Cameroonian billionaire Paul Fokam initiates arbitration against DRC over Afriland subsidiary
Fokam is the majority shareholder of Afriland First Group.
Horn of Africa
South African executive Nishlan Samujh earns $5.4-million salary at Investec
Beyond his executive and governance responsibilities, Samujh holds a substantial 3.13-percent stake in Investec.
Somali tycoon Abdirashid Duale’s Dahabshiil inaugurates $100-million oil terminal
Duale, Dahabshiil Group’s CEO, emphasized the oil terminal’s transformative potential for the Horn of Africa.
7 companies owned by Ethiopia’s richest man, Mohammed Al-Amoudi
As one of the largest investors in Sweden, Al-Amoudi owns Preem, Svenska Petroleum Exploration, and Midroc Europe.
Ethiopia’s richest man Mohammed Al-Amoudi makes shocking comeback on Bloomberg’s 500 richest list
The recent upswing in Al-Amoudi’s wealth follows a temporary exit from the Bloomberg Billionaires Index.
Ethiopia’s richest man Mohammed Al-Amoudi drops off Bloomberg’s richest list
Despite the decrease in his net worth, Al-Amoudi remains a prominent figure in the Middle East and Africa.
Startup led by Ethiopian entrepreneur Kidus Asfaw makes waves, raises $3.3 million in seed round
Asfaw, the CEO of Kubik, emphasized the transformative potential of the investment in fueling the company’s growth.
Meet Sudanese-American entrepreneur, Iman Abuzeid: Fourth Black woman to build a billion-dollar company
Abuzeid’s interest in Incredible Health has propelled her net worth to $350 million, making her one of America’s richest Black women.
Ethiopia’s richest man Mohammed Al-Amoudi loses $300 million in just four days
Al-Amoudi holds the 500th spot on the Bloomberg Billionaires Index, with a net worth of $5.05 billion.
Abdirashid Duale’s Dahabshiil expresses concern over conflict in Sudan
The Duale-led group is concerned about the situation in Sudan and how it might affect its clients and customers.
Ethiopian billionaire Mohammed Al-Amoudi rakes in $160 million
Al-Amoudi’s net worth has risen by $160 million from $5.16 billion on March 16 to $5.32 billion on May 3.
Meet Sudanese-British billionaire Mo Ibrahim, with a $1.2-billion fortune
In 2005, the billionaire sold Celtel to Kuwait’s Mobile Telecommunications Co. for $3.4 billion.
Meet Dawit Abraham: Ethiopian entrepreneur revolutionizing African gaming industry
His journey as an Ethiopian entrepreneur is a story of hard work, innovation, and a passion for creating world-class products.
Somali mogul Abdirashid Duale’s Dahabshiil spearheads fund mobilization for drought relief
Duale and Dahabshiil are leading efforts to assist those in need, while much of the attention is on foreign aid.
Somali tycoon Abdirashid Duale receives recognition for supporting women’s entrepreneurship
Duale and Dahabshiil’s recent recognition comes after they received two Global Good Governance awards from Cambridge IFA.
Ethiopian billionaire Mohammed Al-Amoudi suffers $460-million setback following weeks of wealth gains
Al Amoudi’s stake in Preem has lost almost $700 million this year.
