Kenyan banking magnate Gideon Muriuki gains $1.4 million in six months
Muriuki derives the majority of his wealth from his two-percent stake in Co-operative Bank Group.
Nigerian VC Kola Aina exceeds fundraising goal, leads firm to close fund at $46 million
Aina is a key player in the African venture capital space.
Ghanaian entrepreneur Gregory Rockson’s mPharma to expand footprint with $43-million investment
mPharma manages pharmaceutical inventories for African mom-and-pop pharmacies.
Egyptian entrepreneur Gohar Said’s Suplyd closes $1.6-million funding round
Suplyd was founded to address the challenges faced by HORECA industry in MENA.
Led by South African tycoon Shameel Joosub, Vodacom completes Vodafone Egypt acquisition
Joosub said the deal represents an important milestone for Vodacom Group.
Nigerian energy magnate Igho Sanomi receives maiden Golden Heart Award from GIPLC
Sanomi is known for his humanitarian efforts.
Kenyan mogul Baloobhai Patel to restructure holdings in NSE-listed companies
The successful businessman also has stakes in Williamson Tea Kenya, Diamond Trust Bank Group, and Safaricom.
Led by Egyptian exec Pakinam Kafafi, TAQA Arabia signs MoU to develop green hydrogen plant
Kafafi, who was named one of Egypt’s top 50 influential women in 2016, made significant contributions to TAQA’s growth.
Kenyan Revenue Authority reopens Humphrey Kariuki’s firm, Africa Spirits
Kariuki is the founder of Janus Continental Group.
Nigerian billionaire Abdul Samad Rabiu’s net worth surges to record high of $7.3 billion
The surge solidifies his position as Nigeria’s second-richest man.
Saudi entrepreneur Salman Al-Suhaibaney’s Morni signs deal to invest $10 million in Egypt
Morni Holding is a Saudi Arabia-based mobility solutions platform.
Nairobi-based businesswoman Bente Krogmann’s mTek, Britam collaborate to protect SMEs from risk
mTek operates as a digital online insurance platform.
Egypt’s richest man Nassef Sawiris gains $580 million as net worth surpasses $7.2 billion
The Egyptian billionaire derives most of his wealth from his investments in OCI N.V. and Adidas.
South African billionaire Johann Rupert’s net worth nears $11 billion
Rupert’s net worth has risen from $8.5 billion on Nov. 3 to $10.8 billion at the time of writing.
Retail tycoon Ramachandran Ottapathu’s Choppies lays off 826 workers in Botswana in 2022
Choppies Enterprises is Botswana’s largest retail chain.
Nigerian banker Herbert Wigwe’s Access Holdings set to launch new European unit
Wigwe owns a 4.51-percent stake in the financial services group.