Meet Victor Odili: Nigerian shipping tycoon with $430 million stake in MTN Nigeria
Odili ranks as one of Nigeria’s richest businessmen.
West & Central Africa
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.
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.
Elon Musk’s SpaceX to roll out Starlink satellite Internet service in Ghana, Egypt by 2024
The move comes as Musk, the world’s second-richest person, takes charge of technological advancement.
Nigerian billionaire Femi Otedola donates $4.3-million engineering faculty complex to Augustine University
As an added honor, in September 2022, Otedola was appointed as the distinguished chancellor of the university.
This Sierra Leone-born entrepreneur is disrupting the African gaming market; his startup has raised over $56 million
Robbin-Coker is a prominent figure in the African tech industry.
Abdul Samad Rabiu loses Africa’s fourth-richest spot as net worth drops $545 million in 24 hours
Rabiu maintains his rank as Nigeria’s second-richest person, outpacing telecom billionaire Mike Adenuga.
Afreximbank’s FEDA completes acquisition of 5 percent stake in Femi Otedola’s Geregu Power
Geregu Power is a power-generating company.
Tony Elumelu urges African entrepreneurs to invest in businesses to spur growth and employment
Elumelu is the founder of the Tony Elumelu Foundation and chairman of the United Bank for Africa.
Ghanaian businessman Daniel McKorley’s McDan Group procures shipping vessels and cargo planes
McKorley is a well-known businessman and the founder and CEO of the McDan Group of Companies.
Meet 10 outstanding female managers from West Africa
These women are leading the way in sectors ranging from finance to mining and agri-food.
Fintechs led by Ham Serunjogi, Favor Ori help Elon Musk’s Starlink in processing over $400,000
Serunjogi announced that users in Nigeria have already spent over $100,000 on their SpaceX Starlink kits using Chipper Cash Visa Cards.
Africa’s richest man Aliko Dangote’s wealth grows by $541 million despite Nigeria’s cash woes
Dangote’s net worth now stands at $19.2 billion.
Nigerian billionaire Mike Adenuga’s firm ventures into cashew business, secures $65.3 million
Adenuga holds a 25.1-percent stake in Julius Berger through his company Goldstones Estates Limited.
Nigerian entrepreneur Dozy Mmobuosi sued for unpaid debts in U.S., UK
Mmobuosi is the founder of Tingo Inc.
Nigerian entrepreneur Richmond Bassey’s Bamboo secures brokerage license from SEC
Bamboo is a cutting-edge investment-tech startup.