Abbey Wemimo’s meteoric rise: From Lagos slums to a billion-dollar fintech business
Nigerian immigrant Abbey Wemimo creates U.S. fintech unicorn against odds.
African Billionaires
Black executive Craig Arnold earns $14.1-million salary from Eaton
Arnold saw his compensation from the power management company decline by 37.7 percent from his previous year’s pay of $19.37 million.
Black executive Lloyd Yates earns $7.1-million salary from NiSource in 2022
Lloyd Yates also received a long-term incentive award amounting to $4.67 million from the Indiana-based utility company.
5 richest bankers on the Malawi Stock Exchange
These trailblazers lead key banking institutions including FMB Capital Holdings, FDH Bank Plc, NICO Holdings, and the National Bank of Malawi.
Top Black CEO Marvin Ellison gains $3.4 million from Lowe’s shares
The $3.4-million surge in Ellison’s stake in Lowe’s further cements his status as one of the world’s highest-ranking Black CEOs.
7 companies owned by Ghana’s richest investor Daniel Ofori
Ofori is also the founder of Advance Ventures Limited, a top player in structural design and real estate.
5 companies linked to South Africa’s first Black mining tycoon Bridgette Radebe
Beyond her leadership at Mmakau Mining, an avant-garde African mining group, Radebe has played a pivotal role in propelling the growth of various companies.
NFL star DeSean Jackson bids farewell after 15 seasons and $91.6 million in earnings
Over his 15-season career, Jackson made three Pro Bowl appearances during his time with the Eagles from 2008 to 2013.
Egyptian tycoon Medhat Khalil’s Raya Holdings stake surges by $19 million
Khalil owns a majority stake of 58.1 percent in Raya Holding — a total of 1,245,661,205 shares.
Magnate Theophilus Danjuma’s million-dollar medical center opens in southeastern Nigeria
The project, conceived in March 2022, was unveiled by the 84-year-old businessman, politician, and retired army general.
Byron Allen’s business brilliance: The anatomy of an $800-million media empire
Allen’s media dominance built on varied, successful company foundations.
Son of South Africa’s second-richest man acquires Nigeria’s biggest beverage can maker
Prior to the recent acquisition, the Jonathan Oppenheimer-led firm already held a majority 62.5-percent stake in GZI.
5 companies owned by South African mogul Desmond Sacco
Under Sacco’s leadership, Assore Group thrives as a key player in the mining sector, marked by strategic investments and operational prowess.
Swazi billionaire Natie Kirsh adds $110 million to his fortune in just 9 days
In addition to his investment in Jetro Holdings, the Swazi billionaire owns a 54-percent stake in publicly traded real estate investment trust, Abacus Property Group.
South African tech tycoon Zak Calisto makes over $30 million in 23 days
This reaffirms his position as one of Africa’s wealthiest technology entrepreneurs — it also highlights Karooooo’s position as a top-performing tech firm.
Lewis Hamilton makes $55 million in 2023 becoming F1’s second-highest-paid driver
British F1 maestro Lewis Hamilton stages a stellar comeback, securing the third spot in the latest season after a brief setback in 2022.