Jim Ovia gains $61.3 million in 110 days as Zenith Bank shares rise 29 percent on NGX
Ovia owns a 16.2-percent stake in Zenith Bank.
West & Central Africa
This Nigerian venture capitalist led his VC firm in raising $46 million in 2022
Kola Aina is a key player in the African venture capital space.
Cameroonian tycoon Paul Fokam’s Afriland partners with BGFI to co-finance CEMAC region projects
Fokam is one of Africa’s richest men, according to Forbes Afrique.
Aliko Dangote is set to become Africa’s first $30-billion man
Dangote is the founder of Dangote Group.
Aliko Dangote’s group launches recruitment exercise for upcoming refinery – learn how to apply
To support the well-being of its prospective candidates, Dangote Group has established temporary housing for 20,000 employees.
Herbert Wigwe’s Access Holdings targets 100 million customers in ambitious expansion plan
The group also plans to expand its presence in Europe by opening a new unit in France.
Cameroonian businessman accuses South African bank of misleading justice in $235-million property seizure
Danpullo is the founder of Baba Ahmadou Group.
Nigerian businessman Tony Elumelu reaps $2.36 million in gains from UBA share-price increase
Elumelu owns a significant 6.9-percent stake in UBA.
Abdul Samad Rabiu becomes Africa’s fourth-richest man, ousting Egypt’s Nassef Sawiris
Rabiu is Nigeria’s second-richest man.
Cameroonian banker Alain Nkontchou makes $1.5-million power move with Ecobank share purchase
Nkontchou is the chairman of Ecobank.
Nigerian banker Herbert Wigwe’s Access Holdings aborts takeover of Kenya’s Sidian Bank
Wigwe owns a 4.51-percent stake in Access Holdings.
Nigeria’s president to commission $19-billion refinery owned by Aliko Dangote
The project will strengthen the country’s downstream industry.
Nigerian billionaire Abdul Samad Rabiu loses $255 million in 12 days
He remains Nigeria’s second-richest man.
Releaf, led by Nigerian entrepreneur Ikenna Nzewi, raises $3.3 million for new technologies
Releaf has secured more than $100 million in supply contracts.
Ghanaian entrepreneur Miishe Addy leads logistics platform to raise $13 million in funding
Her extensive experience proved invaluable in securing funding from investors.
Flutterwave, led by Nigerian tech entrepreneur Gbenga Agboola, competes to buy British fintech Railsr
Flutterwave was co-founded in 2016.