Naguib Sawiris’ Orascom Investment, BluEV join forces to revolutionize global transport industry
Sawiris emphasized that the partnership provides a viable solution to transform the transport sector in Egypt and the region.
Nigerian billionaire Femi Otedola opens up on Transcorp saga, Elumelu relationship
Nigerian billionaire Femi Otedola has opened up on the Trasncorp saga and his relationship with Tony Elumelu.
Ken Sharpe’s WestProp unveils training program after raising $3.3 million
Sharpe has established himself as a key figure in Zimbabwe’s real estate sector, thanks to his success as a dominant player in the market.
Washikala Malango: From refugee to visionary entrepreneur transforming energy in DRC
Under Washikala Malango’s leadership, Altech Group has emerged as the DRC’s leading provider of clean energy products and services.
JPMorgan acquires additional stake in Christo Wiese-linked retailer, Shoprite
Wiese, a South African billionaire who played a key role in the growth of Shoprite, has an 11.63-percent stake in the group.
Abdirashid Duale’s Dahabshiil expresses concern over conflict in Sudan
The Duale-led group is concerned about the situation in Sudan and how it might affect its clients and customers.
Jay-Z dominates wealth race with $1.3-billion net worth surge in 2023
With the latest $1.3 billion bump in his net worth, Jay-Z has joined the ranks of billionaires worth over $2.5 billion.
Piet Mouton’s stake in Capitec yields $10 million in dividends amid robust growth
Capitec Bank was founded more than 20 years ago by Michiel Le Roux, Riaan Stassen, and Piet Mouton’s father, Jannie Mouton.
Ten companies owned by Aliko Dangote that you’ve never heard of
Dangote owns several valuable, privately-held, unquoted companies that add hundreds of millions of dollars to his wealth.
Zimbabwean tycoon Paddy Zhanda’s wealth surges by $10 million in 2023
Zhanda owns an 8.08-percent beneficial stake in Masimba Holdings.
Aliko Dangote’s cement company pays over $80 million in income taxes in Q1 2023
The Dangote-led cement behemoth sold 6.27 million metric tonnes of cement in Q1 2023.
South African Ackerman family to receive $9.57 million in dividends from Pick ‘n Pay
The Ackerman family is one of the richest families in South Africa.
Hisham Talaat Moustafa, one of Egypt’s richest men, rakes in $20 million in 48 days
With a 43.16-percent stake in TMG, Moustafa ranks among the richest investors on the Egyptian Exchange.
Egyptian tycoon Mostafa Kandil’s SWVL faces compliance issues with Nasdaq
SWVL Holdings Corp is a global provider of tech-enabled mass transit solutions.
Bank linked to Tanzanian billionaire brothers secures operating license in DRC
Aunali and Sajjad Rajabali own a combined 2.6-percent stake in CRDB Bank.
Kenyan entrepreneur Peter Njonjo’s firm acquires majority stake in Maisha MFB
Cactus Cantina is a wholly owned subsidiary of Shara Inc.