Wealth Intelligence: Michiel Le Roux — Banking the Overlooked
He built Capitec for the customers South Africa’s banks ignored — and rode it to a $3.8 billion fortune as the lender became Africa’s most valuable bank.
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Wealth Intelligence: Johann Rupert — The Luxury Throne
Africa’s second-richest man controls Cartier, a healthcare empire and a web of listed holdings — quietly, from Stellenbosch. As Remgro seizes full control of Mediclinic, a full read of the Rupert fortune.
The Inside Story: The Cold-Chain King
From a frozen-fish stall in a Yaoundé market, Sylvestre Ngouchinghe built a company that controls how much of a nation eats fish. The infrastructure bet behind a $280 million empire.
Deep-Dive Report: Christo Wiese — The Long Way Back
He was nearly Africa’s richest man — then Steinhoff’s accounting fraud erased billions in days. The methodical rebuild of a retail legend through Shoprite, Brait and Invicta, and an honest read of the fortune.
African Wealth Briefing — Mon., July 6, 2026
Angola prepares to sell shares in Unitel — the telecom empire it seized from Isabel dos Santos. Robert Gumede wants to turn Tongaat's sugarcane into power and fuel.
Indian billionaire Raj Gupta's African Industries gets 500 hectares to build Nigeria's largest solar-powered steel plant
Niger State handed Raj Gupta's African Industries 500 hectares to build what it calls sub-Saharan Africa's largest solar-powered steel plant.
Pick n Pay, controlled by Soutgh Africa's billionaire Ackerman family, sells down its Boxer crown jewel to fund a slow turnaround
Pick n Pay has sold down more of Boxer for R4.7 billion, funding a slow turnaround that cost the Ackerman family control of the retailer.
Moroccan tycoon Rita Zniber's Diana Holding in talks with Kazakhstan over grain and farm trade
Kazakhstan's ambassador has met Rita Zniber, head of Morocco's Diana Holding, to discuss supplying grain and oils and joint investments.
Nigerian businessman Tony Elumelu to retire as UBA chairman, Nnorom to take over
Tony Elumelu will step down as UBA Group chairman on August 21 after 12 years, with veteran banker Emmanuel Nnorom named as his successor.
Angola prepares to list Unitel, the telecom empire seized from former billionaire Isabel dos Santos
Unitel, the Angolan telecoms giant once part-owned by Isabel dos Santos, will start an IPO roadshow next week ahead of listing a 15% stake.
South African billionaire Robert Gumede plans to turn Tongaat sugar into power and fuel
The billionaire told Semafor he will turn Tongaat Hulett's sugarcane into electricity, ethanol and gases to save the rescued South African producer.
Billionaire Femi Otedola's memoir named first runner-up at BCA African Business Book of the Year
Femi Otedola's memoir Making It Big was named first runner-up at the 2026 BCA African Business Book of the Year, awarded in London.
Beninese billionaire Samuel Dossou-Aworet's Parakou dry port begins operations after a decade
Beninese tycoon Samuel Dossou-Aworet's Petrolin Group has begun operations at its Parakou dry port, shipping first cotton after years of delay.
African Wealth Briefing — Fri., July 3, 2026
South Africa rejects a wealth tax in a win for its billionaire class. Johann Rupert's Richemont parts with a 196-year-old watchmaker.
Haitian-born billionaire Herriot Tabuteau is worth $2.2 billion after Axsome stock doubles
Shares of Axsome Therapeutics have doubled in nine months, pushing the net worth of Haiti-born founder Herriot Tabuteau to $2.2 billion.
Heineken posts $1.9 million bank guarantee to freeze interest owed to Kenyan tycoon Ngugi Kiuna
The Dutch brewer secured a $1.9 million Equity Bank guarantee, halting disputed interest on the $11.3 million award owed to Ngugi Kiuna's Maxam.