African Wealth Briefing — Wed., July 1, 2026
Aliko Dangote takes his empire to Tanzania with a 2,000-MW power-and-fertiliser plan. Cameroon's richest man bets nearly his whole fortune on an airline.
Johann Rupert's Remgro officially takes full control of Mediclinic Southern Africa in $947 million deal
Johann Rupert's Remgro has paid $947 million to take full control of Mediclinic's Southern Africa operations after the Competition Tribunal and all other regulators gave their approval.
African Wealth Briefing — Tues., June 30, 2026
South Africa has a new dollar billionaire in Dis-Chem founder Ivan Saltzman. Papa Kwesi Nduom bids for Standard Chartered's Ghana retail arm.
Cameroon's richest man Baba Ahmadou Danpullo bets $850 million on new airline
Cameroonian billionaire Baba Ahmadou Danpullo is investing 500 billion FCFA, nearly his entire fortune, to launch a private airline and build two new airports in Cameroon.
South Africa has a new dollar billionaire and it is Dis-Chem founder Ivan Saltzman
The Saltzman family has been ranked by the Bloomberg Billionaires Index for the first time with a $1.3 billion fortune built from a single Johannesburg pharmacy.
South African billionaire Ivan Saltzman built Dis-Chem into a $1.7 billion empire but Bloomberg says the succession test is only beginning
Ivan Saltzman built Dis-Chem from a single Johannesburg pharmacy in 1978 into a $1.7 billion healthcare chain and now faces his hardest task: handing it over.
Ghanaian multimillionaire Papa Kwesi Nduom wants to buy Standard Chartered's local retail business
Papa Kwesi Nduom's Groupe Nduom is exploring the acquisition of Standard Chartered Bank Ghana's retail banking business and wants an indigenous Ghanaian company to win the deal.
Africa's richest man is weighing major new investments in Tanzania
Tanzania has directed government ministries to begin technical discussions with Aliko Dangote on investments in fertiliser production, energy and transport infrastructure after President Samia's meeting with Africa's richest man.
Texas judge dismisses all Roc Nation lawsuits in Jay-Z Buzbee war
A Texas judge has dismissed all claims against Jay-Z's Roc Nation in lawsuits filed by attorney Tony Buzbee's former clients, handing the billionaire rapper a major legal win.
African Wealth Briefing — Mon., June 29, 2026
A take-private bid awaiting its answer, a refinery inching toward the largest listing in African history, and a rescue under pressure. Here's what we're watching.
African Wealth Briefing — Sun., June 28, 2026
The week the league table got loud — Dangote versus Forbes, a take-private bid from Nassef Sawiris, and Africa named the world's fastest-growing wealth region.
Madagascar billionaire Hassanein Hiridjee's Axian Energy secures $60 million loan from MCB to expand renewable energy across Africa
Hassanein Hiridjee's Axian Energy has secured a $60 million loan from MCB Group to fund its renewable energy expansion across multiple African markets.
Byron Allen's Freestyle Digital Media acquires mystery thriller The Third Degree for July release on major streaming platforms
Byron Allen's Freestyle Digital Media has acquired VOD rights to mystery thriller The Third Degree for release across North American digital platforms on July 10, 2026.
African Wealth Briefing — Fri., June 26, 2026
Nassef Sawiris moves to take OCI Global private in an all-cash bid. Femi Otedola's First HoldCo stake crosses $420 million.
Egyptian billionaire Naguib Sawiris met Syria's president in Damascus to resolve investments he lost under the Assad regime
Egyptian billionaire Naguib Sawiris has met Syria's new president in Damascus as he seeks to resolve outstanding financial claims in the country.
Billionaire Vimal Shah's seed company just beat Kenya's tax authority in a $1.7 million dispute
The Kenya Revenue Authority has lost a Sh221 million tax dispute against a seed company linked to Kenyan billionaire Vimal Shah and a former Central Bank of Kenya official.