Africa’s richest man Aliko Dangote back among world’s top 100 billionaires
The majority of Dangote’s wealth is anchored in his 86-percent stake in Dangote Cement, Africa’s largest cement producer.
South African multimillionaire Barry Swartzberg loses $11 million in 29 days
Swartzberg owns a 3.92-percent stake in the Sandton-based financial services group.
Nigerian billionaire Abdul Samad Rabiu’s BUA Cement plans to reduce cement prices
Rabiu’s statement follows a strategic agreement between BUA Cement Plc and Sinoma International Engineering Co., Ltd.
Kenyan billionaire heiress Mary-Ann Musangi exits Sidian Bank
Mary-Ann Musangi, the daughter of the late billionaire businessman Chris Kirubi, has been a pivotal figure in Sidian Bank’s leadership for eight years.
Nigeria’s richest pastor David Oyedepo to lose private jet hangar
Oyedepo, known as Nigeria’s wealthiest preacher and founder of Living Faith World Outreach Ministry, one of Africa’s largest congregations.
Meet Coco Gauff: A 19-year-old star among the world’s highest-paid athletes
Gauff, a 19-year-old sensation from Delray Beach, Florida, is making waves in the tennis world and rewriting the financial record books.
Billionaire Oprah Winfrey and Dwayne Johnson launch fund for Maui wildfire victims
Oprah and actor Dwayne Johnson have unveiled the People’s Fund of Maui to aid individuals impacted by the wildfires on the Hawaiian island.
Nigerian multimillionaire Ladi Jadesimi pockets $470,000 Aradel Holdings dividend
Jadesimi, who is the founder of Lagos-based LADOL, owns a 4.7-percent stake in Aradel Holdings, an oil-producing company.
South African banker Arno Daehnke earns $2.3-million salary from Standard Bank
Daehnke’s career spans over two decades, and he has played diverse roles within Standard Bank Group since joining in 2001.
Egyptian business mogul Hassan Allam’s company to invest in Uzbekistan
Hassan Allam Holding boasts an impeccable reputation in the engineering, procurement, construction, building materials, and utilities industries.
Nigerian banker Atedo Peterside’s Stanbic IBTC stake dips by $1 million
Peterside owns a 1.14-percent stake in Stanbic IBTC, which translates to 133,611,115 ordinary shares in the group.
NBA star Giannis Antetokounmpo invests in Tiger Woods-backed Golf League
In June, Antetokounmpo launched his investment holding company, Ante, Inc., as a hub for various business endeavors.
Aga Khan IV’s stake in Nairobi-based insurer slumps by $3 million
Shah Karim al-Husayni, also known as Aga Khan IV, is best known for founding Nation Media Group, East Africa’s largest independent media organization.
South African billionaire Stephen Saad’s Aspen partners with Eli Lilly to expand medical access
Aspen Pharmacare, founded by Saad in 1997, has steadily fortified its global presence in the pharmaceutical sector for over two decades.
Greek tycoon John Coumantaros’ Flour Mills achieves over $2 billion in revenue
Coumantaros owns a controlling 63.34-percent stake in Flour Mills of Nigeria Plc through his entity Excelsior Shipping Company.
Whitey Basson: South African tycoon who turned Shoprite into a retail giant
Basson’s tenure at the helm of Shoprite marked a remarkable era that redefined the retail landscape through innovative strategies.