Nigerian tycoon Wole Oshin makes another $1.4 million from Custodian stake
Custodian Investment surges 10 percent on NGX as market capitalization tops $55 million.
Billionaires Africa
South African executive Ivan Dittrich earns $5.2-million salary from Datatec in 2023
Dittrich also received a long-term incentive award of $4.1 million from Datatec as a result of his dedication to the tech group.
Zimbabwe’s richest man Strive Masiyiwa grants 11,100 scholarships to vulnerable children
Masiyiwa is a trailblazer in Africa’s mobile telecom industry, leading Econet Global, a digital services provider in Sub-Saharan Africa.
South African businessman Barry Swartzberg gains $14.6 million in 32 days
Swartzberg owns a 3.92-percent stake in Discovery Limited — this stake amounts to a total of 25,778,420 ordinary shares in the leading financial services group.
Burkinabe tycoon Idrissa Nassa’s Coris Bank faces suspension in SocGen asset acquisition
The Burkinabe tycoon’s financial move is now under scrutiny, raising questions about the future of this high-profile business deal.
Nigerian gambling magnate Kessington Adebutu gains $3.7 million from Wema Bank stake
Adebutu, the founder of Nigeria’s oldest gaming company, Premier Lotto Limited, owns a 28.09-percent stake in Wema Bank through Neemtree Limited.
Michael Jordan ‘no longer’ among world’s top 1,000 richest billionaires
On Oct. 5, the bar for entry into the world’s top 1,000 richest people was $2.9 billion.
Aliko Dangote expects $20-billion refinery to reach 650,000 bpd capacity by 2024
The Dangote Oil Refinery is set to receive its first cargo of 6 million barrels from the Nigerian National Petroleum Corporation Limited (NNPC).
10 companies owned by Algeria’s richest man Issad Rebrab
Billionaires.Africa has documented companies and holdings owned by Rebrab — revealing the expansive breadth and scale of his business empire.
South African billionaire Ivan Glasenberg’s net worth soars by $590 million
Glasenberg presently occupies the 281st spot on the list of the world’s wealthiest individuals.
Egyptian tycoon Hend El-Sherbini suffers $24-million loss from IDH investment
El-Sherbini owns a significant 26.71-percent stake in IDH — this translates to 160,250,305 ordinary shares in the company.
South African tycoon Adrian Gore makes $51 million in one month from Discovery shares
As the founder of Discovery Limited, Gore owns a 12.96-percent stake in the group, which amounts to 87,267,598 ordinary shares.
5 companies owned by South African businessman Gus Attridge
At the helm of Aspen Pharmacare, Attridge has made significant contributions to Africa’s healthcare sector.
Nigeria’s richest banker Jim Ovia’s Zenith Bank announces expansion into France
Founded in 1990 by Ovia, Zenith Bank has become a leading lender not only in Nigeria but across anglophone West Africa.
Roz Brewer, one of world’s highest-ranking Black executives, loses $3.7 million
Brewer made history on March 15, 2021, becoming the first Black executive to helm an S&P 500 company as CEO of Walgreens Boots Alliance
Merline Saintil shatters glass ceilings as a Black woman in global tech leadership
Saintil empowers tech giants with her unique, visionary leadership approach.