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TFG expands footprint with acquisition of UK Fashion brand White Stuff
TFG is poised to expand its international portfolio with the acquisition of White Stuff, a UK-based fashion and lifestyle brand.
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Mary Vilakazi-led FirstRand plans bank for Ghana’s super-rich
FirstRand sharpens its private banking focus in Ghana and beyond as Africa’s millionaire class expands.
Stephen Saad’s stake in Aspen slips below $450 million
South African pharma tycoon Stephen Saad’s stake in Aspen Pharmacare drops to $434.35 million, losing $62.85 million in 15 days.
Namibia’s top 7 richest people in 2025
Namibia's richest, including Frans Indongo and Koos Brandt, fuel economic growth through diversified investments.
Koos Bekker's Prosus backs Rain’s $75 million funding round
Under South African billionaire Koos Bekker, Prosus continues its efforts to support tech solutions that address the evolving needs of workers worldwide.
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Mansour family firm plans $150 million automotive factories in Egypt
Mansour Group to invest $150 million in two Egypt factories to boost local auto production and expand the country’s industrial footprint.
Cape Town, Marrakesh, Nairobi stand out as Africa’s ultra-rich hubs
A new class of centimillionaires (people with $100 million or more in investable assets) is not just growing in number but also in presence.
NCBA, backed by Kenya’s richest families, fined by regulator
NCBA, partly owned by some of Kenya’s wealthiest families, has been fined for mishandling customer data, as regulators tighten enforcement of privacy laws.
Hisham Talaat Moustafa’s stake falls by $110 million in 26 days
The setback comes on the heels of a more positive period earlier this year, when his stake grew by $54.87 million.