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.
West & Central Africa
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.
Nigerian banking tycoon Herbert Wigwe’s Access Holdings to acquire majority stake in First Guarantee Pension
The announcement comes two months after Access Holdings completed its structural transformation into a holding company.
Nigeria rejects proposed acquisition of ExxonMobil assets by Bryant Orjiako’s Seplat Energy
The government cited overriding national interests as one reason for rejecting the $1.58-billion deal.
Nigerian startup founder Etop Ikpe’s Autochek acquires Morocco’s Kifal Auto
The former CEO of Cars45, Ikpe founded Autochek in 2020.
Sam Darwish’s IHS Towers posts $16.9-million in profit in Q1 2022
IHS Towers is a Nigeria-based telecom infrastructure firm.