Meet Dawit Abraham: Ethiopian entrepreneur revolutionizing African gaming industry
His journey as an Ethiopian entrepreneur is a story of hard work, innovation, and a passion for creating world-class products.
Egyptian mogul Khaled Mahmoud’s MM Group records $12 million in profit in 2022
Mahmoud owns a significant 10.13-percent stake valued at nearly $13 million.
Nigerian entrepreneur Ikenna Nzewi is disrupting Africa’s food industry
Nzewi has seen incredible success in transforming the sale of high-quality raw materials to food factories in Africa.
Anas Sefrioui’s ADH rebounds strongly as profits surpass $3.6 million in 2022
Sefrioui owns a controlling 64.1-percent stake in Douja Promotion Groupe Addoha.
Botswana-based businessman Jonathan Gibson fortune skyrockets by $3.3 million
Gibson owns a 35.6-percent stake in Chobe Holdings, a Gaborone-based tourism firm listed on the Botswana Stock Exchange.
Vista Equity, owned by America’s richest Black person Robert F. Smith, seals $2.6 billion acquisition of Duck Creek
Vista Equity Partners was founded by America’s richest Black billionaire Robert Smith in 2000
Egyptian tycoon Hassan Allam’s firm bags construction contract for Rosewood Amaala project in Saudi Arabia
With a construction backlog of $2.8 billion, Hassan Allam Holding has established itself as a key player in the construction industry.
Orascom Construction, led by Sawiris family, achieves major milestone in Egypt as part of consortium
Orascom Construction is 51.8 percent owned by the Sawiris family.
Equity Bank battles Kenyan tycoon Paul Ndung’u over $4.5-million loan
Ndung’u is one of Kenya’s richest men.
Shoprite, linked to billionaire Christo Wiese, launches first apparel store in South Africa
Shoprite Holdings is Africa’s largest supermarket group.
Nigerian pharma tycoon Fidelis Ayebae’s Fidson smashes expectations with $9.08-million profit
Fidson Healthcare has established itself as a leading player in the Nigerian and West African pharmaceutical industries.
Contractor drags Nigerian billionaire Mike Adenuga’s firm to court over alleged $775,000 debt
This follows allegations made against Conoil in March 2022 by a group of local oil contractors.
OneTech share dip costs Tunisian businessman Moncef Sellami $2.6 million
Sellami holds a significant 25.4-percent stake in the Tunis-based semiconductor supplier.
Egyptian businessman Hani Berzi’s Edita posts $17.1 million in profit in 2022
Berzi owns a 41.95-percent stake in the packaged food manufacturer.
Ghanaian Shipping tycoon Daniel McKorley’s salt company fingered in electricity theft
Electrochem Ghana Limited is a subsidiary of McKorley’s McDan Group.
Tony Elumelu’s Transcorp delivers big returns: Shareholders to receive $4.41-million dividend payout
Elumelu holds a total of 840,632,956 ordinary shares in Transcorp.