Startup led by Nairobi-based entrepreneur secures $5-million funding from UK gov’t
BasiGo has secured $5 million in debt funding from British International Investment.
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Startup led by U.S.-based Nigerian entrepreneur to acquire Tosin Eniolorunda-backed PayDay
Bitmama, led by CEO Ruth Iselema, has reportedly extended an offer of $1 million in equity in the crypto company to Payday investors.
Nigerian energy tycoon Bryant Orjiako’s stake in Seplat surges by $30 million
Orjiako, a former director of the Lagos-based energy conglomerate, holds a 6.43-percent stake in Seplat Energy.
One of America’s richest Black CEOs, Craig Arnold makes $17 million from stake in Eaton
Arnold, who ranks as one of America’s leading executives, owns a beneficial 0.13-percent stake in the power management company, or 517,061 shares.
From farm life to tech titan: David Steward’s journey to building a net worth of $8.58-billion
Steward, born into hardship, defied odds to build World Wide Technology, a multibillion-dollar empire.
North Africa’s richest billionaire relocates family office to Abu Dhabi
Sawiris eyes Africa, the Middle East, and beyond with Abu Dhabi as the springboard.
Richelieu Dennis: The Liberian immigrant who built a $400-million beauty empire
Dive into the captivating story of Dennis, a Liberian immigrant who overcame adversity to build a $400-million hair-care empire.
Tanzanian multimillionaire Said Bakhresa set to invest $100 million in Malawi
Bakhresa’s planned investment holds immense significance in enhancing Malawi’s self-sufficiency in cooking oil production.
7 iconic assets the late South African businessman Eric Ellerine owned
Ellerine’s legacy extends beyond furniture retail, shaping the landscape of South Africa’s business and investment sectors.
The $1-billion Abbey Wemimo influential stance at SEC
Wemimo, co-founder of Esusu, takes a groundbreaking stance at the SEC meeting, advocating for inclusive investment policies.
Serena Williams and Ruby Bridges headline March 2024 hall of fame induction
In a historic 2024 ceremony, the National Women’s Hall of Fame will induct two phenomenal trailblazers: Serena Williams and Ruby Bridges.
Black executive Paul Richardson earns $5.5-million salary from Walt Disney in 2022
Richardson’s compensation package comprises a base salary of $0.76 million and a performance-based short-term incentive of $1.67 million.
Shocking comeback: Christoffel Wiese reclaims billionaire status
Delve into the extraordinary story of Wiese’s resilience and strategic genius, from battling the Steinhoff scandal to reclaiming his status as a billionaire.
From Lagos to tech stardom: Tope Awotona’s billion-dollar journey with Calendly
Awotona’s transformation from a struggling immigrant to a tech billionaire exemplifies the power of resilience and innovation.
Eric Ellerine, one of South Africa’s richest men, dies at 90
As one of the country’s wealthiest individuals, his passing marks the end of an era.
Stephen Saad leads South Africa’s Aspen in game-changing $100-million Sandoz China acquisition
Discover how Saad’s audacious $100M deal is revolutionizing Aspen Pharmacare.