Nigeria’s president to commission $19-billion refinery owned by Aliko Dangote
The project will strengthen the country’s downstream industry.
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South billionaire Koos Bekker gains $50 million as JSE hits all-time high
The South African billionaire controls 0.96 percent of Naspers.
Disgraced South African mogul Markus Jooste barred from boardrooms for 20 years
Jooste was found to have violated listing requirements.
America’s richest Black billionaire Robert Smith’s Vista Equity to buy Duck Creek for $2.6 billion
Smith founded Vista Equity Partners in 2000.
Oprah Winfrey remains richest Black woman in America with $2.5-billion net worth
Winfrey is a household name known for her hit talk show, “The Oprah Winfrey Show.”
Nigerian media mogul Raymond Dokpesi released following delay at Heathrow Airport
The mogul is the founder and former chairman of Daar Communications.
Dave Chappelle reveals African-American businessman Jay-Z’s investments in Ghana
Jay Z remains one of the few Black billionaires in the United States.
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
Egyptian billionaire families Sawiris, Mansour top Forbes list of wealthiest families in Arab world
The two families rank first and third, respectively.
Court approves Algerian billionaire Issad Rebrab’s Cevital plans for giant tourist complex
The Algerian billionaire stepped down as CEO of Cevital in 2022.
Nigerians now able to preorder Elon Musk’s Starlink service
SpaceX is just one of many ventures owned by Musk.
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.
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.