Femi Otedola commends Tinubu for resolving UAE visa ban on Nigerians and restoring air travel
Otedola vowed to increase his investments in Nigeria, citing Tinubu’s leadership as a force behind his confidence in Nigeria’s economic management.
African Billionaires
Kenyan tycoon John Kimani acquires additional 5.46 million shares in Centum
John Kimani’s recent acquisition reflects his continued commitment to expanding his investment portfolio in Kenya’s thriving business landscape.
South African billionaire Michiel Le Roux suffers $15-million blow
Le Roux holds an 11.39-percent stake in Capitec Bank, or 13,190,043 shares.
5 assets owned by South African businessman Vivian Reddy
Despite a low-key public presence, Vivian Reddy remains a prominent figure in South African business circles.
7 institutions founded by Africa’s doyen of accounting, Akintola Williams
The late Akintola Williams, Nigeria’s first chartered accountant and founder of Africa’s first indigenous accounting firm, Akintola Williams & Co.
South African banker Jason Quinn’s salary at Absa amounts to $1.8 million
Quinn also owns a minority stake of 0.012 percent, amounting to 99,814 shares in the financial services giant.
South African tycoon Jannie Mouton suffers $3.7 million loss from Capitec stake
Jannie Mouton is renowned for Co-founding Capitec Bank with Michiel Le Roux, and Riaan Stassen. He presently owns a 5.11-percent stake in Capitec Bank
Nigerian businessman Tony Elumelu loses $3.2 million in 11 days from UBA stake
Despite this substantial loss, Elumelu retains his status as one of the wealthiest investors in the local bourse.
Bank led by Kenyan tycoon Gideon Muriuki recoups $1.56-million loan from Centum unit
Muriuki owns a substantial two-percent stake in Co-operative Bank Group, translating to 117,471,300 ordinary shares.
Rob Hersov: South African billionaire transforming Cape Winelands Airport
In 2021, Hersov acquired the former Fisantekraal airstrip and unveiled his vision to transform it into a vibrant airport and secondary hub for Cape Town.
15 inspirational quotes from Nigerian billionaire Femi Otedola
Otedola is not just one of Africa’s wealthiest individuals; he is a symbol of hope and inspiration.
Mauritian tycoon Hector Espitalier-Noel gains $1.9 million from stake in ENL
Espitalier-Noel owns a 9.92-percent stake in ENL Limited.
America’s second-richest Black man David Steward gains $2.74 billion in two months
Steward is now ranked as the 259th richest person in the world, according to the Bloomberg Billionaires Index.
Coco Gauff takes home over $5 million in earnings from 2023 U.S. Open
With her recent earnings, Gauff not only stands as the face of women’s tennis but also solidifies her status as one of the world’s highest-earning athletes.
Egyptian tycoon Hisham Talaat Moustafa unveils $10.7-billion smart city project in Riyadh
Hisham Talaat Moustafa stressed TMG’s eagerness to share its expertise in creating integrated urban projects with Saudi Arabia.
Zimbabwean tycoon John Moxon gains nearly $13 million in 32 days
Moxon ranks as one of the richest investors on the Zimbabwe Stock Exchange.