Moroccan tycoon Adil Douiri loses $763,100 in 27 days as Mutandis stock price declines
Mutandis is an industrial and commercial group focused on consumer goods in Morocco and Africa.
African Billionaires
Meet the five wealthiest businessmen in Morocco
Morocco is part of an elite group of five countries that account for half of Africa’s total private wealth.
Investors could have ‘cashed in big’ by purchasing shares in Strive Masyiwa’s Econet in early 2021
Zimbabwean billionaire Strive Masiyiwa’s telecom outfit is a top-performing company in 2021.
Zimbabwean tycoon John Moxon earns nearly $2 million in less than two months from Meikles Limited
Meikles is a Zimbabwe-based conglomerate engaged in agriculture, hotels and retail trading.
Tunisian tycoon Rached Horchani gains $5.2 million as BH Bank shares increase by double digits
BH Bank is a Tunisian integrated group that provides a wide variety of financial services.
Gemfields sees boost in share price despite South African mining mogul Christo Wiese’s recent resignation
Shares in Gemfields have reached their highest level in three years.
Moroccan auto mogul Hakam Abdellatif earns $8.4 million from his stake in Auto Hall in 56 days
Auto Hall is a Moroccan automotive group active in the distribution of multi-brand rolling stock in Morocco.
Nigerian politician Abubakar Sani Bello secures $86.64 million from IsDB to develop infrastructure projects
The funds will be used for constructing and upgrading the Minna-Bida Road in Niger State, Nigeria.
Ten ultra-wealthy Tunisian tycoons you’ve never heard of
Tunisian businessmen have accumulated significant wealth over the years from key companies central to the local economy.
Oil mogul Mike Adenuga earns $7.6 million as investors react to 213-percent increase in Conoil’s half-year profits
As of Sept. 24, shares in the company were trading at a record three-year high of $0.0596 per share.
Andries van Rensburg’s Libstar Holdings gains $14.6 million in two weeks despite 27.8-percent reduction in half-year earnings
Libstar is a South Africa-based company co-founded by Andries van Rensburg and Robin Smith in 2005.
Billionaires.Africa forms partnership with The Royal Office of His Highness Sheikh Ahmed Bin Faisal Al-Qassimi
We are pleased to announce our official partnership with The Royal Office of H.H. Sheikh Ahmed Bin Faisal Al-Qassimi.
Steve Curtis-led Caledonia Mining acquires Maligreen project in Zimbabwe for $4 million
Maligreen is a brownfield exploration opportunity with significant historical exploration and evaluation work.
Nasir el-Rufai blames Nigerian government for Aliko Dangote reneging on dairy cattle project: ICIR
Kaduna State Governor Nasir el-Rufai has accused the Nigerian government of getting in the way of the project.
Edo State Governor Godwin Obaseki signs MoU to develop Shoprite-anchored mall in Benin City
The project to construct the mall in the state capital comes after 12 years of failed attempts.
Kenyan tycoon Peter Munga earns nearly $1 million from Britam as shares rise by 20 percent
Britam Holdings is a leading regional insurer with a diversified financial services portfolio.