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Good morning from Billionaires.Africa.
Here is a brief on what we published yesterday.
Strive Masiyiwa's Econet InfraCo unveiled plans for a luxury Victoria Falls resort — 40 villas, premium amenities, and a 10-bed private hospital — with Masiyiwa himself playing an advisory role in the concept and expected to be among the property owners. The company said it has already seen interest from local and diaspora Zimbabwean investors, and that construction should begin before the end of the year. It is the second major announcement from Econet InfraCo, after the Econet Tech City project near Harare.
We also introduced readers to Olakunle Williams, the low-profile founder of Tetracore Energy Group, who has built a business approaching or exceeding the billion-dollar mark in just five years. And in Kenya, Mary Ann Musangi and her brother Robert Kirubi's Haco Industries is taking its consumer goods business into Ghana through a joint venture with an undisclosed local partner — a lean expansion model that avoids the cost of building new factories.
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Masiyiwa's Econet InfraCo plans luxury Victoria Falls resort with 40 villas and private hospital Vic Falls Lifestyle is the second major development announced by Econet InfraCo after Econet Tech City, a planned 800-hectare industrial and technology hub near Harare expected to host 300 businesses. Land has been secured and construction is scheduled to begin before year-end.
Meet Olakunle Williams: The silent billionaire reshaping Africa's gas and energy sector The Tetracore Energy Group founder has built a business now reaching several hundred million dollars and, by some estimates, into the billion-dollar range within five years. Operations include compressed natural gas in Ghana, a planned gas-to-liquids and ammonia-urea facility, the Atakabo Independent Power Plant with an 80km distribution network, and a data centre project co-located with power generation in Ogun State.
East Africa
Mary Ann Musangi's Haco Industries to launch in Ghana by end of April The Kenyan consumer goods maker, owned by Mary Ann Musangi and her brother Robert Kirubi, will enter Ghana through a joint venture that handles production and distribution while Haco supplies Kenya-manufactured raw materials. Next phases target Nigeria and Senegal. Brands include Amara, Miadi, So Soft, Sparkle and Ace, alongside Mattel toy lines.
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