Eswatini’s richest man Natie Kirsh gains $1.66 billion in 2024
Kirsh, now ranked 286th globally, is the only African billionaire to gain more than $1.5 billion in 2024.
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South African billionaire Ivan Glasenberg loses $1.9 billion on Glencore stake
Glencore's share price slump wipes out $1.9 billion from Ivan Glasenberg's stake.
Clicks Group, led by Bertina Engelbrecht, attracts $31.5 million JP Morgan bet
The financial giant acquired additional shares worth $31.48 million, increasing its stake by 0.56 percentage points to 5.96 percent.
Bakhresa invests $8.4 million to expand juice production capacity
Tanzania’s Bakhresa Group doubles down on fruit juice production, boosting agriculture and exports.
Isabel dos Santos denies corruption claims, criticizes UK sanctions over $440 million allegations
Angolan businesswoman Isabel dos Santos rejects corruption allegations, calling UK sanctions politically motivated.
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Aradel-backed consortium gets approval for $2.4 billion Shell deal
The transaction has been designed to preserve SPDC’s operational integrity post-acquisition.
South African billionaire Ivan Glasenberg loses $1.9 billion on Glencore stake
Glencore's share price slump wipes out $1.9 billion from Ivan Glasenberg's stake.
Clicks Group, led by Bertina Engelbrecht, attracts $31.5 million JP Morgan bet
The financial giant acquired additional shares worth $31.48 million, increasing its stake by 0.56 percentage points to 5.96 percent.
Moroccan tycoon Anas Sefrioui gains over half a billion dollars from ADH stake
This surge reflects growing investor confidence in ADH, cementing Sefrioui's position among the wealthiest investors on the Casablanca bourse.