Saudi fund eyes stake in real estate firm led by Egyptian billionaire
Egyptian billionaire Yasseen Mansour retains a 7.29-percent ownership stake in Palm Hills Development.
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32-year-old South African tech entrepreneur Rupert Bryant’s Webafrica takes over Mweb
Thirty-two-year-old Rupert Bryant is the co-founder of Webafrica, one of South Africa’s most successful ISPs.
Hisham Talaat Moustafa, one of Egypt’s richest men, rakes in $124 million
With a 43.16-percent stake in TMG, Hisham Talaat Moustafa ranks among the richest investors on the Egyptian Exchange.
Botswana-based tycoon Jonathan Gibson gains $14.4 million in 2023
Gibson, who ranks as one of the richest investors on the Botswana Stock Exchange, holds 31,830,406 ordinary shares in Chobe Holdings.
Egyptian tycoon Medhat Khalil hit by $8.5-million loss in Raya Holding stake
Raya Holding, formed in 1999 through a merger between entities owned by Khalil and Orascom Group, is a key player in the Egyptian investment landscape.
Court sets date for ruling on Nigerian multimillionaire ABC Orjiakor’s $101-million debt lawsuit
ABC Orjiakor, who owns a 6.4-percent stake in Seplat Energy, one of Nigeria’s largest energy companies, ranks as one of Nigeria’s wealthiest business figures.
7 companies owned by billionaire African energy mogul Benedict Peters
Billionaires.Africa has identified and tracked seven notable assets owned by billionaire Benedict Peters.
South African tycoon Johan Burger suffers $2-million loss from FirstRand stake
Burger, a seasoned director at FirstRand since 2009, owns a minority 0.110-percent ownership stake in FirstRand.
South African exec Dawie Mostert earns $2.5-million salary from Sibanye
Despite this notable decrease in compensation, Mostert remains a highly respected figure within the mining industry.
7 companies owned by Stephen Curry
Stephen Curry, the NBA’s highest-paid player, has deployed his fortune into building a successful business empire.
AI company, led by Black billionaire Alex Karp, wins $250 million U.S. Army deal
Under Alex Karp, Palantir has witnessed an impressive surge in performance, harnessing the power of large language models
Egyptian mogul Khaled Mahmoud’s MM Group plans to enter Saudi Arabian market
Mahmoud owns a noteworthy 10.13-percent stake in MM Group, presently valued at nearly $15 million.
7 companies owned by America’s seventh-richest Black woman, Emma Grede
In the world of fashion and business, Grede stands as an inspiration and a testament to vision, determination, and innovation.
South African banker Faisal Mkhize’s salary at Absa tops $1 million
Mkhize is a seasoned veteran renowned for his extensive knowledge within South Africa’s financial services sector.
5 companies owned by Nicky Minaj
Minaj is among the best-selling artists, selling over 100 million records globally. She’s the leading female rapper of the 2010s and one of the all-time greats.
South African billionaire Laurie Dippenaar loses $41 million in FirstRand stake
Presently, Dippenaar holds a 1.76-percent stake in FirstRand, or 98,726,988 shares.