Femi Otedola’s siblings, Ayokunle and Rotimi, invest over $3.6 million in Geregu Power shares
Ayokunle and Rotimi Otedola are siblings of billionaire Femi Otedola.
Tanzanian billionaire Mohammed Dewji to take on Pepsi, Coca-Cola, other world leading brands
Dewji has expressed his readiness to challenge major beverage companies.
This Ghanaian entrepreneur led her startup to raise $13 million from investors in January
Addy is a Ghanaian entrepreneur who is breaking down barriers.
South African businessman Colin Rezek-led Vantage closes $377-million fourth mezzanine fund
Vantage Capital made its groundbreaking foray into mezzanine finance in 2006.
Nigerian billionaire Femi Otedola’s Geregu Power gains $380 million in 37 days
The majority of the power-generating company is controlled by Otedola.
Led by South African exec July Ndlovu, Thungela Resources set to acquire mine in Australia
Ndlovu owns a minuscule yet lucrative 0.74-percent stake in Thungela Resources.
Meet 36-year-old Kenyan entrepreneur who recently secured $3 million for her startup
Wandia is the CEO of Kwara, a Kenyan-based online and mobile banking platform.
South African billionaire Nicky Oppenheimer gains $800 million in 36 days
Oppenheimer’s net worth has risen by $800 million since the start of the year.
Jay-Z, Bacardi reach settlement in billion-dollar dispute
Bacardi has agreed to buy out the majority of Jay-Z’s 50-percent stake in D’Usse.
Ethiopia’s wealthiest man Mohammed Al-Amoudi gains $111 million in 34 days
Al-Amoudi is worth $5.57 billion, making him the 470th richest man in the world.
Egyptian mogul Hend El-Sherbini’s IDH reverses acquisition of stake in Pakistani diagnostics firm
Integrated Diagnostics Holdings is a renowned healthcare services provider.
A $100,000 investment in Femi Otedola’s Geregu Power four months ago is now worth $219,000
Geregu Power is a top-performing power-generating company.
South African billionaire Koos Bekker gains $200 million amid tech stock frenzy
Bekker is the driving force behind Naspers and Prosus.
Greek Mogul John Coumantaros’ Flour Mills reaches milestone with $2.41-billion revenue
Coumantaros holds a significant 63.34-percent stake in Flour Mills.
South Africa’s richest man Johann Rupert recovers all 2022 losses in January
Rupert’s net worth has increased from $10.9 billion to $12.3 billion.
Forbes list reveals 19 African billionaires, up from 18, despite $3.1-billion wealth dip
African billionaires continue to symbolize the continent’s economic growth.