Kenyan billionaire heiress Mary-Ann Musangi elected chair of KAM’s Women in Manufacturing Committee
Musangi will focus on increasing women's representation and promoting sustainability in manufacturing.
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Centum, controlled by heirs of late Kenyan tycoon Chris Kirubi, settles $17.8-million debt
Centum Investments is partly owned by Robert Kirubi and Mary-Ann Musangi, heirs to the late Chris Kirubi’s multimillion-dollar business empire.
Centum, controlled by family of late tycoon Chris Kirubi, set to repay $19-million debt
Following Kirubi’s demise, his son Robert Kirubi and daughter Mary-Ann Musangi received 80 percent of his fortune.
Ten African Heiresses Driving Forward Their Parents’ Legacy
These African heiresses are either giving back to the community or helping to grow their parents’ businesses.
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African-American billionaire Alex Karp Alex Karp's Palantir partners with Nebraska Medicine in multi-million-dollar healthcare deal
This builds on earlier collaboration which started in January 2024 sharing a mission to solve critical healthcare problems rapidly.
South Africa's richest man Johann Rupert-linked Grindrod to acquire stake in Mozambican terminal for $79.6 million
This acquisition, valued at $79.6 million (R1.4 billion), is set to solidify Grindrod's foothold in this pivotal logistics hub.
Egyptian billionaire Ahmed Ezz’s steel group posts $460 million profit in H1 2024
This marks a substantial recovery from the loss the company recorded during the same period in 2023.
South African billionaire Michiel Le Roux's Capitec Bank stake soars above $2.2 billion
Michiel Le Roux's stake in Capitec Bank has increased by $95.3 million in just two weeks, reflecting significant gains.