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With the acquisition of an additional 7.3 million shares in Transcorp in June, Awele Elumelu’s total holdings in the company now stand at an impressive 2,070,794,804 shares.
East Africa’s healthcare industry, Katongole, holds a significant 2.79-percent stake in CiplaQCIL.
This significant increase has solidified Zhanda’s position as Zimbabwe’s latest multimillionaire businessman.
Billionaires.Africa has identified and monitored five prominent companies held by the Kenyan Merali family.
Centum RE is a prominent property developer linked to Robert Kirubi and Mary-Ann Musangi, heirs to the late tycoon Chris Kirubi’s business empire.
Patel is one of the largest investors on the Nairobi Stock Exchange with a portfolio that has a current value exceeding $24 million.
As one of Africa’s richest individuals, Otedola continues to wield significant influence in Nigeria’s economic landscape.
In 2023, the Sunday Times Rich List pegged Steyn’s fortune at $3 billion, thanks to a portfolio of luxury hotels and insurance companies.
Ha Chow holds a 14.59-percent stake in ABC Banking Corp., making her the second-largest shareholder in the Port Louis-based financial services provider.
Sewela, the group CEO of Barloworld, holds a 0.23-percent minority stake in the South African industrial powerhouse.
As South Africa’s second-richest man, Oppenheimer continues to play a pivotal role in the country’s economic landscape.
Rebosis Property Fund is a real estate investment trust company.
Rudland is a famous Zimbabwean tycoon with interests in tobacco, logistics, financial services, and agriculture.
Shonubi is a co-founder and CEO of Sahara Group, a conglomerate with oil production, electricity generation, and oil trading operations.
Sawiris is venturing into Iraq’s real estate development sector after nearly two decades of focusing on the communications sector.
Brookes, a South African real estate mogul who founded Balwin Properties in 1996, owns a 36.08-percent stake in the company.