Energy mogul Eruani Azibapu seals $258-million deal for Nigeria’s newest refinery
Azibapu, speaking at the signing ceremony, expressed his unwavering commitment to Nigeria’s development and the broader African continent.
Billionaires Africa
Egyptian tycoon Ashraf Sabry’s Fawry posts over $17 million in profit in 9M 2023
Fawry for Banking Technology and Electronic Payments (Fawry) is a leading fintech company founded by Egyptian tycoon Ashraf Sabry.
South African tycoon Gary Nagle earns $6.1-million salary from Glencore in 2022
Beyond his executive roles, Nagle holds a 0.016-percent stake in Glencore, equivalent to 2,000,000 shares — a stake presently valued at $11.63 million.
South African tycoon Gerrie Fourie makes $16 million in 3 weeks
Fourie, the retail bank’s CEO, owns a 0.89-percent stake in Capitec Bank, or 1,027,673 ordinary shares.
Meet Patrice Motsepe’s sister: She is South Africa’s first Black mining entrepreneur
Radebe’s legacy is not just a testament to her entrepreneurial prowess but a symbol of breaking through the bedrock of adversity.
Tunisian tycoon Habib Essayeh’s Euro-Cycles stock surges, gaining $2 million
Essayeh owns a significant 33.6-percent stake in the bikemaker, making him the largest shareholder in Euro-Cycles.
Bank led by Kenyan tycoon Gideon Muriuki records $120 million in profit in 9 months
Muriuki, managing director of Co-op Bank, emphasized the bank’s commitment to sustainable growth, resilience, and agility.
Floyd Mayweather, Jr.: From boxing ring to million-dollar empire
Mayweather transcended boxing, becoming a business empire architect.
Zimbabwean tycoon July Ndlovu earns $7-million salary from Thungela in 2022
Under Ndlovu’s leadership, Thungela has evolved to the forefront of the market, excelling in the production and export of high-quality, low-cost thermal coal.
James Harden’s move to the Clippers propels career earnings above $330 million
Harden commenced the current season with a $1.27-million compensation from the Philadelphia 76ers before the trade to the Clippers.
MLB legend David Ortiz’s opulent $10.6M Miami mansion, fit for royalty
Step inside Big Papi’s former haven — a $10.6-million sports bar paradise! David Ortiz, renowned MLB icon and former Boston Red Sox…
South African tycoon Jannie Mouton makes $95 million in 22 days from Capitec stake
Mouton is renowned for co-founding Capitec Bank with Michiel Le Roux, and Riaan Stassen.
Ethiopia’s richest man Mohammed Al-Amoudi secures spot among world’s 300 richest individuals
Apart from his stake in Preem, Al-Amoudi maintains shares in Midroc Gold, Svenska Petroleum Exploration, Samir, and Okote Gold.
Egyptian businessman Hani Berzi gains $28.17 million in 20 days from Edita stake
Berzi, who founded Edita Food Industries in 1996 owns a significant 41.95-percent stake in the leading packaged food manufacturer.
Moroccan tycoon Anas Sefrioui’s stake in Casablanca-based firm gains $56 million
Sefrioui, the visionary founder of the Casablanca-based real estate group and one of Morocco’s most affluent individuals, owns a majority 64.1-percent stake in ADH.
7 businesses owned by South African business executive Philisiwe Sibiya
From Shingai Group to the transformative initiatives of the Shingai Foundation, each venture reflects Sibiya’s commitment to excellence and positive change.