Kenya’s second-largest landowners, Moi family, grapple with legal bills
The Moi family, which commands significant influence across business and politics, has emerged as one of Kenya’s richest families.
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Egyptian tycoon Medhat Khalil gains $11 million from investment in Raya Holding
This remarkable surge solidifies his position as one of Egypt’s multimillionaires and one of the richest investors on the Egyptian Exchange.
Egyptian billionaire Ghabbour family suffers $10.6-million loss from GB Corp stake
Founded by the late Egyptian auto tycoon Raouf Ghabbour in 1985, GB Corp has emerged as a leading automobile distributor and assembler in the Middle East and North Africa.
South African banker Arrie Rautenbach’s salary at Absa amounts to $2.4 million
Rautenbach owns a minority stake of 0.026 percent, amounting to 218,412 shares in the financial services giant.
South African tech mogul Jens Montanana rakes in $2 million in 24 days
Montanana, who is renowned for his leadership and contributions to the tech industry, founded Datatec in 1986.
Egypt’s richest man Nassef Sawiris loses $540 million in 25 days
Sawiris remains not only the richest man in Egypt but also the most affluent individual in the Arab world.
5 companies owned by Botswana businessman Farouk Ismail
Ismail, a renowned Botswana businessman, has reshaped the nation’s economy and the broader African business arena.
South African banker Sim Tshabalala earns $2.8-million salary from Standard Bank in 2022
Since assuming the mantle of CEO, Tshabalala has led Standard Bank Group to impressive financial milestones.
Nigerian billionaire Femi Otedola’s Geregu Power gains GCR’s confidence with stable outlook
Under Otedola’s guidance, Geregu Power has become a leading player in Nigeria’s power industry.
10 companies owned by Senegal’s richest man, Yerim Sow
Sow, Senegal’s richest man, is the founder of Teyliom Group.
South African executive scores big with $55-million gain from Aspen Pharmacare
South African executive Michael Guy Attridge (Gus Attridge) has witnessed a remarkable year-to-date gain of more than $55 million from his stake in Aspen Pharmacare
Michael Jordan’s net worth surges to $3.5 billion, surpassing Jay-Z and Oprah Winfrey
With this achievement, Jordan ascends to the position of the third-richest Black billionaire in the United States.
Serena Williams solidifies position among World’s richest as net worth nears $300 million
Looking toward the future, Williams is expanding her horizons beyond the tennis court.
Moroccan real estate tycoon Alami Lazraq gains $5.7 million from ADI stake
Lazraq, a Moroccan real estate mogul who founded Alliances Group in 1994, owns 51.7 percent of the group’s publicly traded subsidiary, ADI.
Kenyan entrepreneur Peter Njonjo’s Twiga adopts cost-cutting amid funding challenges
Njonjo highlighted the role of technology in this transformation, exemplifying it with an optic sensor installed at the Taveta farm.
Aiteo Group counters with concrete facts baseless allegations against its founder and CEO — Nigerian billionaire Benedict Peters
In a world where misinformation can spread at an alarming pace, the responsibility of credible journalism becomes paramount.