Monday, April 29, 2024

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Egypt’s El-Sewedy family loses $136.5 million from Elsewedy Electric shares
Egyptian businessman Medhat Khalil loses $8.6 million from Raya Holdings stake
Sibanye-Stillwater stumbles under South African tycoon Neal Froneman with $132-million loss in 2023
Stevie Wonder: Without Sight, Not Without Business Foresight
South African tycoon Jens Montanana loses $2.4 million from Datatec stake
Nigerian president appoints country’s richest banker to head student loan fund
Egyptian tycoon Hassan Allam’s group wins signaling contract for UAE-Oman railway link
Dangote’s half-brother Sayyu Dantata’s MRS tops $60 million in revenue in Q1 2024
Aga Khan IV takes $3.5-million hit from stake in Nairobi-based insurer Jubilee
Ethiopia’s richest man Mohammed Al-Amoudi loses $260 million in two weeks
Hot News

Egyptian billionaire Ghabbour family loses $32.1 million in 12 days

The Ghabbour family, Egyptian billionaires, have experienced a notable decrease in their wealth as the market value of their holding in GB Corp plummeted by over $32 million in …

South African tycoon Laurie Dippenaar’s FirstRand advises on $160 million beverage deal
Egyptian billionaire Ghabbour family loses $32.1 million in 12 days
South African billionaire Michiel Le Roux gains $100 million in 41 days
Led by Tunisian Ben Yedder family, Ennakl posts $45.1 million in revenue in Q1 2024
Egypt’s El-Sewedy family loses $136.5 million from Elsewedy Electric shares
Egyptian businessman Medhat Khalil loses $8.6 million from Raya Holdings stake
Hot News

Egyptian businessman Medhat Khalil loses $8.6 million from Raya Holdings stake

Hot News

Sibanye-Stillwater stumbles under South African tycoon Neal Froneman with $132-million loss in 2023

Hot News

Stevie Wonder: Without Sight, Not Without Business Foresight

Hot News

South African tycoon Jens Montanana loses $2.4 million from Datatec stake

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Hot News
Nigerian president appoints country’s richest banker to head student loan fund
Hot News
Dangote’s half-brother Sayyu Dantata’s MRS tops $60 million in revenue in Q1 2024
Africa’s richest man boosts regional growth with seven clinker vessels to Ghana, Cameroon
Nigerian tycoon Atedo Peterside’s Stanbic IBTC plans $442.8-million capital boost
Jim Ovia’s Zenith Bank stake sees $14.63-million drop amid share price fall
Cement company of Africa’s richest man doubles revenue to $659.3 million in Q1 2024

East AfricaView All

Hot News
Aga Khan IV takes $3.5-million hit from stake in Nairobi-based insurer Jubilee
Hot News
Backed by Kenya’s richest, NCBA Bank hikes loan rates: What it means for your wallet
Kenyan billionaire Baloobhai Patel buys big, now owns more than 1 percent of Absa Bank
Kenyan tycoon Gideon Muriuki-led bank’s wealth arm hits $1.7 billion in assets under management
Kenya’s wealthy Merali family loses $1.2 million from Sasini Tea stake
Bamburi Cement, backed by Kenyan tycoon Baloobhai Patel, to distribute $15 million to shareholder

Southern AfricaView All

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Get the daily email to stay informed about African billionaires and UHNWIs. Get informed and entertained, for free.

Latest News

Egyptian billionaire Ghabbour family loses $32.1 million in 12 days
South African billionaire Michiel Le Roux gains $100 million in 41 days
Led by Tunisian Ben Yedder family, Ennakl posts $45.1 million in revenue in Q1 2024

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