Kenyan tycoon John Kimani faces $1.92 million loss on Kakuzi shares
Beyond Kakuzi, he holds a 5.21 percent stake in Centum Investments and 3.86 percent in Nation Media Group, spreading his bets across multiple sectors.
Magic Johnson’s fortune soars: Net worth jumps $200 million to hit $1.6 billion
This marks a staggering $400 million increase over the past year, driven by a diverse investment portfolio spanning sports, insurance, and consumer-facing businesses.
South African executive Neal Froneman steps down as Sibanye-Stillwater CEO after 12 years
His departure marks the end of a transformative chapter for the multinational mining group.
Egypt’s Ashraf Sabry leads Fawry’s bold move to revolutionize digital payments in MENA
This reflects its commitment to accelerating digital transformation and making financial transactions seamless.
Junior Bridgeman joins the ranks of U.S. Black billionaires with $1.4 billion fortune
He stands alongside Michael Jordan, Magic Johnson, and LeBron James as one of the few NBA players to amass a billion-dollar fortune.
South African billionaire Jannie Mouton’s Capitec Bank stake nears $1 billion
A recent surge in the leading retail bank’s share price has pushed his holdings close to the $1 billion mark.
Nigerian billionaire Femi Otedola's FBN rebrands to First HoldCo Plc as assets surpass $17 billion
The rebranding reflects a future-focused vision built on a legacy of trust, resilience, innovation, and exceptional service.
Natie Kirsh, Eswatini’s richest man, nears $10 billion after $521 million gain this year
His wealth has now climbed from $9.3 billion to $9.85 billion, adding to the $1.77 billion he gained in 2024.
10 richest businessmen in Botswana in 2025
Botswana is home to a small but powerful group of multimillionaires whose influence extends far beyond their personal fortunes.
Diddy sues NBCUniversal, Peacock for $100 million over explosive ‘Bad Boy’ documentary
The lawsuit states that the filmmakers acted with “reckless disregard” for the truth, choosing sensationalism over facts.
South Africa’s Ackerman family gains $14.25 million as Pick n Pay shares rebound
In just nine days, the family’s stake gained R263.07 million ($14.25 million), clawing back some of last year’s losses.
Africa’s largest asset manager buys additional stake worth $67 million in Stephen Saad’s Aspen Pharmacare
With this latest transaction, PIC’s stake in Aspen is now worth nearly a billion dollars—R15.2 billion ($824.24 million).
Two years after Funke Opeke’s MainOne deal, Equinix unveils $1 billion data center in Saudi Arabia
The announcement was made at the LEAP 2025 tech conference in Riyadh, which brought together participants from 18 countries.
Egyptian multimillionaire Ghabbour family’s stake in GB Corp falls by $19.65 million
The Ghabbour family holds a 63.4 percent controlling stake in GB Corp., equivalent to 688.2 million shares.
Africa’s richest man, Aliko Dangote’s net worth grows by $201 million in 24 hours
With this latest boost, his year-to-date loss has narrowed to $461 million.
Sanlam, backed by Patrice Motsepe, partners with Fedhealth to expand affordable healthcare in South Africa
Sanlam partners with Fedhealth to provide integrated healthcare, insurance, and investment solutions, expanding affordable healthcare access to South Africans.