Morocco tycoon Chakib Alj warns Middle East war is hitting supply chains
Morocco’s top business lobby says rising costs, port congestion and shipping delays are squeezing companies as the Middle East war disrupts trade.
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African Wealth Briefing — Tues., April 7, 2026
Five African stock exchanges meet in Lagos to plan a cross-border Dangote Refinery listing, Otedola and Dangote meet Tinubu on Easter Sunday, and our April Investor Memo breaks down what Nathan Kirsh's $17 billion fortune reveals about Africa's real wealth map.
The Shade Room founder Angelica Nwandu turned down $100 million offers to sell during election season to protect her 28 million Black followers
The Shade Room founder Angelica Nwandu has turned down $100 million-plus offers to sell her platform, refusing to hand over influence over 28 million Black followers to political buyers.
Billionaires Femi Otedola and Aliko Dangote met President Tinubu on Easter Sunday to discuss Nigeria's economy and ongoing reforms
Femi Otedola confirmed that he and Aliko Dangote spent Easter Sunday with President Bola Tinubu to discuss Nigeria's economy and its ongoing reforms.
Aaron Holiday started as a Goldman Sachs coder and built a venture firm now managing $550 million
Aaron Holiday spent four years writing algorithms at Goldman Sachs before betting everything on venture capital. That bet now manages $550 million.
Marques Torbert had no connections in finance and still walked away with a $350 million exit
Marques Torbert grew up with no connections to finance, built a $350 million company, then launched a private equity firm.
Investor Memo: The Kirsh Effect — What Africa’s Invisible Second-Richest Man Reveals About How Wealth Is Really Built on This Continent
Nathan Kirsh was invisible to every wealth ranking until Sysco priced his grocery empire at $29.1 billion — now he is Africa's second richest person, and we break down what his emergence reveals about where the continent's real wealth lives.
African Wealth Briefing — Mon., April 6, 2026
Nathan Kirsh lost everything in 1986, kept one Brooklyn grocery store, and spent 50 years building it into a $29.1 billion empire — now he is Africa's second richest person at $17.1 billion, and we tell the full story.
Carmichael Roberts oversees billions in climate investments for Bill Gates and built a $800 million materials science venture firm
Carmichael Roberts leads Breakthrough Energy's multibillion-dollar investment program and co-founded Material Impact, a venture firm with nearly $800 million under management.
Jason Robart built the largest Black-owned healthcare venture capital firm in the United States
Jason Robart co-founded Seae Ventures after running Blue Cross Blue Shield's venture fund. The firm is the largest Black-owned healthcare VC.
Meet Dr. Laurence Morse, the economist who built a $10.8 billion private equity empire from scratch
Dr. Laurence Morse turned a two-person startup in Connecticut into one of America's largest Black-owned private equity firms managing $10.8 billion.
5 companies owned by Mellody Hobson, one of the most powerful women in American finance
Mellody Hobson runs an empire that stretches from Wall Street boardrooms to NFL ownership suites and the fast-growing women's sports market.
African stock exchanges eye Dangote refinery IPO as NGX convenes JSE, NSE, GSE and BRVM for cross-border listing talks
NGX Group has convened chiefs of five African stock exchanges in Lagos to advance cross-border listings of the Dangote Refinery ahead of a June-July 2026 IPO on the NGX.
Billionaire Tyler Perry has given away millions to seniors, shooting victims, and struggling communities, and most of it he did quietly
Tyler Perry has donated millions across decades, from paying seniors' property taxes to covering funerals for police shooting victims, mostly without fanfare.
Hip-hop billionaire Dr. Dre has given away over $80 million to education, from a $70 million USC academy to a performing arts center bearing his name in Compton
Dr. Dre has donated over $80 million to education causes, including a $70 million USC academy and a $10 million Compton High School performing arts center bearing his name.
Kanye West's comeback concert at SoFi Stadium grossed $18 million in a single night, the highest ever by a rapper, as two shows pulled in $33 million combined
Ye grossed $18 million in a single night at SoFi Stadium on April 3, the highest-grossing concert ever by a rapper, as two comeback shows earned $33 million combined.