5 businesses owned by Doc Rivers
Beyond basketball, Doc Rivers innovates in tech, real estate, and social ventures, shaping a better future with his impact.
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5 businesses owned by Alonzo Mourning
Mourning excels beyond the NBA with impactful roles in affordable housing, tech, motivational speaking, and as an accomplished author.
South African billionaire Patrice Motsepe-backed Sanlam posts $73-million profit in 2023
Sanlam CEO Paul Hanratty, a notable figure in South Africa’s business landscape, lauded the company’s robust delivery in the face of extraordinary challenges during the past fiscal year.
Elon Musk’s Starlink raises hardware prices by 112 percent in Nigeria
While Starlink has not officially addressed the reasons behind the price increment, the timing of the move coincides with Nigeria’s recent currency devaluation.
South African exec Shameel Joosub-led Vodacom launches digital skills initiative to combat youth unemployment
The initiative aims to provide free access to digital training courses through the newly unveiled Mzansi Digital Learning platform.
Led by South African Ackerman family, Pick ‘n Pay set to liquidate Baladakis Stores
As the legal battle unfolds, the retail industry watches closely to see the implications and outcomes of Pick ‘n Pay’s unprecedented move to liquidate a major franchisee in its extensive network.
South African billionaire Saltzman Family gains $41 million from Dis-Chem shares
Thanks to the recent upswing in Dis-Chem’s shares, the Saltzman family’s stake in Dis-Chem has surged by R776.36 million ($41.42 million) since Feb. 19.
Tony Elumelu advocates privatization of Nigeria’s electricity transmission lines
Elumelu urged the government to facilitate the transfer of idle gas assets or fields to capable Nigerian investors, fostering gas-related investments and efficient electricity production.
Malagasy tycoon Hassanein Hiridjee’s Axian Telecom maintains resilient ratings despite operational hurdles
Under the leadership of Hiridjee, Axian Telecom has achieved remarkable growth since 2015, ranking as Africa’s seventh-largest mobile operator.
Billionaire Michael Lee-Chin sells $9.8-million stake from Jamaica’s biggest lender
The sale comes amid NCBFG’s plans for an additional public offering (APO) aimed at issuing between 300–450 million new shares to raise over $20 billion.
12 businesses owned by Gabrielle Union
Union’s ventures reflect her multifaceted persona, spanning haircare, nutrition, fashion, and beyond, all infused with her signature activism.
Zimbabwean billionaire Strive Masiyiwa’s Liquid C2 seals new deal to enhance cybersecurity and AI in Africa
Masiyiwa emphasized the significance of responsible AI in fostering economic opportunities and empowering individuals and businesses across Africa.
Nigerian entrepreneur Oluwasoga Oni leads startup to secure $3 million from investors
The pre-Series-A funding round brings MDaaS Global’s total funding since its inception to $6.8 million.
Africa’s youngest billionaire plans $150-million investment to boost MeTL Group’s growth
The ambitious plan involves injecting $50 million into planting hybrid tea for export and an additional $100 million into Rwandese companies across vital sectors.
4 businesses owned by Antoine Fuqua
Fuqua, celebrated director and entrepreneur, excels beyond filmmaking with Hill District Media, Netflix collaborations, strategic real estate investments, and enlightening speaking engagements.
Egyptian tycoon Medhat Khalil’s stake in Raya Holding surges by $21.1 million
Egyptian businessman Medhat Khalil, the founder and chairman of Raya Holding holds a majority stake of 58.1 percent in the Cairo-based investment conglomerate