Africa’s richest man Aliko Dangote puts $45.5-million private jet up for sale
Dangote initially acquired the ultra-long-range jet for $45.5 million 13 years ago to commemorate his 53rd birthday.
African Billionaires
North Africa’s richest man Nassef Sawiris gains $370 million in 12 days
Sawiris now commands a staggering fortune of $7.32 billion, propelling him to the 315th spot on the esteemed list of the world’s 500 wealthiest billionaires.
Nairobi-based entrepreneur Jit Bhattacharya’s BasiGo secures $1.5-million grant from USAID
BasiGo aims to revolutionize Kenya’s public transportation sector by providing a cost-effective electric alternative to diesel.
Nigeria’s richest banker Jim Ovia loses $8 million from Zenith Bank stake
Ovia, a key figure in Nigeria’s banking industry’s evolution and digital transformation, founded Zenith Bank in 1990.
10 richest people on the Ghana Stock Exchange
Meet the 10 individuals who own the most substantial stock ownership positions on the Ghana Stock Exchange.
Sappi names South African business mogul Nkululeko Sowazi as new chair
South African tycoon Nkululeko Sowazi, a multifaceted leader with a storied business portfolio, primed to navigate Sappi’s strategic revival.
Nigerian billionaire’s fintech company secures Malawi license for global transactions
Flutterwave has gained prominence in the fintech sector under the leadership of Nigerian billionaire Olugbenga Agboola.
25 richest people on the Nigerian Exchange
Leading the ranks on the Nigerian Exchange are iconic figures like Aliko Dangote, Femi Otedola, and Abdul Samad Rabiu.
Swazi billionaire Natie Kirsh gains $170 million in 19 days
Natie Kirsh’s fortune experienced a surge of $170 million in just 19 days, rising from $6.99 billion on October 21 to $7.16 billion on November 9.
Nigerian elders urge restraint in Dangote-Rabiu business conflict for stability
Dangote and Rabiu are leaders of Africa’s industrial and manufacturing revolution through their conglomerates Dangote Group and BUA Group.
Egyptian tycoon Safwan Thabet’s Juhayna posts $28 million in profit in 9M 2023
Juhayna Food Industries is a prominent Egyptian dairy, juice, and cooking product manufacturer led by Safwan Thabet.
5 richest retail tycoons in South Africa
The transformation of South Africa’s retail landscape owes its momentum to billionaire proprietors and executives who have ascended to unprecedented heights.
Patrice Motsepe retains top spot as South Africa’s wealthiest investor on JSE
The recent list highlights that Motsepe’s equity portfolio on the JSE is presently estimated at $1.58 billion.
Namibian tycoon Quinton van Rooyen loses nearly $10 million in just nine days
Quinton van Rooyen, who owns a 63.94 percent stake in Trustco Group, is regarded as one of Namibia’s wealthiest individuals.
Nigerian billionaire Femi Otedola makes $8.6 million from First Bank investment
Otedola’s recent gains in FBN Holdings and Geregu Power further solidify his status as one of Africa’s wealthiest individuals.
Led by pan-African billionaire Benedict Peters, Aiteo launches new premium crude oil grade to global market
The new premium crude oil grade was unveiled at the ongoing Argus European Crude Conference.