Meet Tope Awotona, the only African tech founder who became billionaire this year
Awotona’s majority stake in Calendly is worth at least $1.4 billion.
West & Central Africa
Nigerian billionaire Abdul Samad Rabiu’s cement firm pays workers $10.7 million in salary in 9M 2022
Rabiu derives the majority of his fortune from his 92-percent stake in BUA Cement.
Afreximbank set to buy shares in Geregu Power, Femi Otedola’s power-generating firm
Geregu is one of Nigeria’s largest power-generating enterprises.
Israeli billionaire Dan Gertler to receive $250 million from Congolese govt
Gertler is the founder and president of DGI Group.
Nigerian banker Herbert Wigwe’s Access Holdings set to launch new European unit
Wigwe owns a 4.51-percent stake in the financial services group.
Africa’s richest man Aliko Dangote gains $1.5 billion in November
Dangote derives most of his wealth from an 86-percent stake in Dangote Cement.
Nigerian billionaires, other owners of private jets sue gov’t over $67.5-million tax
Nigerian billionaire Mike Adenuga owns a Bombardier Global Express XRS and a Bombardier Challenger 604 aircraft.
Femi Otedola’s Geregu Power returns $170.1 million in gains 56 days after listing on NGX
Otedola owns 80 percent of Geregu Power.
Nigerian mogul Ben Murray-Bruce’s Silverbird seals deal to build West Africa’s largest film studio
Silverbird Group is a leading multimedia company.
Abidjan-based entrepreneur Hassan Bourgi’s Djamo secures $14 million from investors
Djamo was founded in 2019.
Africa’s richest man Aliko Dangote plans 300,000 jobs for Nigerians
Dangote Group is poised to cement its position as the second-largest employer of labor in Nigeria.
Ghanaian tycoon Joseph Agyepong’s Jospong Group signs MoU to boost rice production
JGC is one of Ghana’s most diversified holding companies.
Nigeria’s second-richest man Abdul Samad Rabiu sees net worth surpass $7 billion
Rabiu’s net worth increased from $5.6 billion to $7 billion in less than a month.
Nigerian billionaire Femi Otedola gains $8.3 million in 29 days from stake in First Bank
Otedola is the largest shareholder in FBNH with a sizable stake of 5.57 percent.
Aliko Dangote’s net worth surpass $19 billion, first time since September
Dangote’s 86-percent stake in his cement company is worth $8.64 billion.
Nigerian tycoon Tayo Amusan-led Shoprite Nigeria restates expansion plans
Shoprite Nigeria is owned by Ketron Investment Limited, an investment group led by Amusan.