Top 5 African billionaires add $3.05 billion to their wealth in just 45 days
They have gained $3.052 billion in net worth since the start of the year.
Billionaires Africa
Elon Musk’s SpaceX secures license to launch Starlink in Rwanda
Musk’s Starlink provides global high-speed, low-latency broadband Internet.
Tech billionaire Gbenga Agboola’s Flutterwave to recover $52.5 million from Kenyan gov’t
Flutterwave is a financial technology company.
Nigerian entrepreneur Richmond Bassey’s Bamboo secures brokerage license from SEC
Bamboo is a cutting-edge investment-tech startup.
Ethiopian entrepreneur Dawit Abraham sells board game to Cape Town-based gaming startup
Qene Games is a game development studio.
Nigerian tycoon Temitope Lawani-linked Vivo Energy to acquire controlling stake in Engen
Lawani holds a direct 1.55-percent stake in Vivo Energy.
Nigerian auto magnate Innocent Chukwuma’s Innoson to sell vehicles to Jamaica
IVM was established in 2007.
Morocco’s second-richest man Othman Benjelloun gains $100 million
Benjelloun derives most of his wealth from his investment in BMCE Group.
Egypt removes multimillionaire businessman Safwan Thabet from terror list
habet is a well-known Egyptian businessman who founded and led Juhayna Food Industries.
Idrissa Nassa, Burkinabe banking mogul, announces Coris Bank’s ambitious pan-African expansion for 2023
Coris Bank has evolved into a key player in the West African financial services industry.
Adidas faces potential loss of $1.3 billion due to unsold Kanye West’s Yeezy stock
This follows the termination of its partnership with Kanye West.
Egyptian entrepreneur Karim Khashaba’s Yodawy hits milestone with $16 million funding from investors
Yodawy is a digital healthcare startup led by Egyptian entrepreneur Karim Khashaba.
Christo Wiese-linked retailer Steinhoff plummets by over $38 million as shares hit record low
Wiese is a South African billionaire and retail tycoon.
U.S.-Canadian billionaire Robert Friedland considers partner for DRC copper assets
Friedland is the founder of Ivanhoe Mines, a leading player in the mining and precious metals sectors.
Meet Egypt’s top five richest billionaires
These billionaires hold 6.1 percent of the country’s total private wealth.
Femi Otedola’s siblings, Ayokunle and Rotimi, invest over $3.6 million in Geregu Power shares
Ayokunle and Rotimi Otedola are siblings of billionaire Femi Otedola.