5 companies owned by Black executive Robin Washington
As one of America’s leading executives, she navigates a strategic investment portfolio, leaving an indelible mark on companies like Salesforce, Alphabet, Honeywell, and more
Royal family of Morocco loses $119 million from stake in Attijariwafa Bank
Members of Morocco’s Alaouite royal family own a 46.5-percent stake in the financial services group through Societe Nationale d’Investissement.
Otedola becomes second Nigerian billionaire with stakes in two companies worth over 1 trillion naira
With his strategic investments and relentless pursuit of excellence, Otedola continues to make significant contributions to the Nigerian economy and beyond.
Black executive Anre Williams earns $18.24-million salary from American Express in 2022
For over three decades, Williams has exhibited remarkable dedication at American Express, dating back to 1990 when he joined the group.
Ugandan tycoon Patrick Bitature and Absa Bank clash over $13.6-million loan
The growing number of legal disputes surrounding Bitature has raised concerns about his financial standing.
South African tycoon Laurie Dippenaar rakes in $15 million in just 18 days
The $15.52-million bump in the market value of Dippenaar’s stake in FirstRand further cements his position as one of South Africa’s richest businessmen.
Startup led by Nairobi-based entrepreneur secures $5-million funding from UK gov’t
BasiGo has secured $5 million in debt funding from British International Investment.
Startup led by U.S.-based Nigerian entrepreneur to acquire Tosin Eniolorunda-backed PayDay
Bitmama, led by CEO Ruth Iselema, has reportedly extended an offer of $1 million in equity in the crypto company to Payday investors.
Nigerian energy tycoon Bryant Orjiako’s stake in Seplat surges by $30 million
Orjiako, a former director of the Lagos-based energy conglomerate, holds a 6.43-percent stake in Seplat Energy.
One of America’s richest Black CEOs, Craig Arnold makes $17 million from stake in Eaton
Arnold, who ranks as one of America’s leading executives, owns a beneficial 0.13-percent stake in the power management company, or 517,061 shares.
North Africa’s richest billionaire relocates family office to Abu Dhabi
Sawiris eyes Africa, the Middle East, and beyond with Abu Dhabi as the springboard.
Tanzanian multimillionaire Said Bakhresa set to invest $100 million in Malawi
Bakhresa’s planned investment holds immense significance in enhancing Malawi’s self-sufficiency in cooking oil production.
7 iconic assets the late South African businessman Eric Ellerine owned
Ellerine’s legacy extends beyond furniture retail, shaping the landscape of South Africa’s business and investment sectors.
Black executive Paul Richardson earns $5.5-million salary from Walt Disney in 2022
Richardson’s compensation package comprises a base salary of $0.76 million and a performance-based short-term incentive of $1.67 million.
Eric Ellerine, one of South Africa’s richest men, dies at 90
As one of the country’s wealthiest individuals, his passing marks the end of an era.
7 companies owned by multimillionaire Black tech executive Merline Saintil
From steering Fortune 500 giants to guiding space exploration at Rocket Lab, Merline Saintil’s influence extends to diverse ventures.