Nigeria’s richest banker loses $158 million to naira devaluation
Despite the fiscal setbacks he has endured, Ovia’s position as Nigeria’s richest banker remains steadfast.
Botswana businessman Farouk Ismail’s loses $6 million from Choppies stake
Ismail owns 14.99 percent of Choppies Enterprises, or 271,691,921 shares.
South African banker Alan Pullinger’s salary at FirstRand amounts to $2.5 million
Pullinger owns a beneficial 0.11-percent stake in the financial services giant — a stake presently valued at more than $20 million.
Bank led by Kenyan businessman James Mwangi surpasses $11 billion in assets
Equity Group, under the leadership of Mwangi, reported a profit of $182.8 million at the end of the first half of its 2023 fiscal year.
5 companies owned by South African businessman Des de Beer
De Beer, a prominent property tycoon and influential business executive, stands among South Africa’s wealthiest individuals.
Mary Vilakazi: South African business executive earning millions from FirstRand
Appointed as FirstRand’s COO in July 2018, Vilakazi has played a pivotal role in propelling the institution’s sustained expansion.
South African tycoon Des de Beer’s REIT sells $51-million stake in UK company
Under the leadership of de Beer, Resilient has emerged as a key player in the real estate sector.
5 companies owned by Botswana businessman Ramachandran Ottapathu
Through his leadership roles at The Far Property Co. and Choppies Enterprises, Ottapathu has masterminded a remarkable transformation.
Bob van Dijk, CEO of Africa’s biggest company, suffers $6-million loss in August
Van Dijk, who has been CEO of Naspers since 2014, owns a 0.24-percent stake in the South African conglomerate.
Dangote’s net worth surges to $11 billion, overtaking South African billionaire Johann Rupert
With his net worth presently standing at $11 billion, the disparity in wealth between Dangote and Rupert becomes evident.
John W. Thompson: Black executive behind one of the world’s largest tech mergers
Thompson’s tenure at Symantec Corp., now known as Gen Digital Inc., cemented his legacy as a visionary leader and master dealmaker.
Sizwe Nxasana: South African accountant who led Africa’s most valuable bank for a decade
South African business executive and distinguished accountant Sizwe Nxasana stands out as an architect of transformation and growth.
CBN approves billionaire Femi Otedola as director of FBN Holdings
Femi Otedola, who is the chairman of power generating company Geregu Power, is one of the largest shareholders of FBN Holdings.
Africa’s richest title returns to Johann Rupert, as Dangote loses $538 million
Rupert, who had briefly conceded the top spot, managed to secure his lead again with a net worth of $10.6 billion.
5 South Africans who founded billion-dollar pharma companies
Billionaires.Africa shines a spotlight on five South African trailblazers who have propelled South Africa onto the global stage of medical innovation.
Hip-hop mogul Rick Ross buys extravagant $35-million Miami mansion
Ross, a native of Miami, amassed his fortune through his successful music career and his adeptness as a record executive.