Kenyan banker James Mwangi’s Equity Group receives approval to acquire Spire Bank
Mwangi owns 3.38 percent of the financial services group.
Tunisian tycoon Abdelwaheb Ben Ayed’s Poulina Group surpasses $1.2 billion in revenue in 2022
Poulina Group is a Tunis-based conglomerate.
Meet Cameroonian entrepreneur who raised $2.7 million in seed funding for his startup in 2022
Waspito is a Douala-based health social networking platform.
Three assets that make Rihanna America’s youngest self-made billionaire
Rihanna’s success can be attributed to her flourishing cosmetics line, Fenty Beauty, her music career, and Savage X Fenty.
Disgraced South African Mogul Markus Jooste to face trial in Germany in April
Nearly two weeks ago, Jooste was served two fines totaling $882,000.
Nigerian billionaire heiress Bella Disu builds shopping mall in Lagos
Disu is the daughter of Nigerian billionaire Mike Adenuga.
U.S. billionaire Jeff Bezos’ cloud business AWS launches new Local Zones location in Lagos
AWS is a subsidiary of Amazon.com, Inc.
Botswana billionaire Ramachandran Ottapathu’s Choppies makes move to acquire Kamoso Africa
Choppies Enterprises is a Gaborone-based supermarket chain.
Zimbabwe’s richest man Strive Masiyiwa gains $700 million in 27 days
Masiyiwa owns 52.85 percent of Econet Zimbabwe.
Nigerian billionaire Femi Otedola’s Geregu Power surpasses $800-million market cap on NGX
Geregu Power is a power-generating company.
Patrice Motsepe-backed TymeBank targets 28 million customers via partnership with TFG
TymeBank is partly owned by Motsepe’s African Rainbow Capital (ARC) Financial Services Holding.
Egyptian billionaire Yasseen Mansour’s Palm Hills set to cut capital by $4 million
Mansour holds a significant 5.22-percent stake in Palm Hills Developments.
Egypt’s richest man Nassef Sawiris’ stake in English club side Aston Villa now worth $134 million
Sawiris is one of the riches football club owners in Europe.
Nigerian billionaire Mike Adenuga has now gained $600 million so far in 2023
Adenuga owns a 74.4-percent stake in Conoil.
Cape Town-based entrepreneur Cordel Robbin-Coker’s gaming startup raises $27 million
Carry1st is a South African mobile gaming startup.
Billionaire Black family seeks $50 million from wealthy families for diverse content production
The Steward family has a net worth of $5.7 billion.