Africa's first Black billionaire Patrice Motsepe’s investment firm surpasses $1 billion in net asset value
Motsepe owns an indirect 27-percent stake in ARC, contributing to his status as Africa’s first richest man.
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South African tech mogul Jens Montanana gains $28 million from Datatec stake
This $28.1 million gain demonstrates the rising institutional interest in JSE-listed technology companies with a global presence.
Firm linked to World’s richest Black man acquires Kenya’s oldest tour company
This reflects the growing appeal of Kenya’s tourism sector to international investors.
South Africa’s richest man gains $800 million in less than a month
This boost brings his year-to-date net worth increase to $1.67 billion, making him the only African billionaire whose fortune has grown by over $1.5 billion in 2025.
Ralph Mupita leads MTN Group to $2.6 billion revenue in Q1 2025
This impressive turnaround comes from growth across its key markets, particularly in Nigeria and Ghana.