Mauritian tycoon Arnaud Lagesse’s IBL Group looks to expand in Kenya’s diverse industries
The Lagesse family owns 16.8 percent of IBL Group.
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This Nigerian venture capitalist led his VC firm in raising $46 million in 2022
Kola Aina is a key player in the African venture capital space.
Cameroonian tycoon Paul Fokam’s Afriland partners with BGFI to co-finance CEMAC region projects
Fokam is one of Africa’s richest men, according to Forbes Afrique.
Four assets that make Egyptian billionaire Nassef Sawiris richest man in Arab world
Sawiris also owns a $135-million stake in English club Aston Villa.
Jimnah Mbaru loses $4 million in Britam Holdings shares in one year
Mbaru owns a 7.72-percent stake in Britam Holdings.
Hassanein Hiridjee-linked WeLight raises $20.5 million to deliver clean energy to 120 villages in Madagascar
As many as 45,000 households and businesses will be connected to the power grid.
South African mogul Zak Calisto’s Karooooo posts $26 million in earnings in 9M 2023
Calisto founded Karooooo in 2001.
More than 100 millionaires call for wealth tax to combat inequality
Oxfam revealed earlier this week that three of Nigeria’s richest men are worth more than 83 million Nigerians.
Dr. Dre sells Calabasas mansion for $6 million
The home boasts six bedrooms and seven baths.
Kenya’s richest families own more wealth than 22 million Kenyans combined
Kenya’s wealth gap is staggering.
Aliko Dangote is set to become Africa’s first $30-billion man
Dangote is the founder of Dangote Group.
Egyptian businessman Hassan Allam leads cooperation effort to boost investment in Africa
Hassan Allam Holding is a privately held engineering, construction, and infrastructure firm.
19 days into 2023, South Africa’s richest billionaire already $1.2-billion richer
The $1-2 billion increase cements his position as South Africa’s richest billionaire.
Egyptian entrepreneur Ashraf Sabry’s Fawry secures $1.67-million capital increase approval
Sabry controls 2.3 percent of the fintech company.
Johann Rupert’s Richemont surpasses $16 billion in sales in 9M 2023
Richemont is a Swiss luxury goods holding company led by South African billionaire Johann Rupert.
Aliko Dangote’s group launches recruitment exercise for upcoming refinery – learn how to apply
To support the well-being of its prospective candidates, Dangote Group has established temporary housing for 20,000 employees.