7 assets owned by Nigerian multimillionaire Ernest Azudialu-Obiejesi
Azudialu-Obiejesi is a towering figure in the nation’s energy landscape.
Mauritian Espitalier-Noel family suffers $9-million loss from ENL stake
With their stake now worth more than $45 million, the affluent Mauritian Espitalier-Noel family ranks among the richest families in Mauritius.
5 wealthy supermarket and retail chain owners in Africa
Their prowess has not only caught the attention of Western retailers seeking new avenues for growth but has also steered the course of Africa’s retail evolution.
Hitesh Anadkat, one of Malawi’s richest men, rakes in $170 million from FMB Capital stake
Anadkat holds an impressive 35.51-percent stake in FMB Capital, or 872,924,575 ordinary shares.
5 companies linked to South African tycoon Jens Montanana
As Datatec’s pioneering founder and CEO, Montanana’s indelible impact in the tech realm reverberates globally.
Aga Khan IV gains nearly $8 million from shares in Nairobi-based insurer
Aside from his interest in Jubilee Holdings, Aga Khan IV, also known as Mawlana Hazar Imam, owns a 48.67-percent stake in Nation Media Group.
Tunisian tycoon Habib Essayeh’s Euro-Cycles shares slump by $10 million
Essayeh owns a 33.6-percent stake in Euro-Cycles, a Tunisian automotive company specializing in the production of customized bicycles and cycles exclusively for export.
Zimbabwean tycoon John Moxon faces $130-million loss in 55 days
Moxon owns a 10.8-percent stake in Meikles, or 27,933,226 shares.
Billionaire Michael Lee-Chin-linked fund faces stunning $7-million loss
Lee-Chin is the founder of Portland Private Equity, the private equity fund company in charge of Portland JSX Limited.
5 companies linked to Egyptian businesswoman Hend El-Sherbini
Billionaires.Africa has identified and cataloged various companies and holdings linked to El-Sherbini.
South African billionaire Nicky Oppenheimer hit by $120-million loss in 5 days
Despite the decrease in net worth, Oppenheimer’s fortune of $9.28 billion makes him the 235th richest man globally.
Adidas rakes in $440 million in sales from Kanye West’s Yeezy sneakers
This marks the first release of the Yeezy sneakers following the termination of Adidas’ collaboration with West in October 2022.
Meet Clifton R. Wharton, Jr.: First Black CEO of a Fortune 500 company
Wharton, Jr.’s story is an extraordinary tale of a man who refused to be limited by the societal constraints of his time.
Johann Rupert’s wealth slump could shake Africa’s richest ranking
The decline in Rupert’s fortune and the surge in Nigerian billionaire Aliko Dangote’s net worth set the stage for a potential shift in the rankings of Africa’s richest individuals.
Kenyan tycoon Edward Kirathe’s property firm to raise $10.5 million from investors
Established in 2001 by Kirathe, Acorn Holdings Africa has completed over 65 projects during its two-decade tenure.
5 richest bankers in Nigeria
Billionaires.Africa has identified and ranked the five richest bankers who have redefined the Nigerian financial landscape.