.3 million), marking its first move into dairy products.
French President Macron picks Nigerian tycoon Tony Elumelu to lead France's new Africa Impact Coalition ahead of the Nairobi summit in May
Emmanuel Macron has appointed Nigerian billionaire Tony Elumelu to lead France's new Africa Impact Coalition ahead of the Nairobi summit in May.