Nigerian billionaire Abdul Samad Rabiu to pocket $198-million dividend from BUA cement
Rabiu holds a 96.3-percent ownership stake in BUA Cement.
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Aliko Dangote’s cement company reaches all-time highs, profits exceed $800 million in 2022
Dangote recommended a dividend of $0.0434 per share.
Kenyan banker Gideon Muriuki’s Co-op Bank secures $100 million from global investors
Muriuki holds a two-percent stake in the leading financial services group.
Egyptian billionaire Ahmed Ezz’s fortune skyrockets by $48 million in 2023 thanks to Ezz Steel stake
Ezz owns a majority stake of 60.7 percent in Ezz Steel.
Egyptian magnate Abdallah Sallam’s MNHD rakes in whopping $24 million profit in 2022
This can be directly linked to the devaluation of the Egyptian pound, which has made the country’s real estate market more attractive.
Inside Michael Jordan’s $1.7-billion fortune and trailblazing journey to becoming first athlete-billionaire
In June 2014, Jordan became the first athlete to amass a billion-dollar fortune.
Meet the 7 richest South African billionaires in 2023
South Africa maintains its position as Africa’s largest wealth market and most industrialized economy.
Zimbabwean billionaire Strive Masiyiwa’s ADC to set up new data center facility in Nairobi
ADC is an affiliate of Cassava Technologies, a fiber and telecom solutions group.
Ghana’s richest stock investor Daniel Ofori takes $1.5 million hit on Societe Generale Ghana stake
Ofori’s stake in Societe Generale Ghana has decreased by over $1.5 million since the start of the year.
Adidas reportedly inks new deal with Kanye West in bid to sell off $500-million Yeezy inventory
West’s net worth has declined by $1.6 billion since his split with Adidas.
Aliko Dangote hails highest voter turnout in over two decades in Nigeria’s presidential election
Dangote described the turnout as “very, very impressive.”
Nigerian energy tycoon Michael J. Prest wins legal victory in Caribbean island of Nevis
Prest is the founder of BONI, an international bank offering private and wealth management services.
Nigerian billionaire Abdul Samad Rabiu’s BUA Cement smashes records, surpasses $210-million profit in 2022
BUA Cement Plc is one of Nigeria’s leading cement companies.
Zimbabwean tycoon Paddy Zhanda amasses $2.17-million fortune in less than two months of 2023
Zhanda owns a significant 8.08-percent beneficial stake in Masimba Holdings.
Tanzanian billionaire Rostam Aziz pledges cheaper cooking gas amid $2.3-billion plant launch
Aziz was named the first dollar billionaire in Tanzania by Forbes in 2013.
Egyptian tycoon Ashraf Sabry’s Fawry joins forces with Taiwanese tech giant for seamless payment solutions
Fawry is a leading fintech company.