South African billionaire Jannie Mouton’s Capitec stake drops below $1 billion
This marks a reversal after his stake surged by over $300 million in 2024, reaching a peak valuation of $1 billion by the end of the year.
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South African healthcare provider led by Victor Litlhakanyane to sell its stake in Life Molecular Imaging to U.S.-based Lantheus Holdings for R6.48 billion ($350 million).
Africa's first Black billionaire faces pressure to sell South African fresh food unit
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South African tycoon Giovanni Ravazzotti loses $46.8 million in Italtile stake in early 2025
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South African tech mogul Zak Calisto gains $45 million from Karooooo shares in early 2025
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Egypt’s Ghabbour family faces $13.6 million loss in GB Corp shares
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Mansa IP, co-founded by Senegal-based executives, aims to raise $300 million for African development in 2025
This is part of a larger $1.2 billion initiative to advance infrastructure development across the continent.
Life Healthcare to sell stake in Life Molecular Imaging to U.S. firm for $350 million
South African healthcare provider led by Victor Litlhakanyane to sell its stake in Life Molecular Imaging to U.S.-based Lantheus Holdings for R6.48 billion ($350 million).