Bank linked to Tanzanian billionaire brothers partners with IFC for financial inclusion in East Africa
CRDB Bank is owned in part by Aunali and Sajjad Rajabali.
Billionaires Africa
Meet the four Black athletes on Forbes’ top 10 highest-paid athletes list
This year’s top 10 highest-paid athletes earned a total of $992 million.
Ugandan magnate Patrick Bitature seeks gov’t bailout through power plant sale
Bitature is the group CEO of Simba Group.
Christo Wiese-linked retailer, Steinhoff, gains 13-percent after market cap sheds $270 million
Wiese is a South African billionaire and retail tycoon who played a key role in the growth and expansion of Shoprite.
Meet 40-year-old Ghanaian investor who launched $115-million fund to invest in African fashion
Annan hopes to play a formative role in expanding the social capital of African countries.
Five dividend-paying shares owned by African billionaires you can buy
Investing in dividend-paying stocks can be a great way to generate passive income.
Egyptian billionaire Nassef Sawiris’ OCI to pay shareholders $730 million in 2023
Sawiris owns a 38.8-percent stake in OCI N.V.
Kenyan banking magnate Gideon Muriuki gains $1.4 million in six months
Muriuki derives the majority of his wealth from his two-percent stake in Co-operative Bank Group.
Meet Zimbabwean entrepreneur who secured $3 million in funding for his fintech startup this year
Prior to founding ImaliPay in September 2020, Tantenda Furusa worked as a senior manager at Cellulant.
Tanzanian billionaire Mohammed Dewji, Kenyan president meet to advance economic partnership
Dewji is the CEO of MeTL, a diversified group.
Nigerian VC Kola Aina exceeds fundraising goal, leads firm to close fund at $46 million
Aina is a key player in the African venture capital space.
Elon Musk’s Starlink to roll out service in Nigeria before end of 2022
Starlink is the satellite Internet service provided by SpaceX, Elon Musk’s space exploration company.
Christo Wiese-linked retailer Steinhoff loses $271.7 million on news of debt maturity extension
Wiese is a South African billionaire and retail tycoon.
Meet 40-year-old Black businesswoman who co-founded fashion brand with Khloe Kardashian
Grede is one of the world’s wealthiest Black businesswomen.
Ghanaian entrepreneur Gregory Rockson’s mPharma to expand footprint with $43-million investment
mPharma manages pharmaceutical inventories for African mom-and-pop pharmacies.
Meet South African entrepreneur who sold part of her restaurant chain to Famous Brands
Monzeglio’s passion for cooking and healthy eating inspired her to start catering vegan meals for clients after she left her job.