Adrian Gore makes $147.4 million from stake in South African insurer
The value of his holdings has climbed by R2.57 billion ($147.37 million) since the start of the year, reflecting the stock's robust rally.
Waymo partners with British-Nigerian entrepreneur’s mobility startup for U.S. expansion
This collaboration marks a pivotal step in Moove’s U.S. market entry and is part of a broader strategy to build the world’s largest fleet.
Glencore, led by South African exec Nagle, targets Jamaican LNG acquisition
This underscores Glencore’s ambition to deepen its presence in strategic energy markets, further diversifying its expansive portfolio.
Hisham Talaat Moustafa’s TMG stake increases by $321 million, surpasses $1 billion
Hisham Talaat Moustafa’s stake, amounting to 890,566,601 shares, has gained EGP29.46 billion ($321.54 million) in market value since the beginning of the year.
Vista Equity leads $800 million LogicMonitor investment
This investment reinforces Vista’s commitment to LogicMonitor’s continued growth and innovation.
Ackerman family sees $50-million gain from Pick n Pay stake
Pick 'n Pay shares on the JSE have delivered a remarkable year-to-date return of 31.46 percent, enriching shareholders with substantial stakes in the company.
Femi Otedola leads Geregu Power to milestone as Nigeria’s most compliant listed company
Geregu Power, led by Femi Otedola, wins "Most Compliant Listed Company of the Year" award at the NGX Made of Africa Awards.
UBA targets Saudi Arabia for expansion by 2025
Pan-African bank eyes Middle Eastern growth as profits surge.
Stephen Saad’s Aspen stake drops $99.7 million in 2024
This downturn is driven by a sustained decline in the market value of his holdings in Aspen Pharmacare, Africa's largest pharmaceutical company.
Swazi billionaire Natie Kirsh's iconic properties in the UK and Australia
Kirsh's empire spans four continents, with key assets including Tower 42 in London and significant real estate holdings in Australia.
Amsons secures Government approval for Bamburi Cement acquisition
The green light from Kenyan authorities, coupled with unconditional approval from the COMESA Competition Commission, clears the regulatory path for Amsons' buyout bid.
Simbisa Brands to add 31 stores, exceeding 750 by fiscal year-end 2025
Simbisa Brands plans 31 new outlets and refurbishes 44 stores in 2025 to expand market share and enhance customer experience.
Ahmed Ezz’s Ezz Steel stake loses $280 million from currency devaluation
Ezz, who controls 66.4 percent of the Cairo-based steel giant—equivalent to 360,727,978 shares—has suffered a loss of $280.85 million in his stake since the start of the year.
Ashraf Sabry leads Fawry to new milestone with BNPL transactions surpassing $40 million
CEO Ashraf Sabry's leadership has driven Fawry to become Egypt's largest electronic payment network, with over 50,000 merchants adopting the BNPL service.
Meet Mpumi Madisa: First Black woman to lead a top-40 South African company
Her journey to the helm of Bidvest is a testament to resilience, ambition, and a commitment to excellence.
Lagos-based Greek tycoon makes $30 million from Flour Mills stake
John Coumantaros' 63% stake in Flour Mills gains $30 million YTD, fueled by strong financial performance and a buyout plan.