Egyptian billionaire Nassef Sawiris splashes $5.8 million to acquire stakes in Portuguese football club
Sawiris is one of Europe’s wealthiest football club owners.
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Kenyan tycoon Suresh Bhagwanji Shah gains $1.4 million in 46 days
Shah is the founder of I&M Holdings.
Meet the first Black billionaire who rebuilt his wealth after costly divorce settlement
As the first Black billionaire, Johnson continues to attract capital and create value for investors.
Billionaire businessman Michael Jordan donates $10 million to Make-A-Wish for 60th birthday
Jordan has been supporting Make-A-Wish since 1989.
Steven Bartlett, one of Europe’s most influential entrepreneurs, is investing $100 million in female-founded firms
In 2022, Bartlett made history as the youngest-ever Dragon on BBC’s hit show, “Dragon’s Den.”
Mauritian multimillionaire Arnaud Lagesse’s IBL acquires Kenyan drugs distributor Harley’s
IBL Group is a leading conglomerate with more than 200 brands.
Billionaire Sean ‘Diddy’ Combs reveals rebranding of Combs Enterprises to Combs Global
Since 2019, his net worth has risen from $740 million to $1 billion.
Egyptian businessman Ahmed El-Sewedy’s firm plans to introduce innovations in Uzbekistan’s energy sector
Elsewedy Electric is a multinational cable and electrical equipment manufacturer.
South African billionaire Raymond Ackerman and family lose $96 million as Pick ‘n Pay shares bleed on JSE
Ackerman and his family own a 25.53-percent stake in Pick ‘n Pay.
Fintech firm owned by Robert Smith’s Vista Equity explores $7-billion banking unit sale
Smith is a successful private equity investor and philanthropist.
Malagasy businessman Hassanein Hiridjee’s AXIAN launches new investment unit
AXIAN Group is a pan-African conglomerate.
Sudanese-British billionaire Mo Ibrahim’s net worth surges by $100 million
Ibrahim holds the distinction of being both a Black British billionaire and the wealthiest Sudanese businessman.
Mauritian tycoon Arnaud Lagesse’s IBL Group backs Qotto’s $8-million Series-A equity-debt round
Lagesse’s group is investing in solar kit provider Qotto.
South African billionaire Laurie Dippenaar gains $16.8 million from FirstRand shares
Dippenaar owns 1.76 percent of FirstRand, or 98,726,988 shares.
Top 5 African billionaires add $3.05 billion to their wealth in just 45 days
They have gained $3.052 billion in net worth since the start of the year.
Elon Musk’s SpaceX secures license to launch Starlink in Rwanda
Musk’s Starlink provides global high-speed, low-latency broadband Internet.