Nigerian billionaire Mike Adenuga strikes gold as Conoil stake skyrockets by $24 million
Adenuga has seen an impressive surge in his Conoil stake, solidifying his position among Africa’s wealthiest businessmen.
Billionaires Africa
CEO of Africa’s largest publicly listed firm took home $15.8 million in 2022
Since 2014, van Dijk has been leading Naspers, the largest publicly listed company in Africa.
South African billionaire Laurie Dippenaar’s stake in FirstRand plunges by $37 million
Dippenaar faces a significant decline in the valuel of his FirstRand stake amid the continuing market downturn.
Egyptian entrepreneur Ashraf Sabry’s Fawry reports $4.6-million profit in Q1 2023
Sabry’s Fawry surpasses expectations in Q1 2023 with a triple-digit profit surge, consolidating its position as a fintech leader.
Beyonce’s ‘Renaissance’ world tour set to generate whopping $2.1 billion in earnings
Her world tour is set to amass $2.1 billion, as Forbes predicts record-breaking ticket sales.
Kenyan tycoon Julius Mwale teams up in high-stakes $800-million Forbes acquisition
Mwale leads the historic Forbes acquisition, marking Africa’s rising influence in reshaping global perceptions.
Nigerian billionaire Kola Karim, Mota Engil win Abuja airport concession
Karim is a part owner of Mota Engil Nigeria, which is a joint venture between his Shoreline Group and Mota Engil.
Listed companies of Africa’s 3rd-richest billionaire report $146 million in profit over Q1 2023
Rabiu: Africa’s third-richest billionaire’s businesses thrive, generating $146.2 million profit in Q1 2023.
South African billionaire Michiel Le Roux bounces back with $200-million net worth surge
Le Roux stages remarkable comeback, reclaiming billionaire status with soaring net worth.
Angolan oil tycoon Joaquim David eyes 50,000bpd for Etu Energias
David is the founder of Etu Energias, the largest private oil company in the country.
The 10 most generous South African philanthropists of all time
From Allan Gray to Patrice Motsepe, meet the 10 most generous South African philanthropists ever.
Disgraced billionaire Carlos Sao Vicente fails to secure $2.6-million release from Singapore Bank
Disgraced Portuguese-Angolan billionaire businessman, Sao Vicente faces legal setback as Singapore court denies access to funds.
Egypt’s second-richest man Naguib Sawiris suffers $110 million loss in just nine days
Sawiris, Egypt’s second-richest billionaire, faces a net-worth decline amid subdued gold prices.
Kenyatta family’s stake in NCBA Group suffers $11.26-million decline in 2023
The Kenyatta family’s equity holdings in NCBA Group see a $11.26-million decline as stock market volatility persists.
Nigerian banker Herbert Wigwe invests $1.6 million to increase stake in Access Holdings
Wigwe has expanded his stake in Access Holdings, driving growth and confidence in the financial sector.
Zimbabwe’s richest man Strive Masiyiwa bounces back stronger, gains $1 billion in 2023
Masiyiwa’s net worth has soared by $1 billion in 2023.