South African tycoon Stephen Brookes’ Balwin Properties announces secondary listing on A2X Markets
Brookes owns a 36.08-percent stake in Balwin Properties.
African Billionaires
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.
Kenyan president taps steel tycoon Narendra Raval to lead national lottery taskforce
Raval was reported to have a net worth of $400 million in 2015.
Egyptian tycoon Hisham Talaat Moustafa’s group reaches milestone, garnering $72 million in profit
Moustafa’s stake in TMG Holding is worth $286.2 million.
Africa’s richest man Aliko Dangote’s wealth grows by $541 million despite Nigeria’s cash woes
Dangote’s net worth now stands at $19.2 billion.
Ten Black businesspeople in the U.S. worth knowing aside Tyler Perry, Oprah, and Rihanna
Black-owned businesses continue to thrive and deliver value to customers.