Nigerian entrepreneur Adesuwa Okunbo Rhodes’ firm secures $20 million from Visa, MasterCard
Rhodes founded Aruwa Capital with the goal of closing the investment gap affecting women-owned businesses in Africa.
Billionaires Africa
7 richest Black women in the United States in December 2022
It was a successful year for Black businesswomen in the United States.
Kenyan tycoon Julius Mwale discusses investing with 19 African presidents
He is also in talks with Senegal to build Africa’s longest bridge.
Meet 26-year-old Nigerian entrepreneur who is the youngest Black woman to raise $10 million
Olamide Olowe’s Topicals is Sephora’s fastest-growing skincare brand.
Egyptian entrepreneur Gohar Said’s Suplyd closes $1.6-million funding round
Suplyd was founded to address the challenges faced by HORECA industry in MENA.
Nigeria’s second-richest billionaire Abdul Samad Rabiu’s net worth surpasses $8.1 billion
Rabiu is Nigeria’s second-richest man and one of the African continent’s wealthiest businessmen.
Telecom billionaire Mike Adenuga loses $9 million in 200 days from stake in Conoil
Adenuga holds a majority stake in the oil marketing business.
Africa’s richest man Aliko Dangote’s firm receives approval to buy back shares worth $917 million
Dangote Cement is Africa’s largest cement producer.
Led by South African tycoon Shameel Joosub, Vodacom completes Vodafone Egypt acquisition
Joosub said the deal represents an important milestone for Vodacom Group.
Mauritian tycoon Arnaud Lagesse’s IBL eyes new deal in East Africa
IBL is a renowned, multifaceted Mauritian conglomerate.
Centum, controlled by family of late tycoon Chris Kirubi, prepares to repay dollar-denominated loans
Kirubi passed away last year.
Nigerian energy magnate Igho Sanomi receives maiden Golden Heart Award from GIPLC
Sanomi is known for his humanitarian efforts.
Controlled by Kenya’s richest families, NCBA Group lends Mauritian firm $10.7 million
NCBA’s loan to Grit now represents more than 2.27 percent of the real estate company’s overall debt.
South African billionaire Stephen Saad’s Aspen secures $30 million grant to make vaccines
Aspen Pharmacare Holdings Limited is a South African multinational pharmaceutical holding company.
Serena Williams launches new company to tap into billion-dollar sports recovery industry
Her net worth has risen by $20 million since the start of the year.
Kenyan mogul Baloobhai Patel to restructure holdings in NSE-listed companies
The successful businessman also has stakes in Williamson Tea Kenya, Diamond Trust Bank Group, and Safaricom.