South African billionaire Nicky Oppenheimer’s net worth slumps by $100 million in 2022
Despite the slump in his net worth, Oppenheimer still ranks as the second-richest man in South Africa.
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Nigerian billionaire Femi Otedola’s Geregu Power completes listing on Nigerian Exchange
The power-generating company was acquired in 2013 by Otedola.
South Africa’s richest man Johann Rupert loses $1.05 billion in September
The billion-dollar drop in his net worth brings his year-to-date wealth loss to $3.55 billion.
South African exec Piet Mouton to pocket $5.2 million in interim dividends from Capitec Bank
Mouton’s 5.78-percent stake in the bank is worth $600 million.
Nigerian billionaire Femi Otedola’s power company eyes $579-million market cap
The company has an implied valuation of $579 million.
Africa’s richest man Aliko Dangote loses $400 million in September
His net worth plunged from $19.1 billion at the start of the month to $18.7 billion.
Tanzanian investor Hans Macha has gained nearly $1.5 million since beginning of 2022
Macha owns a total 1.9-percent stake in CRDB Bank.
Portuguese telecom group Sonaecom ends partnership with Angolan billionaire Isabel dos Santos
Dos Santos is the daughter of Angola’s former president.
South African billionaire banker Michiel Le Roux’s Capitec posts over $255 million in profit in H1 2022
Le Roux owns a sizable 11.41-percent stake in Capitec Bank.
Kenyan media mogul John Kimani acquires additional $1.4-million stake in Kakuzi
Kimani recently received approval to increase his ownership to just under 40 percent.
Swazi billionaire Natie Kirsh has now lost $640 million in 15 days
Kirsh is Eswatini’s richest man.
Namibian tycoon Quinton van Rooyen’s Trustco files lawsuit against Bank of Namibia
Van Rooyen owns 63.94 percent of Trustco.
South African exec Josua Malherbe loses $1.4 million from Remgro stake in 17 weeks
Malherbe owns a beneficial 0.21-percent stake in the investment holding.
Oprah Winfrey, Apple TV+ end multiyear content deal
In recent years, Winfrey has focused on her media empire.
Nigerian telecom tycoon Mike Adenuga-linked construction firm announces $69.6-million debt facility
Adenuga owns 25.1 percent of Julius Berger through Goldstones Estates.
Moroccan tech tycoon Hassane Amor’s Microdata posts $4.3 million in profit in H1 2022
Amor’s 56.17-percent stake in Microdata is valued at $50.5 million.