Malagasy businessman Hassanein Hiridjee’s AXIAN Group launches 1.8 MW solar power plant
AXIAN Group is now recognized as Madagascar’s top energy producer.
Billionaires Africa
Kenyan businessman Paul Ndung’u challenges expulsion from Sportpesa
The move follows a special resolution by Sportpesa CEO Ronald Karauri and other key stakeholders at Pevans East Africa.
Somali mogul Ismail Ahmed shocks industry as Zepz surpasses $800 million in funding
Zepz has continued to thrive, with its total funding increasing from $699.7 million to $800 million in two years.
South African businesswoman Noluthando Gosa suffers $4.2-million loss in 31 days
Gosa owns a 6.15-percent stake in ArcelorMittal South Africa.
Africa’s richest man Aliko Dangote has now gained $411 million so far in 2023
Dangote derives most of his wealth from an 86-percent stake in Dangote Cement.
Tech billionaire Olugbenga Agboola’s Flutterwave set to launch North African operations
Flutterwave is a leading payment technology provider in Africa.
Led by Sophia Alj, Ismael Belkhaya, Chari secures $1 million from Orange Ventures
Chari is a Moroccan e-commerce and fintech startup.
Kenyan sugar mogul Jaswant Rai takes on Kakuzi’s dominance with entry into avocado farming
Rai ranks as one of Kenya’s richest businessmen.
Nigerian billionaire Abdul Samad Rabiu’s BUA Group flags off $252-million highway project
BUA Group is a leading infrastructure conglomerate.
Nigerian tech tycoon Leo Stan Ekeh secures $184-million contract for 2023 National Census
Ekeh is the founder of Zinox Group.
Tanzanian billionaire Mohammed Dewji to take on Pepsi, Coca-Cola, other world leading brands
Dewji has expressed his readiness to challenge major beverage companies.
This Ghanaian entrepreneur led her startup to raise $13 million from investors in January
Addy is a Ghanaian entrepreneur who is breaking down barriers.
Nigerian oil tycoon Jide Omokore acquitted of $1.6-billion fraud
Omokore is the chairman of Atlantic Energy Drilling Concepts Nigeria Limited.
Nigerian energy mogul Abdulwasiu Sowami’s Ardova to delist from NGX
Sowami owns 74.1 percent of the oil marketing firm’s issued shares.
South African mogul Neal Froneman-led Sibanye-Stillwater gets permit for Finnish lithium project
Froneman holds a 0.074-percent stake in the precious metal mining group.
South African businessman Colin Rezek-led Vantage closes $377-million fourth mezzanine fund
Vantage Capital made its groundbreaking foray into mezzanine finance in 2006.