Billionaire Christo Wiese's Shoprite just blew past its store opening target
Shoprite has exceeded its full-year store opening target with a month to go, boosting the value of Christo Wiese's $1.2 billion stake in the retailer.
Nigerian billionaire Femi Otedola completes London Business School programme
Nigerian billionaire Femi Otedola, who dropped out of high school at 17 without completing his A-Levels, has completed an executive programme at London Business School at 63.
Kenyan banker James Mwangi gains $8 million in four months on Equity Group stake
James Mwangi's 127.8 million Equity Group shares are now worth $75 million, up $8 million since Billionaires.Africa ranked him fourth on the NSE rich list in February.
Kenyan businesswoman Mary Wambui has days to pay $775,000 or lose her $73.6 million hotel
Kenya's High Court has ordered billionaire Mary Wambui to deposit KES 100 million ($775,000) within seven days or Equity Bank will auction her KES 9.5 billion Glee Hotel.
Elon Musk becomes the world's first trillionaire as SpaceX begins trading
Elon Musk has become the world's first trillionaire as SpaceX begins trading on the Nasdaq at $135 per share in the largest IPO in history.
Ahmed Abou Hashima bet $1 billion on Egyptian steel at 35 and became one of Egypt's most powerful industrialists
Ahmed Abou Hashima invested over $1 billion at 35 to build Egyptian Steel and has since expanded into cement, media, agriculture, solar energy and banking.
This Nigerian family built an £8 million business importing Lagos-brewed Guinness into Britain
A Nigerian family in Croydon has quietly held Britain's exclusive Nigerian Guinness import licence since 1998 and built a business worth up to £8 million.
Byron Allen's CBS show drew 628,000 viewers after Colbert averaged 2.69 million and he says CBS still won
Byron Allen's Comics Unleashed drew 628,000 viewers on CBS on June 1, down 65% from Stephen Colbert's average, but Allen says he is not fazed.
Los Angeles' richest man is South African-born doctor with a $16.6 billion fortune
South African-born billionaire Patrick Soon-Shiong has a net worth of $16.6 billion, making him the richest person in Los Angeles and one of the wealthiest South African-born individuals in the world.
Anthony Joshua refuses to rule out MMA switch ahead of Tyson Fury fight
Anthony Joshua has refused to rule out an MMA switch as he prepares for his upcoming fight against Tyson Fury, saying he is open to exploring multiple options in combat sports.
Nigerian billionaire Jim Ovia bets on Lagos luxury real estate after stepping down as Zenith chairman
Zenith Bank founder Jim Ovia is building two luxury residential towers in Lagos with units from $1.85 million as he pivots to real estate after leaving the bank's chairmanship.
Nigerian logistics mogul Taiwo Afolabi warns eastern ports crisis will choke the entire economy
SIFAX Group chairman Taiwo Afolabi has warned that Nigeria's neglect of its eastern ports is choking economic activity and pushing Lagos ports toward breaking point.
Google agrees to pay Elon Musk's SpaceX $920 million a month in $30 billion cloud computing deal
Google has agreed to pay Elon Musk's SpaceX $920 million a month for computing power, totalling roughly $30 billion under a deal running through June 2029.
Mr Eazi's Choplife Gaming brings its Chopwin casino platform to Namibia in latest African push
Choplife Gaming, chaired by Nigerian musician Mr Eazi, is launching its Chopwin online casino and instant gaming platform in Namibia as it accelerates continental expansion.
South Africa's richest man wins $139 million Stellenbosch land fight against former friend
Johann Rupert has won the boardroom battle for control of The Bridge Stellenbosch after a bitter dispute with former friend Rurik Göbel over a R2.3 billion land deal.
Africa's richest man has added $6.8 billion to his fortune in 2026 and is closing in on $40 billion
Aliko Dangote started 2026 worth $30.4 billion and has since added $6.8 billion to his fortune, closing in on the $40 billion mark faster than anyone predicted.