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.
Billionaires Africa
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.
Gideon Muriuki’s Co-op Bank joins Kenya’s top employers with more than 5,200 employees
Thanks to its strategic expansion initiatives spanning the region, the Muriuki-led group has now positioned itself among Kenya’s leading employers.
South African-born billionaire Patrick Soon-Shiong YTD gains surpasses $1 billion
Soon-Shiong’s 80 percent ImmunityBio stake powers billion-dollar resurgence.
America’s richest Black man Robert F. Smith loses $600 million in 19 days
Smith slips; trails KKR’s Henry Kravis on the Bloomberg Billionaires Index.
Zimbabwean tycoon John Moxon’s stake in Meikles surges above $100 million
This $18.4-million surge firmly cements his place as one of the leading investors on the Zimbabwe Stock Exchange.
Africa’s richest man Aliko Dangote’s refinery to commence production in December
The IEA recently commended Dangote and his refinery as a transformative force poised to drive oil demand growth in the coming decade.
Moroccan tycoon Adil Douiri faces $1.2-million loss in Mutandis shares in 37 days
Douiri, a leading politician and businessman who founded Mutandis in 2008, owns a 6.9-percent stake in the Casablanca-based consumer goods firm.
10 Nigerian billionaires who made their fortune pumping oil
Step into the world of Nigeria’s elite oil magnates.
10 Nigerian entrepreneurs who made a fortune in fashion
From haute couture to sustainable fashion, these luminaries are making global waves.
Africa’s first Black billionaire Patrice Motsepe’s ARM acquires stake in South African nickel mine
This acquisition aligns with Motsepe’s earlier announcement of ARM’s proactive pursuit of valuable lithium and copper assets.
North Africa’s richest man Nassef Sawiris gains $350 million in 12 days
This solidifies his standing as one of Africa’s wealthiest individuals. His year-to-date gains now total $576 million.
Zimbabwean tycoon Kudakwashe Tagwirei’s GDI seeks $500 million for platinum project
GDI is 50-percent owned by Landela Mining Venture, a subsidiary of Sotic International Ltd., linked to Kudakwashe Tagwireyi.