Egyptian mogul Hassan Allam’s Thales forges alliance for digital advancement in the Middle East
Hassan Allam Holding boasts an impeccable reputation in the engineering, procurement, construction, building materials, and utilities industries.
Hot News
One of Malawi’s richest men, Thom Mpinganjira loses $13 million in 83 days
Mpinganjira, founder of the FDH Bank, owns a 40.7-percent indirect stake in the Blantyre-based lender.
How Michael Jordan became the wealthiest athlete ever with $3-billion Charlotte Hornets sale
Michael Jordan’s Hornets sale redefines the intersection of sports and financial success.
Steve Stoute pioneers modern branding, cultural fusion
Stoute reshapes branding and culture with strategic, innovative ventures.
Peter Thiel’s Palantir Signs $413M Deal to Revamp UK’s NHS Amid Privacy Concerns
Palantir’s NHS Contract: Transforming Health Data Amidst Rising Concerns
Nigerian billionaire Femi Otedola sells 1 million shares in Geregu Power
Femi Otedola executed a cross deal on the Nigerian Exchange via his company, Amperion Power Distribution Company Limited.
Africa’s first Black billionaire Patrice Motsepe hit by $100-million loss in 8 days
Motsepe became the continent’s first Black billionaire in 2008 thanks to a fortune amassed in the mining industry through ARM.
Cameroonian entrepreneur Jean Lobe Lobe leads startup to raise $2.5 million
Lobe founded the Cameroonian e-health startup in 2020 with the aim to connect the African health ecosystem and make health services and information available.
Nedbank welcomes South African banker Jason Quinn as chief executive
Quinn joins Nedbank from Absa Group, where he served as the financial director of both Absa Group and Absa Bank.
Moroccan PM Aziz Akhannouch suffers $30-million loss from Afriquia Gaz stake
Akhannouch indirectly owns shares in Afriquia Gaz SA and Maghreb Oxygene through the multibillion-dollar conglomerate Akwa Group.
South Africa’s second-richest man gains $750 million in November
With his fortune pegged at $9.33 billion, Oppenheimer now ranks as the world’s 241st richest individual.
Kampala court halts bid by struggling Ugandan tycoon to reclaim assets mortgaged to South African creditors
Prior to the recent ruling, the International Chamber of Commerce Court of Arbitration ordered Bitature, his wife, and their companies to pay a total of $65.7 million.
Meet the young Black entrepreneur behind East London’s £100,000 media literacy initiative
Bejay Mulenga MBE, a creative entrepreneur with a mission, is empowering young people from low-income backgrounds with media literacy skills and opportunities.
Tyler Perry’s famous ‘Diary of a Mad Black Woman’ mansion sold at auction
Perry’s Atlanta estate from famed film auctioned to new owner.
Egyptian billionaire Ahmed Ezz rakes in $57.5 million in November
Egyptian billionaire Ahmed Ezz’s stake in Ezz Steel surpasses $830-million mark.
South African banker Anel Bosman earns $1.7-million salary from Nedbank in 2022
Bosman, a veteran in the banking industry, boasts decades of experience in South Africa’s financial services sector.