Tanzanian billionaire Rostam Aziz pledges cheaper cooking gas amid $2.3-billion plant launch
Aziz was named the first dollar billionaire in Tanzania by Forbes in 2013.
East Africa
Kenyan tech entrepreneur Paul Kimani takes startup to new heights with $2.7-million pre-Series-A funding
Kimani’s journey with Workpay is an inspiring example of how African tech startups can make a global impact.
Tanzanian billionaire Rostam Aziz receives approval to set up gas plant in Kenya
The license sets the stage for a billionaire brawl between Aziz and Mohamed Jaffer
Kenyan tycoon Chris Kirubi’s heirs gain $1.4 million from stake in investment firm, Centum
After Kirubi’s passing, his son and daughter inherited 80 percent of his fortune.
Kenyan businessman John Kimani gains $1.6 million from Kakuzi shares
Kimani controls a 34.54-percent stake in Kakuzi.
Meet seven African billionaires absent from Forbes’ 2023 billionaires list
The total number of African billionaires stands at 26.
Kenyan entrepreneur Kagure Wamunyu’s startup, Jumba, raises $4.5 million
Wamunyu founded Jumba in 2022.
Meet Kenyan tech entrepreneur who is revolutionizing U.S. real estate with AI-Powered platform
Sakawa is spearheading the democratization of conversational AI.
Kenyan president taps steel tycoon Narendra Raval to lead national lottery taskforce
Raval was reported to have a net worth of $400 million in 2015.
Kenyan tycoon Suresh Bhagwanji Shah gains $1.4 million in 46 days
Shah is the founder of I&M Holdings.
Mauritian multimillionaire Arnaud Lagesse’s IBL acquires Kenyan drugs distributor Harley’s
IBL Group is a leading conglomerate with more than 200 brands.
Malagasy businessman Hassanein Hiridjee’s AXIAN launches new investment unit
AXIAN Group is a pan-African conglomerate.
Mauritian tycoon Arnaud Lagesse’s IBL Group backs Qotto’s $8-million Series-A equity-debt round
Lagesse’s group is investing in solar kit provider Qotto.
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.
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.