7 African billionaires who invested $100 million or more in Africa over the last two years
Africa’s richest investors are back in build mode, writing nine figure cheques for refineries, cement, power, AI infrastructure and gold.
Patrice Motsepe
Patrice Motsepe overtakes Koos Bekker as South Africa’s third-richest man
Motsepe edges past Bekker, reaching $3.9 billion to become South Africa’s third-richest, fueled by mining stakes and market gains.
Patrice Motsepe seeks South African hearing in $195 million mining dispute
South African billionaire Patrice Motsepe and linked companies turn to South African courts as Tanzanian case over $195 million NDA breach nears trial.
South African billionaire Patrice Motsepe nears $4 billion as 2026 brings fresh gains
South African billionaire Patrice Motsepe nears $4 billion with gains from ARM, Harmony Gold, and Tyme Group.
Sanlam, partly owned by Patrice Motsepe, invests $2.2 million in Moroccan startup
Sanlam Maroc takes a $2.2 million stake in Moroccan startup Woliz, backing digital tools for small retailers and financial inclusion.
Inside the biggest billionaire donations in Africa in 2025
Africa’s billionaires ramped up giving in 2025, funding schools, hospitals and startups as governments face tight budgets and rising public needs.
Patrice Motsepe’s firm says South African court can decide $195 million Tanzanian lawsuit
South African court weighs $195 million claim by Tanzanian firm Pula against Patrice Motsepe’s African Rainbow Capital.
South African billionaire Patrice Motsepe net worth climbs to $3.7 billion
Patrice Motsepe’s net worth rises to $3.7 billion as gains in Harmony Gold and African Rainbow Minerals lift his fortune.
Sanlam, backed by billionaire Patrice Motsepe, unveils $234 million impact fund
Sanlam unveils a $234.8 million Property Impact Fund focused on social infrastructure, affordable housing and community development.
Patrice Motsepe-backed Harmony Gold buys equipment worth $64 million to revamp Eva mine
Harmony Gold is spending $64.1 million on Metso equipment to fast-track development of its Eva copper project, strengthening its shift toward future-facing metals.
Prudential’s exit plan tests Patrice Motsepe’s grip on Alexforbes
Prudential’s possible Alexforbes exit hands Patrice Motsepe a pivotal moment: tighten African Rainbow Capital’s control or share power with a new global investor.
Patrice Motsepe-backed Harmony Gold approves up to $1.75 billion for Eva Copper mine
Harmony Gold commits up to $1.75 billion to develop the Eva Copper mine as Motsepe-backed expansion pushes into Australia.
Lesaka, linked to Patrice Motsepe, gets approval for $64 million Bank Zero deal
The clearance removes the main regulatory hurdle for the deal, which was first announced in June 2025.
Patrice Motsepe-backed Harmony Gold eyes Newmont copper venture in Papua New Guinea
Patrice Motsepe-backed Harmony Gold weighs a multibillion-dollar copper venture with Newmont in Papua New Guinea.
Patrice Motsepe’s ARM shuts Beeshoek mine, 622 workers to lose jobs
South African billionaire Patrice Motsepe’s ARM shuts Beeshoek mine after ArcelorMittal ends iron ore purchases.
The CAF Returns to Profit Under Patrice Motsepe’s Leadership
Under Patrice Motsepe, CAF posted a $9.48m profit, boosting prize money as African billionaires deepen their investment in football.