Greek Mogul John Coumantaros’ Flour Mills reaches milestone with $2.41-billion revenue
Coumantaros holds a significant 63.34-percent stake in Flour Mills.
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Bank of Nevis International becomes first Caribbean bank to launch tookitaki anti-money laundering tech
BONI joins other leading global banks to deploy next-generation AML technology.
Belarusian leader concludes visit to Zimbabwe
Belarus is attempting to expand its partnership base amid increasing global isolation.
Egyptian entrepreneur Mounir Nakhla’s MNT-Halan reaches $1-billion valuation in funding round
Under Nakhla, the fintech startup made strides in expanding its portfolio in 2022 with the strategic acquisition of Talabeyah.
South Africa’s richest man Johann Rupert recovers all 2022 losses in January
Rupert’s net worth has increased from $10.9 billion to $12.3 billion.
Tanzania’s leading entrepreneur Mo Dewji soars to top of Africa’s billionaires list
Dewji’s entrepreneurial journey began at a young age, and he has since built MeTL Group into a multi-billion-dollar empire.
Humphrey Kariuki: A glimpse at the Kenyan magnate’s properties and businesses
Kariuki’s business empire is vast and covers several industries, including energy, hospitality, real estate development, and more.
Dangote named leading figure of the year by Vanguard
Dangote, who is the richest man in Africa, was honored for his leadership and contributions to the development of the Nigerian economy.
Forbes list reveals 19 African billionaires, up from 18, despite $3.1-billion wealth dip
African billionaires continue to symbolize the continent’s economic growth.
South African billionaire banker Michiel Le Roux loses $92 million in 19 days
Le Roux remains one of South Africa’s wealthiest businessmen.
Nigerian billionaire Aliko Dangote reigns as Africa’s richest man for 12 consecutive years
The slump can be linked to the performance of his stake in his flagship business, Dangote Cement.
Nigerian billionaire Mike Adenuga’s Conoil posts $13.5 million in profit in 2022
Conoil is a petroleum marketing firm.
Femi Otedola’s Geregu Power sets milestone with audited results as market cap hits $1 billion
Geregu Power is the first NGX-listed company to publish its audited financials in 2023.
Kenyan banker-turned-politician Peter Kenneth, others to pocket $40 million from Mayfair Bank sale
Mayfair Bank was established in June 2017 by a consortium of prominent investors led by Kenneth.
Rihanna set to expand billion-dollar empire with launch of children’s brand, Fenty Kids
The move comes more than six months after Rihanna filed two applications for “Fenty Hair” with the U.S. Patent and Trademark Office.
Mining mogul Quinton van der Burgh’s QGC teams up with Marula to mine future metals
Van der Burgh is a wealthy South African mining magnate and serial entrepreneur.