Egyptian billionaire Mohamed Mansour’s net worth skyrockets by $400 million
Mansour is the world’s 1,034th richest man.
Ghanaian businessman Daniel McKorley’s McDan Group procures shipping vessels and cargo planes
McKorley is a well-known businessman and the founder and CEO of the McDan Group of Companies.
Kenyan businessman John Kimani gains $1.6 million from Kakuzi shares
Kimani controls a 34.54-percent stake in Kakuzi.
South African billionaire Michiel Le Roux loses $104 million in 38 days from Capitec stake
Le Roux is a 73-year-old South African billionaire and co-founder of Capitec Bank.
Egyptian tycoon Hisham Talaat Moustafa’s group reaches milestone, garnering $72 million in profit
Moustafa’s stake in TMG Holding is worth $286.2 million.
Egyptian billionaire Yasseen Mansour’s Palm Hills closes $20.9 Million bond offering
Mansour holds a significant 5.22-percent stake in Palm Hills Developments.
South Africa’s richest man Johann Rupert has gained $1.69 billion so far this year
Rupert derives most of his wealth from his 9.14-percent stake in Richemont.
South African billionaire Raymond Ackerman and family lose $96 million as Pick ‘n Pay shares bleed on JSE
Ackerman and his family own a 25.53-percent stake in Pick ‘n Pay.
South African billionaire Laurie Dippenaar gains $16.8 million from FirstRand shares
Dippenaar owns 1.76 percent of FirstRand, or 98,726,988 shares.
Ethiopian entrepreneur Dawit Abraham sells board game to Cape Town-based gaming startup
Qene Games is a game development studio.
Morocco’s second-richest man Othman Benjelloun gains $100 million
Benjelloun derives most of his wealth from his investment in BMCE Group.
Christo Wiese-linked retailer Steinhoff plummets by over $38 million as shares hit record low
Wiese is a South African billionaire and retail tycoon.
Malagasy businessman Hassanein Hiridjee’s AXIAN Group launches 1.8 MW solar power plant
AXIAN Group is now recognized as Madagascar’s top energy producer.
South African businesswoman Noluthando Gosa suffers $4.2-million loss in 31 days
Gosa owns a 6.15-percent stake in ArcelorMittal South Africa.
Kenyan sugar mogul Jaswant Rai takes on Kakuzi’s dominance with entry into avocado farming
Rai ranks as one of Kenya’s richest businessmen.
Nigerian energy mogul Abdulwasiu Sowami’s Ardova to delist from NGX
Sowami owns 74.1 percent of the oil marketing firm’s issued shares.