Malawian billionaire Hitesh Anadkat’s FMB stake surges above $1.4 billion
Malawian billionaire Hitesh Anadkat’s FMB stake has soared to $1.4 billion as the banking group’s shares rally 320 percent in 2025, driving renewed investor confidence.
Rihanna’s Fenty Beauty may see LVMH exit in $2 billion deal
Rihanna’s Fenty Beauty could see LVMH sell its 50 percent stake in a deal valuing the brand at $2 billion, reflecting shifts in the celebrity beauty market.
Aliko Dangote’s net worth surges, now $200 million shy of $30 billion
Aliko Dangote’s fortune hits $29.8 billion as gains from his cement and refinery ventures push him closer to the $30 billion mark.
Kanye West sells Wyoming ranch back to its original owners for $14 million
Kanye West has sold his 6,713-acre Wyoming ranch back to its original owners for $14 million, closing a five-year chapter of ambition and retreat.
Nigerian entrepreneur Tosin Eniolorunda’s Moniepoint raises $90 million for expansion
Moniepoint, founded by Nigerian entrepreneur Tosin Eniolorunda, has raised $90 million to drive its African expansion and strengthen global fintech operations.
Namibian tycoon Sven Thieme’s O&L sells clean energy stake to Belgium’s CMB.TECH
Namibian tycoon Sven Thieme’s O&L sells its Cleanergy stake to Belgium’s CMB.TECH, advancing Namibia’s green hydrogen ambitions.
Nigerian lawyer Gbenga Oyebode-led Okomu Oil sees profit double on $118 million revenue
Okomu Oil’s profit more than doubled to $41.1 million as revenue hit $118 million, reflecting strong demand and disciplined management under Gbenga Oyebode.
South African banker Johan Burger gains $5 million from FirstRand stake
Johan Burger’s FirstRand stake rises by $5 million as the bank’s shares jump over 11% on the JSE, lifting his total holdings to about $24 million.
South African mogul Terrence Moolman gains $29 million from Caxton shares
South African media mogul Terrence Moolman gains $29 million as Caxton & CTP shares rise on the Johannesburg Stock Exchange, reflecting renewed investor confidence.
Desterio Oyatsi, the Kenyan lawyer with a $14 million stake in NCBA Group
Kenyan lawyer Desterio Oyatsi’s $14 million NCBA stake highlights his decades of influence in law and business.
Zimbabwean billionaire Strive Masiyiwa’s net worth falls $100 million to $1.2 billion
Zimbabwe’s richest man, Strive Masiyiwa’s fortune drops by $100 million as market slide trims his net worth to $1.2 billion.
Nigerian tycoon Kessington Adebutu commits $2.7 million to development projects
Nigerian gambling magnate Kessington Adebutu marked his 90th birthday by donating $2.7 million to fund education, health, and infrastructure in Remoland.
Gbenga Oyebode, the business lawyer leading Nigeria’s $660 million palm oil giant
Gbenga Oyebode, co-founder of Aluko & Oyebode, leads Okomu Oil, a $660 million Nigerian palm oil powerhouse.
South African tycoon Stephen Brookes’ Balwin stake climbs $10.4 million
Balwin Properties’ CEO Stephen Brookes sees his stake rise by $10.4 million after a strong rally lifts the firm’s market cap to $82 million.
Egyptian billionaire Samih Sawiris confirms transfer of Orascom Development shares to his son
Samih Sawiris confirms he transferred all Orascom Development shares to his son Naguib, marking a generational shift in the Egyptian billionaire’s empire.
Capitec rally pushes Michiel Le Roux stake to $3 billion
South African billionaire Michiel Le Roux’s Capitec stake climbs to $3 billion amid rising shares and investor confidence.