7 companies owned by America’s seventh-richest Black woman, Emma Grede
In the world of fashion and business, Grede stands as an inspiration and a testament to vision, determination, and innovation.
Billionaires Africa
South African banker Faisal Mkhize’s salary at Absa tops $1 million
Mkhize is a seasoned veteran renowned for his extensive knowledge within South Africa’s financial services sector.
5 companies owned by Nicky Minaj
Minaj is among the best-selling artists, selling over 100 million records globally. She’s the leading female rapper of the 2010s and one of the all-time greats.
South African billionaire Laurie Dippenaar loses $41 million in FirstRand stake
Presently, Dippenaar holds a 1.76-percent stake in FirstRand, or 98,726,988 shares.
One of Botswana’s richest men, Ramachandran Ottapathu, loses $2.3 million
As the co-founder of Choppies, Ottapathu owns a controlling 24.48-percent stake in the supermarket chain, totaling 316,353,058 ordinary shares.
Burkina Faso’s richest man in alleged bid to topple junta leader
Burkina Faso’s richest man Mahamadou Bonkoungou and the country’s leader Ibrahim Traore are said to be at war.
Nigerian billionaire Mike Adenuga to receive $1.65-million dividend from Conoil
Led by the visionary Mike Adenuga, Conoil has firmly established its dominance in Nigeria’s petroleum marketing arena.
Liquidators pick 10,000 members for payout from South African tycoon Cornelius Steynberg’s firm
This comes as a U.S. federal court ordered Cornelius Steynberg to pay $3.4 billion in restitution to victims of forex fraud.
U.S. group to earn $13.5 million in deal with Kenyatta family-linked lender, NCBA
Through their late patriarch’s estate, the Kenyatta family maintains a significant 13.2-percent stake in NCBA Group, equivalent to 217,497,023 ordinary shares.
South African-born billionaire Patrick Soon-Shiong loses $250 million
Despite the recent financial setback, Soon-Shiong’s influence in the medical field and his entrepreneurial spirit remain undiminished.
Nigerian billionaire Mike Adenuga’s oil firm to distribute $2.2-million dividend to shareholders
Under the astute leadership of Adenuga, Conoil has solidified its position as a dominant force in Nigeria’s petroleum marketing industry.
Moroccan pharma tycoon Lamia Tazi suffers $3-million loss from Sothema stake
Tazi, the CEO and chairperson of Sothema holds a substantial 8.4-percent stake in the leading healthcare company.
Gilbert Chagoury: Controversial billionaire awarded contract to construct Lagos-Calabar Coastal Highway
Back in 1971, Gilbert Chagoury and his younger brother, Ronald Chagoury, set the stage for their remarkable journey by founding the Chagoury Group.
Ugandan multimillionaire Mohammed Hamid faces loss of five-star hotel over $160-million debt
Hamid is the founder of Aya Group, which has interests in milling, food manufacturing, commodity trading and hospitality.
Egyptian businessman Hani Berzi loses over $12 million from Edita stake
Despite the recent slump in the market value of his stake, Berzi remains one of the richest investors on the Egyptian Stock Exchange.
South African exec Margaret Nienaber’s salary at Standard Bank amounts to $2.3 million
As one of the top figures in the group, Nienaber has made significant contributions to the remarkable financial achievements of Standard Bank Group.