Meet Sudanese-British billionaire Mo Ibrahim, with a $1.2-billion fortune
In 2005, the billionaire sold Celtel to Kuwait’s Mobile Telecommunications Co. for $3.4 billion.
Billionaires Africa
Mohamed Al Fayed’s net worth surges by $100 million in 60 days
Al Fayed’s net worth has risen by $100 million since the start of 2023.
Kenyan tycoon James Mwangi gains $7.28 million in 18 days from stake in Equity Group
Mwangi owns a significant 3.38-percent stake in Equity Group.
Meet Dawit Abraham: Ethiopian entrepreneur revolutionizing African gaming industry
His journey as an Ethiopian entrepreneur is a story of hard work, innovation, and a passion for creating world-class products.
Nigerian entrepreneur Damilola Olokesusi leads ride-sharing platform to raise $4 million
Since its inception in 2016, Shuttlers has raised a total of $5.6 million from institutional investors.
Kenyan businessman John Kimani-linked Kakuzi creates 188 new jobs in 2022
Kakuzi Plc is an agricultural cultivation and manufacturing firm.
Strive Masiyiwa’s Econet Zimbabwe to raise $30.3 million to redeem outstanding debentures
Masiyiwa commands a significant equity holding of 52.85 percent in Econet Zimbabwe.
South African billionaire Saltzman family gains $42 million in 25 days
The Saltzman family owns a beneficial 45.2-percent stake in Dis-Chem Pharmacies.
Egyptian mogul Khaled Mahmoud’s MM Group records $12 million in profit in 2022
Mahmoud owns a significant 10.13-percent stake valued at nearly $13 million.
Nigerian multimillionaire MMA fighter Israel Adesanya packs $2-million payout
Adesanya will earn $2 million, which includes a $1-million guaranteed payout and additional sponsorships and pay-per-view earnings.
Hend El-Sherbini’s IDH hit by profit decline, sees earnings dip below $18 million
El-Sherbini owns a significant 25.5-percent stake in Integrated Diagnostics Holdings.
John Kimani-linked NMG set to reward shareholders with $2.14 million in dividends
Kimani owns a significant 2.35-percent stake in Nation Media Group.
Nigerian entrepreneur Ikenna Nzewi is disrupting Africa’s food industry
Nzewi has seen incredible success in transforming the sale of high-quality raw materials to food factories in Africa.
Led by Kenya’s richest families, NCBA pours $26 million into regional units
NCBA Group is partially owned by some of Kenya’s richest families.
Gold magnate Ketan Patel gains $1.17 million from stake in Tanzania-based miner
Patel presently holds a 4.22-percent stake in the Tanzania-based mining company.
Ahmed Ezz’s steel firm beats profit expectations, rakes in over $210 million
Ezz owns a controlling 60.7-percent stake in Ezz Steel.