Namibian businessman Koos Brandt rakes in nearly $4 million from Capricorn share
The market value of Brandt’s stake in Capricorn has risen by $3.96 million this year.
African Billionaires
South African billionaire Patrice Motsepe donates $1.64 million to assist students struggling with debt
Motsepe is a prominent figure in Africa, renowned as both a top philanthropist and a billionaire.
Tony Elumelu urges African entrepreneurs to invest in businesses to spur growth and employment
Elumelu is the founder of the Tony Elumelu Foundation and chairman of the United Bank for Africa.
Ghanaian businessman Daniel McKorley’s McDan Group procures shipping vessels and cargo planes
McKorley is a well-known businessman and the founder and CEO of the McDan Group of Companies.
South African tycoon Stephen Brookes’ Balwin Properties announces secondary listing on A2X Markets
Brookes owns a 36.08-percent stake in Balwin Properties.
Egyptian billionaire Nassef Sawiris overtakes Abdul Samad Rabiu as Africa’s fourth-richest man
Since the start of the year, Sawiris’ net worth has risen by $200 million.
America’s richest Black billionaire Robert F. Smith’s net worth surges by $50 million
Smith is the founder of one of the biggest U.S. tech-focused private equity firms, Vista Equity Partners.
Kenyan businessman John Kimani gains $1.6 million from Kakuzi shares
Kimani controls a 34.54-percent stake in Kakuzi.
Meet 10 outstanding female managers from West Africa
These women are leading the way in sectors ranging from finance to mining and agri-food.
Meet seven African billionaires absent from Forbes’ 2023 billionaires list
The total number of African billionaires stands at 26.
Kenyan entrepreneur Kagure Wamunyu’s startup, Jumba, raises $4.5 million
Wamunyu founded Jumba in 2022.
Meet Kenyan tech entrepreneur who is revolutionizing U.S. real estate with AI-Powered platform
Sakawa is spearheading the democratization of conversational AI.
South African billionaire Michiel Le Roux loses $104 million in 38 days from Capitec stake
Le Roux is a 73-year-old South African billionaire and co-founder of Capitec Bank.
Meet the late Reginald Lewis, the first Black businessman to build a billion-dollar company
With a net worth of $400 million in 1993, Forbes listed Lewis as one of the 400 richest Americans.
Fintechs led by Ham Serunjogi, Favor Ori help Elon Musk’s Starlink in processing over $400,000
Serunjogi announced that users in Nigeria have already spent over $100,000 on their SpaceX Starlink kits using Chipper Cash Visa Cards.
Somali tycoon Abdirashid Duale sends aid to Turkey-Syria earthquake victims as death toll crosses 44,000
Duale is recognized for his charitable contributions and support of vulnerable Somalis.