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Good morning from Billionaires.Africa.
Here is a brief on what we published yesterday.
Wicknell Chivayo is facing one of the most dramatic matrimonial claims in Zimbabwean legal history — his wife Sonja Madzikanda is suing for a $25 million lump sum, $40,000 in monthly maintenance and three Rolls-Royces in a High Court battle over their 2017 customary marriage. In Ghana, Daniel McKorley's McDan Aviation lost its FBO licence at Kotoka International Airport after Ghana Airports sent officials in at 1am despite a court injunction — sparking a legal and political fight that is far from over.
In Nigeria, a 117-group civil society coalition petitioned President Tinubu and the UN to review Jimoh Ibrahim's appointment as Nigeria's permanent representative, citing a N69.4 billion debt judgment and unresolved criminal tax charges. And Abdul Samad Rabiu's BUA Cement reinstated 400 sacked truck drivers and agreed to pay three months of salary arrears after an Edo monarch brokered a settlement.
Top Stories
Chivayo sued for $25 million, $40,000 monthly and three Rolls-Royces Sonja Madzikanda has taken the Zimbabwean businessman to the High Court in a dispute over their 2017 customary marriage. The claim is one of the largest matrimonial suits filed against a Zimbabwean business figure.
Ghana Airports terminates McKorley's McDan Aviation FBO licence at Kotoka Officials entered at 1am despite a standing court injunction. Daniel McKorley's aviation business is fighting back, and the dispute has escalated into a major legal and political confrontation.
117 CSOs petition Tinubu and the UN over Jimoh Ibrahim's appointment The coalition, including Yiaga Africa and Media Rights Agenda, cites a N69.4 billion debt judgment, unresolved criminal tax charges, and over N850 million in unpaid wages owed to former NICON Airways workers.
Wealth Moves
Adebutu's Wema Bank stake hits N314.6 billion as dividend payday arrives Premier Lotto founder Kessington Adebutu holds 11.87 billion Wema Bank shares now worth $224.7 million. He will also collect N14.84 billion in gross dividends after the lender posted record profit before tax of N222 billion in 2025.
BUA Cement reinstates 400 sacked drivers after Edo monarch mediates Rabiu's BUA Cement agreed to pay January-to-March salary arrears after the Okuokpellagbe of Okpella brokered the settlement — a resolution that came through traditional authority rather than labour courts.
East Africa
One Petroleum cleared to import petrol at three times the government rate in Kenya A subsidiary of Mombasa billionaire Mohammed Jaffer's Mbaraki Bulk Terminal was authorised to import 60 tonnes of petrol as Kenya's Iran war fuel crisis deepened.
9 companies owned by Ethiopian billionaire Belayneh Kindie From $111,000 in startup capital to a 22-company empire spanning agriculture, manufacturing, hospitality and transport — including East Africa's biggest edible oil refinery and electric buses rolling off the line for Addis Ababa's transit system.
April's Investor Memo, Deep-Dive Report and Exclusive Briefing are available for subscribers:
→ Investor Memo: South Africa's Fuel Reckoning
