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Gideon Muriuki, CEO of Co‑operative Bank of Kenya, has boosted his personal stake in the lender by acquiring an additional 12 million shares valued at KSh 202.8 million (approximately US $1.57 million) — raising his stake from 2% to 2.2%.
The 19-story tower, completed this month, is the first phase of the sprawling Pearl Business Park, a multi-billion-dollar development that aims to create a mixed-use enclave featuring office spaces, retail outlets, health facilities, and leisure amenities.
Etu Energias plans to drill at least three development wells, probe one exploration location and carry out five work overs in existing wells.
With this license, Flutterwave is positioned to help businesses in Senegal scale by offering its full range of seamless digital payment services.
Murtala Laushi has quietly turned Malcomines into one of Nigeria’s largest mining empires, extracting everything from iron ore to rare earths while creating thousands of jobs.
Bame Pule is the founder of Africa Lighthouse Capital (ALC) which has a diverse investment portfolio in sectors such as insurance brokerage, pension fund administration, funeral insurance, healthcare, and consumer credit.
Indimi, who holds nearly 13.1 billion shares—equal to a 29.36 percent stake, is the largest shareholder in Jaiz Bank, the first Islamic bank in Nigeria.
Sudan's richest family, the Elnefeidis, is seeking a $19 million facility from the International Finance Corporation to support wheat imports for its Cameroon business.
Launched in Africa in 2022, Starlink has rapidly expanded its footprint, with Elon Musk emphasizing the company’s commitment to operating wherever legally permitted.
This follows a $9.63 million loss he recorded between May 7 and 16, when his holding fell from $55.13 million to $45.50 million.
Kenneth Frazier, a top figure among America’s top Black executives, owns a 0.028-percent stake in Merck & Co., equivalent to 705,220 shares.
This follows a $14 million loss recorded between April 30 and May 14, when his stake dropped from R10.49 billion ($571.56 million) to R10.24 billion ($557.54 million).
Stephen Brookes, a South African real estate magnate, remains the company’s largest shareholder, holding a 36.08 percent stake.
This follows a gain of $32.2 million recorded between April 23 and May 1, when his stake increased from $654.18 million to $686.41 million.
Glencore’s legal troubles are wide-ranging. In May 2022, the company settled investigations in the U.S., U.K., and Brazil for $1.5 billion, with $1.06 billion going to U.S. and Brazilian authorities.
Year-to-date, Sawiris’ wealth has increased by $667 million, driven by the performance of his stakes in Dutch fertilizer giant OCI N.V. and German sportswear giant Adidas.
