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.
Femi Otedola’s Geregu Power sets milestone with audited results as market cap hits $1 billion
Geregu Power is the first NGX-listed company to publish its audited financials in 2023.
Rihanna set to expand billion-dollar empire with launch of children’s brand, Fenty Kids
The move comes more than six months after Rihanna filed two applications for “Fenty Hair” with the U.S. Patent and Trademark Office.
Kanye West faces new hurdle in business and personal life as Australian visa denial looms
The potential denial of a visa may be the latest in a long list of repercussions facing Kanye West.
Meet Mohammed Dewji, Tanzania’s ‘King of Wealth,’ with $1.5-billion net worth
Dewji showcases his philanthropic spirit through his role as the founder and financier of the Mo Dewji Foundation.
Three assets that make Rihanna America’s youngest self-made billionaire
Rihanna’s success can be attributed to her flourishing cosmetics line, Fenty Beauty, her music career, and Savage X Fenty.
Zimbabwe’s richest man Strive Masiyiwa gains $700 million in 27 days
Masiyiwa owns 52.85 percent of Econet Zimbabwe.
Egypt’s richest man Nassef Sawiris’ stake in English club side Aston Villa now worth $134 million
Sawiris is one of the riches football club owners in Europe.
Nigerian billionaire Mike Adenuga has now gained $600 million so far in 2023
Adenuga owns a 74.4-percent stake in Conoil.
Aliko Dangote’s group says $19-billion refinery will be unveiled before Buhari’s term ends
Dangote is set to become the first Black person in history to lay claim to a $30-billion fortune.
Robert Smith remains America’s richest Black billionaire with $11.9-billion net worth
Smith is the founder of one of the biggest U.S. tech-focused private equity firms, Vista Equity Partners.
Aliko Dangote’s stepbrother Sayyu Dantata launches $450-million lubricant plant in Lagos
Dantata is the founder and chairman of MRS Holdings Company Limited.
Meet Kenyan entrepreneur who raised $40 million in funding for his startup in 2022
Mbaabu’s unique approach and determination to drive change in the retail industry have set him apart.
Ahmed El-Sewedy’s electric company to aid Saudi Arabia in achieving net-zero emissions by 2050
El Sewedy Electric is a leading multinational cable and electrical equipment manufacturer.
This Nigerian venture capitalist led his VC firm in raising $46 million in 2022
Kola Aina is a key player in the African venture capital space.