Egyptian businessman Hani Berzi’s Edita to pay out $9.7 million in dividends
Berzi owns a significant stake of 41.95 percent in Edita Food Industries through Quantum Invest BV.
Billionaire Royal Family of Morocco gains $242 million from Attijariwafa Bank
Through Al Mada, his royal family office, King Mohammed VI of Morocco lays claim to the largest fortune by any Moroccan on the Casablanca Stock Exchange.
Egypt’s second-richest man Naguib Sawiris targets $7-billion Reko Diq mine
With a net worth of $5.61 billion, Sawiris ranks as Egypt’s second-richest individual.
Patrice Motsepe and Johann Rupert unite to elevate Boland Rugby’s prospects
Motsepe and Rupert, the majority shareholders of the Pretoria-based Blue Bulls Company, recently acquired a 74-percent stake in Boland Rugby Union.
4 businesses owned by Ludacris
Champaign, Illinois-born rapper Ludacris owns a record label, a highly-rated restaurant, and a cognac brand among other things.
Beyonce earned $145 million from Renaissance Tour during the Summer — Forbes
Beyonce smiled to the bank as her Renaissance Tour grossed $460 million during the summer, and earned her $145 million.
5 companies linked to South African businessman Nkululeko Sowazi
With his extensive knowledge and strong leadership, Sowazi has solidified his position as a prominent figure in the business world.
5 companies owned by Timbaland
Timbaland’s business ventures reflect his genius, both within and beyond the music industry.
Africa’s richest man Aliko Dangote’s sugar firm to boost production to 1.5 million tonnes
Dangote Sugar Refinery currently boasts a refining capacity of 1.44 million metric tonnes, making it Nigeria’s largest household and commercial sugar producer.
South African billionaire Christo Wiese sells Shoprite shares worth $49.4 million
Wiese, through Titan Fincap, a subsidiary controlled by his investment vehicle, Titan Premier Investments, sold 3.83 million ordinary shares in Shoprite.
4 businesses owned by Lizzo
Lizzo owns Yitty, a shapewear brand as a record label, touring company and a stake in Hydrow, a maker of at-home rowing machines.
South African tycoon Zak Calisto’s Karooooo abandons second-hand vehicles business
Karooooo, which Calisto controls, owns Carzuka, a leading digital marketplace for used vehicles.
South African billionaire Michiel Le Roux loses $55 million in just 4 days
Le Roux owns an 11.39-percent stake in Capitec Bank.
Nigerian billionaire Abdul Samad Rabiu donates $2.5 million to reconstruct mosque
Rabiu, Nigeria’s second richest man, is a devoted muslim and one of Africa’s most generous philanthropists.
Botswana tycoon Farouk Ismail gains $3 million from Choppies stake
This surge has solidified Farouk Ismail’s standing as one of Botswana’s most affluent businessmen.
5 businesses owned by Akon
Akon owns a record label, clothing line and a cryptocurrency project among other ventures.