African-American comedy mogul Kevin Hart to open plant-based restaurants in LA
The first Hart House will open this summer in Hollywood.
Latest News
Neal Froneman’s Sibanye-Stillwater to restart South African gold operations
The news comes after the group signed a three-year wage agreement with its gold mine workers.
Nigerian billionaire Abdul Samad Rabiu overtakes telecom mogul Mike Adenuga in Forbes ranking
Rabiu is now Africa’s fifth-richest man.
Malagasy tycoon Hassanein Hiridjee’s AXIAN invests in Egyptian tech fund
Hiridjee controls AXIAN, one of Madagascar’s largest conglomerates.
Mediclinic rejects takeover bid by billionaire Johann Rupert’s Remgro and MSC
Remgro and MSC offered about $4.3 billion for Mediclinic, a South African hospital group.
Controversial South African tycoon Hamilton Ndlovu banned from doing business with state
Ndlovu made a fortune through controversial PPE contracts.
LSE lauds Nigerian energy mogul Bryant Orjiako’s achievements at Seplat Energy
The LSE’s statement comes just a few weeks after Orjiako retired as chairman.
South African businessman Barry Swartzberg pledges $52 million in shares as security for $12.2-million obligation
Swartzberg is prohibited from selling the pledged shares.
Construction firm owned by Egypt’s wealthy Sawiris family to build industrial park
Nassef Sawiris owns 28.97 percent of the multinational construction group, or 33,825,323 shares.
Aliko Dangote suffers $157-million loss in single day as Dangote Cement stock falls
Dangote is the founder of Dangote Industries Limited, a Nigerian conglomerate with diverse interests.
Somali tycoon Abdirashid Duale’s Dahabshiil wins UK Global Good Governance award
Duale said the awards highlight the company’s socioeconomic development work.
Eight African billionaires make Sunday Times UK Rich List
Among them are Zimbabwean telecom billionaire Strive Masiyiwa and Swazi retail and property mogul Nathan “Natie” Kirsch.
Cosmetics billionaire Rihanna to launch skincare brand Fenty Beauty into Africa
Rihanna is the 1,729th richest person in the world.
Tanzanian billionaire Rostam Aziz lobbies AfDB to increase agriculture funding
The tycoon’s appeal was intended to assist the country in becoming a major food exporter.
Wealth among Africa’s HNWIs will reach $3 trillion by 2031, new report reveals
Total private wealth in Africa is $2.1 trillion, and is expected to rise by 38 percent over the next decade.
Led by Cindy Ai and Mark Kleyner, Dream VC moves to democratize access to African VC space
Dream VC is an investor accelerator and community-driven educational platform.