Antoine Delaporte’s Adenia Partners looks to acquire Kenyan restaurant chain, Java House
Adenia Partners is an African-focused private equity firm.
Tunisian tycoon Abdelwaheb Ben Ayed has now lost $1.64 million since start of 2023
Ben Ayed owns a beneficial 3.4-percent stake in Poulina Group.
Algeria’s richest man Issad Rebrab has now lost $500 million so far in 2023
Rebrab is the founder of Cevital Group.
South African exec Mike Teke’s Seriti Resources to begin 155-MW wind farm construction
Seriti Resources Holdings is a leading coal company.
Here are Africa’s 19 billionaires according to Forbes’ latest billionaires list
While the number of African billionaires rose from 18 to 19, their collective wealth took a hit.
Tanzania’s leading entrepreneur Mo Dewji soars to top of Africa’s billionaires list
Dewji’s entrepreneurial journey began at a young age, and he has since built MeTL Group into a multi-billion-dollar empire.
Nigerian billionaire Mike Adenuga’s Conoil posts $13.5 million in profit in 2022
Conoil is a petroleum marketing firm.
Mining mogul Quinton van der Burgh’s QGC teams up with Marula to mine future metals
Van der Burgh is a wealthy South African mining magnate and serial entrepreneur.
James Mwangi’s Equity Group to receive $4.1 million for acquisition of Spire Bank
Equity Group is the largest financial services conglomerate in East Africa.
Zimbabwean mogul Zed Koudounaris loses $4.7 million as Axia Corp shares plummet
Koudounaris is a Zimbabwean businessman and serial investor.
Meet Cameroonian entrepreneur who raised $2.7 million in seed funding for his startup in 2022
Waspito is a Douala-based health social networking platform.
Nigerian billionaire heiress Bella Disu builds shopping mall in Lagos
Disu is the daughter of Nigerian billionaire Mike Adenuga.
Botswana billionaire Ramachandran Ottapathu’s Choppies makes move to acquire Kamoso Africa
Choppies Enterprises is a Gaborone-based supermarket chain.
Patrice Motsepe-backed TymeBank targets 28 million customers via partnership with TFG
TymeBank is partly owned by Motsepe’s African Rainbow Capital (ARC) Financial Services Holding.
Billionaire Black family seeks $50 million from wealthy families for diverse content production
The Steward family has a net worth of $5.7 billion.
Egyptian businessman Hisham Talaat Moustafa’s group pledges $167 million toward community development
Hisham Talaat Moustafa holds a 43.16-percent stake in the group.