Nigerian multimillionaire Ladi Jadesimi pockets $470,000 Aradel Holdings dividend
Jadesimi, who is the founder of Lagos-based LADOL, owns a 4.7-percent stake in Aradel Holdings, an oil-producing company.
African Billionaires
South African banker Arno Daehnke earns $2.3-million salary from Standard Bank
Daehnke’s career spans over two decades, and he has played diverse roles within Standard Bank Group since joining in 2001.
Egyptian business mogul Hassan Allam’s company to invest in Uzbekistan
Hassan Allam Holding boasts an impeccable reputation in the engineering, procurement, construction, building materials, and utilities industries.
Nigerian banker Atedo Peterside’s Stanbic IBTC stake dips by $1 million
Peterside owns a 1.14-percent stake in Stanbic IBTC, which translates to 133,611,115 ordinary shares in the group.
NBA star Giannis Antetokounmpo invests in Tiger Woods-backed Golf League
In June, Antetokounmpo launched his investment holding company, Ante, Inc., as a hub for various business endeavors.
Aga Khan IV’s stake in Nairobi-based insurer slumps by $3 million
Shah Karim al-Husayni, also known as Aga Khan IV, is best known for founding Nation Media Group, East Africa’s largest independent media organization.
South African billionaire Stephen Saad’s Aspen partners with Eli Lilly to expand medical access
Aspen Pharmacare, founded by Saad in 1997, has steadily fortified its global presence in the pharmaceutical sector for over two decades.
Greek tycoon John Coumantaros’ Flour Mills achieves over $2 billion in revenue
Coumantaros owns a controlling 63.34-percent stake in Flour Mills of Nigeria Plc through his entity Excelsior Shipping Company.
Whitey Basson: South African tycoon who turned Shoprite into a retail giant
Basson’s tenure at the helm of Shoprite marked a remarkable era that redefined the retail landscape through innovative strategies.
Botswana-based tycoon Jonathan Gibson gains $8.5 million in just 15 days
Jonathan Gibson, the deputy chairman of Chobe Holdings, owns 31,830,406 ordinary shares in the Gaborone-based tourism group.
Namibian businessman Quinton van Rooyen loses $50 million in 28 days
Van Rooyen, who owns an impressive 63.94-percent stake in Trustco Group Holdings, ranks as one of Namibia’s richest men.
Fani Titi: South African businessman at the helm of billion-dollar Investec Group
South African businessman Fani Titi has emerged as a beacon of change within South Africa’s financial landscape.
Tunisian tycoon Mehdi Tamarziste’s stake in UBCI surges by $1.6 million
This recent surge firmly establishes Tamarziste’s position as one of Tunisia’s richest businessmen.
Royal family of Morocco gains $670 million from stake in Attijariwafa Bank
Members of Morocco’s Alaouite royal family own a 46.5-percent stake in the financial services group through Societe Nationale d’Investissement.
Neal Froneman says Sibanye will include Chinese partner in Mopani Copper Mines bid
Froneman emphasized that the partnership would materialize once negotiations concluded satisfactorily.
7 companies owned by Nigerian magnate Kola Karim
Under Karim’s leadership, Shoreline has emerged as a dominant force in Africa’s collaborative business landscape.