Nigerian billionaire Abdul Samad Rabiu’s BUA Cement smashes records, surpasses $210-million profit in 2022
BUA Cement Plc is one of Nigeria’s leading cement companies.
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Zimbabwean tycoon Paddy Zhanda amasses $2.17-million fortune in less than two months of 2023
Zhanda owns a significant 8.08-percent beneficial stake in Masimba Holdings.
Tanzanian billionaire Rostam Aziz pledges cheaper cooking gas amid $2.3-billion plant launch
Aziz was named the first dollar billionaire in Tanzania by Forbes in 2013.
Egyptian tycoon Ashraf Sabry’s Fawry joins forces with Taiwanese tech giant for seamless payment solutions
Fawry is a leading fintech company.
Kenyan tech entrepreneur Paul Kimani takes startup to new heights with $2.7-million pre-Series-A funding
Kimani’s journey with Workpay is an inspiring example of how African tech startups can make a global impact.
Zimbabwean mogul John Moxon gains $6.4 million in under 60 days from stake in Meikles
Moxon ranks as one of the richest businessmen in Zimbabwe.
Swazi billionaire Natie Kirsh’s net worth takes sharp dive, losing $290 million in just 40 days
Kirsh’s net worth has dropped from $7.61 billion to $7.32 billion.
Meet Victor Odili: Nigerian shipping tycoon with $430 million stake in MTN Nigeria
Odili ranks as one of Nigeria’s richest businessmen.
Egyptian billionaire Samih Sawiris leads $385-million investment to transform Morocco’s hospitality industry
Sawiris is a leading Egyptian billionaire and a member of the wealthy Egyptian Sawiris family.
Abdul Samad Rabiu reclaims title of fourth-richest man in Africa with $700-million net worth surge
Rabiu’s net worth has increased by more than $700 million in the past 24 hours, from $7.1 billion to $7.8 billion.
South African billionaire Christo Wiese-linked Steinhoff settles multi-million dollar lawsuit with Austrian firm
In 2017, Wiese was Steinhoff’s largest shareholder.
Nigerian banking tycoon Jim Ovia rakes in $14.87 million in just 54 days from Zenith Bank stake
Ovia owns a sizable 16.2-percent stake in Zenith Bank.
Billionaire Robert Smith’s Vista Equity invests $16.6 million in Tyler Technologies
Vista Equity Partners is a global technology investment firm.
South African-born billionaire Patrick Soon-Shiong’s ImmunityBio executes $50-million equity financing
Soon-Shiong owns a 76-percent stake in ImmunityBio, a late-stage immunotherapy company.
Adidas’ debt rating takes a hit as Kanye West’s departure impacts earnings
Since Adidas severed ties with Kanye West in October 2022, his net worth has declined by $1.6 billion.
South African mogul Adrian Gore’s Discovery suffers 10-percent decline in earnings
Gore owns a sizable 7.48-percent stake in Discovery Limited.