Nigerian tycoon Akanimo Udofia wins Akwa Ibom APC governorship primary
Udofia is the owner of Desicon Engineering.
West & Central Africa
Nigerian tycoons Femi Otedola, Hassan-Odukale to pocket $3.9-million in dividends from FBNH
The news comes several months after the businessmen revealed their stakes in the bank.
Kenyan tycoon Suresh Bhagwanji Shah’s I&M Group earns $23.2 million in profit in Q1 2022
Shah built I&M Group into East Africa’s leading commercial banking organization.
Ivorian businessman Jean-Luc Konan’s COFINA Group secures $64.2 million from DPI
Based in Abidjan, COFINA Group was founded in 2014.
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.
5 multimillionaires from Ivory Coast you’ve never heard of
You might not know their names, but you should.
5 multimillionaires from Gambia you’ve never heard of
You might not know their names, but you should.
5 multimillionaires from Burkina Faso you’ve never heard of
You might not know their names, but you should.
5 multimillionaires from Mozambique you’ve never heard of
You might not know their names, but you should.
U.S.-Nigerian telecom tycoon Sam Darwish says there is room for further acquisitions in Latin America
His Lagos-based telecom company reported a profit of $16.9 million in the first quarter of 2022.
Nigerian gaming tycoon Kunle Soname ventures into aviation
Soname is a Nigerian gaming tycoon and chairman of Bet9ja.
Nigeria’s richest woman Folorunsho Alakija completes $145-million office complex
Alakija is the owner of Famfa Oil.
Africa’s richest billionaire Aliko Dangote to raise $750 million to complete $19-billion refinery plant
The refinery project is still on track to be completed by 2023.
Nigerian aviation mogul Allen Onyema donates $260,000 building to university
Onyema is the founder and chairman of Air Peace.
Cameroonian billionaire Paul Fokam’s Afriland First Bank eyes Chadian market
Fokam is one of the richest men in Africa.