Nigeria’s richest banker Jim Ovia makes $13 million from Zenith Bank stake in 8 days
Ovia, a key figure in Nigeria’s banking industry’s evolution and digital transformation, founded Zenith Bank in 1990.
African Billionaires
Skims, $4-billion shapewear company linked to Kanye West, weighs IPO in 2024
Co-founded by Kanye West’s ex-wife, Kim Kardashian, the shapewear company is considering future pathways for growth and expansion.
Wealthy Kenyan tycoon Andrew Ndegwa gains $2 million in 19 days
This recent surge solidifies Ndegwa’s position as one of Kenya’s wealthiest investors.
5 companies owned by one of Kenya’s richest individuals, James Mwangi
Under Mwangi’s leadership, Equity Group evolved into an integrated financial services group with active operations spanning six African countries.
Derek Jeter’s joyrides: A peek into the baseball star’s exquisite car collection
Jeter’s car collection reflects a blend of luxury, speed, and style.
Top Black executive Yvonne Greenstreet earns $4.6-million salary from Alnylam in 2022
Greenstreet’s rise to COO in 2016 marked the beginning of her impactful journey at Alnylam.
South Africa’s second-richest man Nicky Oppenheimer gains $750 million in November
Oppenheimer secures 238th spot among world’s richest with a $9.33-billion fortune.
Nigerian tycoon Wole Oshin makes another $1.4 million from Custodian stake
Custodian Investment surges 10 percent on NGX as market capitalization tops $55 million.
South African executive Ivan Dittrich earns $5.2-million salary from Datatec in 2023
Dittrich also received a long-term incentive award of $4.1 million from Datatec as a result of his dedication to the tech group.
Zimbabwe’s richest man Strive Masiyiwa grants 11,100 scholarships to vulnerable children
Masiyiwa is a trailblazer in Africa’s mobile telecom industry, leading Econet Global, a digital services provider in Sub-Saharan Africa.
South African businessman Barry Swartzberg gains $14.6 million in 32 days
Swartzberg owns a 3.92-percent stake in Discovery Limited — this stake amounts to a total of 25,778,420 ordinary shares in the leading financial services group.
Burkinabe tycoon Idrissa Nassa’s Coris Bank faces suspension in SocGen asset acquisition
The Burkinabe tycoon’s financial move is now under scrutiny, raising questions about the future of this high-profile business deal.
Nigerian gambling magnate Kessington Adebutu gains $3.7 million from Wema Bank stake
Adebutu, the founder of Nigeria’s oldest gaming company, Premier Lotto Limited, owns a 28.09-percent stake in Wema Bank through Neemtree Limited.
Michael Jordan ‘no longer’ among world’s top 1,000 richest billionaires
On Oct. 5, the bar for entry into the world’s top 1,000 richest people was $2.9 billion.
Aliko Dangote expects $20-billion refinery to reach 650,000 bpd capacity by 2024
The Dangote Oil Refinery is set to receive its first cargo of 6 million barrels from the Nigerian National Petroleum Corporation Limited (NNPC).
10 companies owned by Algeria’s richest man Issad Rebrab
Billionaires.Africa has documented companies and holdings owned by Rebrab — revealing the expansive breadth and scale of his business empire.