Dangote’s stepbrother, Sayyu Dantata, gains $2.4 million from MRS stake in 48 hours
Dantata owns an impressive 60 percent of MRS Oil Nigeria Limited, through his investment company, MRS Africa Holdings.
African Billionaires
Firm linked to Africa’s first Black billionaire Patrice Motsepe to build $132-million solar plant
Through African Rainbow Energy, Motsepe owns an indirect 40-percent stake in SOLA Group.
5 companies owned by Morgan Freeman
Billionaires.Africa highlights five companies under Morgan Freeman’s ownership, cementing his status as an entertainment and business titan.
South African tycoon Noluthando Gosa suffers $13-million loss from ArcelorMittal stake
Gosa derives most of her fortune from a well-diversified investment portfolio, including a 6.15-percent stake in the Gauteng-based steelmaker.
Cameroonian billionaire Samuel Foyou gets green light to launch bank
This bold move by Foyou is expected to ignite a wave of competition among both multinational and national banks.
7 assets owned by Kevin Durant
Durant is one of the world’s highest-paid athletes, with lucrative endorsements from big names like Gatorade, Degree, and a recent lifetime sneaker deal with Nike.
Kenya’s second-largest landowners, Moi family protests half-a-million-dollar legal bill
The Moi family, renowned for its significant influence in both business and politics, has emerged as one of Kenya’s wealthiest families.
7 companies linked to South African businessman Barry Stuhler
With over 30 years of experience in property management and real estate investment, Stuhler’s impact on the industry is unmatched.
4 businesses owned by Alicia Keys
Iconic musician Alicia Keys has lent her Midas touch to various business ventures in beverages, cosmetics and apparel.
Burkinabe tycoon Idrissa Nassa’s Coris Bank advances as finalist in Cape Verde bank acquisition
Under the leadership of Nassa, Coris Bank has emerged as a formidable force in the financial services industry.
Moroccan tycoon Adil Douiri gains $2.4 million as Mutandis shares soar
With this recent bump in the market value of his stake, Adouiri cements his position as one of the richest investors in the Casablanca bourse.
Stephen Saad’s Aspen to pioneer South Africa’s first human insulin production
Established in 1997 by Saad, Aspen has steadily expanded its global presence in the pharmaceutical sector.
Nigerian tech entrepreneur Favor Ori’s explores acquisition options after raising $3 million
PayDay, founded by Ori nearly two years ago, maintains dual headquarters in Canada and Rwanda.
South African banker Alan Pullinger loses $2.7 million from FirstRand stake
Alan Pullinger remains one of South Africa’s most affluent executives and one of the wealthiest investors on the Johannesburg Stock Exchange.
South African banker Jacques Celliers’ salary at FirstRand amounts to $2.2 million
Celliers, a South African multimillionaire banker and executive who is also an engineer by training, joined FirstRand in 2000.
Africa’s richest man Aliko Dangote’s refinery imports crude ahead of launch
The Dangote Oil Refinery project stands as a resounding testament to the unwavering dedication of Aliko Dangote and the Dangote Group.