This bold move by Foyou is expected to ignite a wave of competition among both multinational and national banks.
Mfonobong Nsehe
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.
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- Southern Africa
South African banker Jacques Celliers’ salary at FirstRand amounts to $2.2 million
Celliers, a South African multimillionaire banker and executive who is also an engineer by training, joined FirstRand in 2000.
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Al Mada, the holding company of Morocco’s royal family, is partnering with CNGR Advanced Material Co. to establish an industrial base in …
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The Ackerman family, renowned for their wealth and investments, holds a 25.53-percent stake in Pick ‘n Pay.
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NCBA Group counts some of Kenya’s richest families, including the Kenyatta, Merali, and Ndegwa families, among its shareholders.
- Southern Africa
South African-born business executive Bob van Dijk departs as CEO of Naspers, Prosus
Van Dijk has been the CEO of Naspers since 2014.
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This remarkable increase in the market value of his share further solidifies Aga Khan IV’s position as the richest investor on the …
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Rabiu said that his company, BUA Cement, is building two new plants that will increase output capacity to 17 million metric tonnes.
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Stuhler owns a 9.72-percent stake in Lighthouse Properties. His stake amounts to 172,699,222 shares.
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Elalamy made the donation through his Saham Foundation amid growing contributions from various private and public entities toward earthquake relief in Morocco.