From Mauritius to Nigeria, 25 family businesses to look out for in Africa
Here is some key information about how they began and the value that they are adding to the continent.
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Nigerian pharma tycoon Stella Chinyelu Okoli to manufacture active pharmaceutical ingredients
Her company Emzor is a leading pan-African manufacturer and distributor of medical supplies.
Tunisian director Khaled Fakhfakh earns $1.1 million as BIAT shares soar by 21 percent in 153 days
Shares in the bank have increased by double digits since the start of the year.
Nigerian polyurethane tycoon Samuel Bolarinde sees his wealth surge by $12.1 million this year
Since January, the share price of Bolarinde’s Vitafoam Nigeria has been on the rise.
Egyptian tycoon Hend El-Sherbini loses $12.2 million in 52 days, as shares retreat from record two-week high
This loss follows a $39.8-million increase in the market value of her stake between March 3 and July 7.
The 20 richest Moroccan investors on the Casablanca Stock Exchange
The Casablanca Stock Exchange is one of Africa’s top exchanges.
The 15 richest people on the Stock Exchange of Mauritius
With a near $9-billion market capitalization, the Stock Exchange of Mauritius is one of Africa’s most vibrant.
The 10 richest investors on the Uganda Securities Exchange
For an economy with a GDP of $37.4 billion, the Ugandan bourse is one of the most undervalued.
The five richest people on the Malawi Stock Exchange
Research is based on figures derived from investment agencies, annual reports and confirmations from capital market registrars.
The 20 richest investors on the Botswana Stock Exchange
The Botswana Stock Exchange has just 31 equity listings and 49 bond listings.
Nigerian billionaire Abdul Samad Rabiu donates $4.8 million to construct University College of Medical Sciences in Sokoto
The ASRi is the philanthropic arm of BUA Group.
Egyptian Ghabbour family gains $32.9 million in 57 days as GB Auto shares soar
The gain in the family’s equity stake came off a double-digit increase in the company’s shares.
Joshua Oigara-led KCB Group acquires Rwanda bank, Banque Populaire du Rwanda
The move increases the group’s market share in the Rwandan retail and SME banking sector.
Kenyan top executive Jeremy Awori receives $850,800 in compensation from Absa Bank Kenya
Awori has been the commercial bank’s managing director since 2012.
Aga Khan IV’s Nation Media Group posts $2.6-million mid-year profits as revenues see sharp recovery
The triple-digit surge in profits came off a 14-percent increase in revenue.
Kenyan tycoon Andrew Ndegwa earns $1.4 million as NCBA shares rise above 25-shilling mark
NCBA Group Plc is an East African financial services conglomerate headquartered in Nairobi, Kenya.