South African tycoon Jannie Mouton makes $95 million in 22 days from Capitec stake
Mouton is renowned for co-founding Capitec Bank with Michiel Le Roux, and Riaan Stassen.
Ethiopia’s richest man Mohammed Al-Amoudi secures spot among world’s 300 richest individuals
Apart from his stake in Preem, Al-Amoudi maintains shares in Midroc Gold, Svenska Petroleum Exploration, Samir, and Okote Gold.
Egyptian businessman Hani Berzi gains $28.17 million in 20 days from Edita stake
Berzi, who founded Edita Food Industries in 1996 owns a significant 41.95-percent stake in the leading packaged food manufacturer.
Moroccan tycoon Anas Sefrioui’s stake in Casablanca-based firm gains $56 million
Sefrioui, the visionary founder of the Casablanca-based real estate group and one of Morocco’s most affluent individuals, owns a majority 64.1-percent stake in ADH.
7 businesses owned by South African business executive Philisiwe Sibiya
From Shingai Group to the transformative initiatives of the Shingai Foundation, each venture reflects Sibiya’s commitment to excellence and positive change.
Phuthi Mahanyele-Dabengwa: South African businesswoman leading Naspers’ $4-billion SA unit
From her roots as a determined 17-year-old to becoming a global business icon, Mahanyele-Dabengwa’s story is a testament to resilience and visionary leadership.
Egyptian billionaire Ahmed El Sewedy’s electric firm lands $300-million funding
Elsewedy Electric is a leading multinational cable and electrical equipment manufacturer majority owned by the Egyptian billionaire El-Sewedy family.
Nigerian banker Herbert Wigwe gains $4.6 million from Access Bank shares
Wigwe, who serves as the group managing director and CEO of Access Holdings, holds a substantial 9.09-percent stake in the leading financial services provider.
Nigerian mogul Wale Tinubu’s Oando secures $800-million deal for strategic oil assets acquisition
This strategic move is set to play a pivotal role in the acquisition of a 20-percent participating interest in the Nigerian Agip Oil Company.
South Africa’s second-richest man rakes in $520 million in just 15 days
With a staggering fortune of $9 billion, Oppenheimer claims the 245th spot on the global list of the wealthiest individuals.
South African banker Laurie Dippenaar gains $37 million from FirstRand shares
Dippenaar’s journey to financial success began in 1977 when he co-founded Rand Consolidated Investing alongside partners GT Ferreira and Paul Harris.
Egyptian tycoon Medhat Khalil gains $11.7 million from investment in Raya Holding
Khalil owns a majority stake of 58.1 percent in Raya Holding, holding a total of 1,245,661,205 shares.
South African tycoon Johan Burger scores $2.6 million gain from FirstRand stake
Burger owns a minority 0.11-percent stake, equivalent to 6,000,000 ordinary shares, in FirstRand.
Egyptian billionaire-led construction giant to invest $200 million in projects across Tanzania, Ghana, and beyond
The agreement was signed by Mohy Eldin Abdin, group CFO of Hassan Allam Group, and Kanayo Awani, executive vice president of Intra-African Trade Bank at Afreximbank.
6 companies linked to U.S. top Black executive Mary Winston
Recognized among the “100 Most Influential People in Finance, her legacy unfolds alongside industry pioneers like Ursula Burns.
5 companies owned by South African billionaire Stephen Saad
Beyond Aspen Pharmacare, Saad’s influence extends to a diverse array of companies, each representing a facet of his entrepreneurial prowess.