South African billionaire Johann Rupert gains $400 million in first week of 2023
Rupert derives most of his wealth from his 9.14-percent stake in Richemont
Billionaires Africa
Nigerian multimillionaire banker Herbert Wigwe sees stake in Access slump by $5.7 million
Herbert Wigwe owns a 4.51-percent stake in Access Holdings.
Egyptian billionaire families Sawiris, Mansour top Forbes list of wealthiest families in Arab world
The two families rank first and third, respectively.
Nigerian businessman Tony Elumelu invites African entrepreneurs to apply for $5,000 in seed capital
He emphasized the importance of not only personal success but also giving back to the community.
Court approves Algerian billionaire Issad Rebrab’s Cevital plans for giant tourist complex
The Algerian billionaire stepped down as CEO of Cevital in 2022.
Egyptian businessman Ahmed El-Sewedy’s firm to build industrial zone in Egypt’s new city
El Sewedy Electric is a multinational cable and electrical equipment manufacturer.
Tribunal denies investors $4.1 million in lawsuit linked to retail chain led by Kenyan tycoon, Atul Shah
Nakumatt Holdings started facing serious financial difficulties in 2016.
Nigerians now able to preorder Elon Musk’s Starlink service
SpaceX is just one of many ventures owned by Musk.
This Kenyan entrepreneur built a fintech platform that has processed over $1 billion in transaction
Kageni Wilson belongs to a new breed of African entrepreneurs.
Top holiday destinations for world’s richest individuals include luxurious lodges in Africa
Luxury safaris in Africa are popular among the world’s richest people looking for adventure.
Wealthy Kenyan banker Suresh Bhagwanji Shah acquires Nairobi Business Park
Suresh Bhagwanji Shah is the founder of I&M Holdings.
Ghanaian tycoon Joseph Siaw Agyepong to set up Rice Milling company
Agyepong is the founder of Jospong Group, a large Ghanaian conglomerate.
Patrice Motsepe’s ARM stake value jumps $212.5 million thanks to success on JSE
ARM is South Africa’s first Black-owned mining company.
Kenyan billionaire Shah family, other investors purchase Nairobi Business Park
The transaction’s value was not disclosed.
Femi Otedola’s Geregu Power gains $170.1 million following Afreximbank deal
Geregu Power is a major player in Nigeria’s power sector.
Meet Nigerian entrepreneur who secured $15 million to empower Africans to build wealth
Richmond Bassey is revolutionizing access to investment opportunities for Africans.