Mfonobong Nsehe

With over a decade of experience creating impactful narratives about Africa, Mfonobong Nsehe is one of the most recognized journalism and communications professionals on the continent. He is the editor-in-chief of Billionaires.Africa. A former Forbes Magazine contributor covering African wealth and entrepreneurship, Mfonobong conceptualized, initiated, and managed for a decade the Forbes annual ranking of Africa’s richest people. He was also the pioneer managing editor of Ventures Africa and built it into one of the continent’s most influential business news companies.

Egyptian tycoon Hisham Talaat Moustafa’s TMG shines with Q1 2023 profit exceeding $20 million

Moustafa, who owns a 43.16-percent stake in TMG Holding, is recognized as one of the richest investors on the Egyptian Exchange.

Algeria’s richest man Issad Rebrab banned from engaging in any business or management activity

Rebrab, former CEO of Cevital Group, was placed on May 18 under judicial control by the public prosecutor at the Sidi M'Hamed court.

Bank linked to Tanzanian billionaire brothers eyes expansion into three African countries

The Rajabali brothers, considered two of Tanzania's richest individuals, own a combined 2.6-percent stake in CRDB Bank.

Kenyan tycoon Narendra Raval’s Devki Group to build cement plant

Raval founded Devki Group in Nairobi in 1986 as a small steel-processing and trade enterprise.

Uganda’s richest investor Charles Mbire loses $3.6 million as MTN Uganda shares slide

Mbire, the wealthiest investor on the Uganda Stock Exchange. loses $3.6 million as MTN Uganda's stock price takes a hit.


Africa’s richest man adds $769 million to fortune in 24 hours; net worth surpasses $21 billion

President Tinubu’s bold policies propel the Nigerian Equities Market, catapulting Africa's richest man Aliko Dangote’s fortune

America’s richest black billionaire Robert F. Smith maintains top spot with $12 billion net worth

Robert F. Smith, America's richest black billionaire holds firm to top spot with a whopping $12 billion net worth

Nigeria’s richest banker Jim Ovia rakes in $26 million in single day as NGX soars

This recent surge has further solidified Ovia's position as one of the most affluent investors on the Nigerian Exchange.

Zimbabwe’s richest man Strive Masiyiwa sees net worth decline by $100 million

Despite the recent setback, Masiyiwa's net worth is still up by a remarkable $900 million since the start of the year.