Cameroonian businessman accuses South African bank of misleading justice in $235-million property seizure
Danpullo is the founder of Baba Ahmadou Group.
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Meet two Tunisian entrepreneurs set to make millions in $390-million AI-firm sale
They will also be eligible for performance-based future milestones.
Ahmed El-Sewedy-led Elsewedy Electric wins $176.10 million Saudi solar power contract
The El-Sewedy family owns 68 percent of Elsewedy Electric.
Nigerian businessman Tony Elumelu reaps $2.36 million in gains from UBA share-price increase
Elumelu owns a significant 6.9-percent stake in UBA.
Kenyan multimillionaire Humphrey Kariuki faces legal battle over prime land in Nairobi
Kariuki is a leading Kenyan multimillionaire businessman.
Centum, led by family of late Kenyan tycoon Chris Kirubi, to buy back shares worth $4.8 million
Kirubi passed away in 2021 at the age of 80.
Billionaire El-Sewedy family loses $36 million amid Egyptian pound depreciation
The El-Sewedy family owns a 68-percent stake in Elsewedy Electric.
Mauritian Lagesse family-linked firm Transmara Sugar faces $7.8-million farmers claim
IBL Group holds an ownership interest in Transmara Sugar Company.
Kenyan entrepreneur Cynthia Wandia’s fintech startup Kwara raises $3-million seed extension
Kwara is a Nairobi-based fintech startup.
Sasini, controlled by family of late Kenyan tycoon, invests $6 million in fixed-income securities
The family of late Naushad Merali is the majority shareholder of Sasini Tea.
Neal Froneman: Sibanye-Stillwater’s proposed unit to secure $700 million from U.S. gov’t
Froneman owns a 0.074-percent stake in Sibanye-Stillwater.
Swazi billionaire Natie Kirsh’s net worth surges by $157 million
Kirsh derives the majority of his fortune from Kirsh Group and Jetro Holdings.
South African billionaire Christo Wiese’s stake in Shoprite jumps $67 million in 16 days
Wiese owns 11.63 percent of Shoprite Holdings, Africa’s largest retailer.
Abdul Samad Rabiu becomes Africa’s fourth-richest man, ousting Egypt’s Nassef Sawiris
Rabiu is Nigeria’s second-richest man.
Cameroonian banker Alain Nkontchou makes $1.5-million power move with Ecobank share purchase
Nkontchou is the chairman of Ecobank.
This Kenyan Investment banker recently raised $128 million to invest in East African SMEs
Owino is the founder of Ascent Capital.