Mauritian businessman Hector Espitalier-Noel to pocket $300,540 in interim dividends
ENL is a conglomerate managing a diverse portfolio of more than 120 global and homegrown brands.
South African billionaire and Capitec Bank Founder Michiel Le Roux gains $359.61 million in 2021
Le Roux is the founder of Capitec Bank, one of South Africa’s largest retail banks.
Moroccan tycoon Karim Benjelloun’s Disway reports $119.1 million in revenue despite chip shortages
The company reported a growth in revenue as chip shortages rock the global technology industry.
Nigerian energy magnate Ambrosie Bryant Orjiako steps down as chairman of Seplat Energy
A board announcement issued by the energy group from its offices in Lagos confirmed the transition.
Abdulwasiu Sowami’s Ardova finalizes acquisition of Nigeria’s largest downstream oil group
Ardova is now Nigeria’s largest indigenous publicly-listed downstream energy group.
Tunisian tycoon Khaled Fakhfakh loses $1.08 million as BIAT shares retreat from record highs
The group maintains operations in banking, insurance and asset management.
Moroccan business tycoon Adil Douiri loses $2.68 million in four months as Mutandis shares slump
Douiri is a venture capitalist and politician, who founded Mutandis as a packaged foods retailer in 2008.
Kenyan businessman Benson Wairegi loses $740,000 as shares in Britam Holdings decline by nearly 10 percent
Wairegi stepped down from Britam’s board on May 28 after serving in the company for more than four decades.
Royal Family of Morocco loses $272.05 million in three weeks as shares in Morocco’s largest bank decline
Attijariwafa Bank is a Moroccan multinational commercial bank based in Rabat, Morocco.
Africa’s wealthiest man Aliko Dangote loses younger brother, Sani Dangote
The death of the Nigerian industrialist has sent shock waves across Africa’s richest economy.
Adegoke Olubusi’s Helium Health acquires Qatar-based doctor booking platform, Meddy Inc.
Founded by Olubuisi and partners in 2016, Helium Health is a leading healthcare technology services provider in Africa.
Richest Black man alive Aliko Dangote now worth over $20 billion, net worth up by +$2.4 billion in 2021
So far this year, his personal net worth is up 13.6 percent, an average gain of $7.66 million per day.
Ghana’s wealthiest investor Daniel Ofori gains $4.4 million in 2021 from stake in Societe Generale Ghana
Societe Generale Ghana is Ghana’s fourth-largest commercial bank.
Kenyan tycoon Jimnah Mbaru loses more than $1.4 million as Britam Holdings shares retreat
Investors are stepping back from the company as it prepares to publish its financial results for 9M 2021.
Egyptian tycoon Naguib Sawiris shuns Bitcoin, says cryptocurrencies are speculative
His statement comes at a time when the world is highly concerned about inflation.
Vodacom Group acquires stake in South African billionaire Johann Rupert-linked investment holding
CIVH is a holding majority-owned by South African billionaire Johann Rupert’s Remgro Limited.