Kenyan tycoon James Mwangi-led lender grows stronger with $47-million Cogebanque deal
The move aligns with its strategy to bolster earnings and revenue by expanding its reach across East Africa.
Ethiopia’s richest man Mohammed Al-Amoudi gains $170 million in 15 days
The primary driver behind this surge is attributed to the robust performance of his diverse industrial assets across Sweden, Saudi Arabia, and Ethiopia.
Black executive Craig Arnold earns $14.1-million salary from Eaton
Arnold saw his compensation from the power management company decline by 37.7 percent from his previous year’s pay of $19.37 million.
Black executive Lloyd Yates earns $7.1-million salary from NiSource in 2022
Lloyd Yates also received a long-term incentive award amounting to $4.67 million from the Indiana-based utility company.
5 richest bankers on the Malawi Stock Exchange
These trailblazers lead key banking institutions including FMB Capital Holdings, FDH Bank Plc, NICO Holdings, and the National Bank of Malawi.
7 companies owned by Ghana’s richest investor Daniel Ofori
Ofori is also the founder of Advance Ventures Limited, a top player in structural design and real estate.
5 companies owned by South African mogul Desmond Sacco
Under Sacco’s leadership, Assore Group thrives as a key player in the mining sector, marked by strategic investments and operational prowess.
Swazi billionaire Natie Kirsh adds $110 million to his fortune in just 9 days
In addition to his investment in Jetro Holdings, the Swazi billionaire owns a 54-percent stake in publicly traded real estate investment trust, Abacus Property Group.
5 companies owned by one of Kenya’s richest individuals, James Mwangi
Under Mwangi’s leadership, Equity Group evolved into an integrated financial services group with active operations spanning six African countries.
South Africa’s second-richest man Nicky Oppenheimer gains $750 million in November
Oppenheimer secures 238th spot among world’s richest with a $9.33-billion fortune.
South African executive Ivan Dittrich earns $5.2-million salary from Datatec in 2023
Dittrich also received a long-term incentive award of $4.1 million from Datatec as a result of his dedication to the tech group.
South African businessman Barry Swartzberg gains $14.6 million in 32 days
Swartzberg owns a 3.92-percent stake in Discovery Limited — this stake amounts to a total of 25,778,420 ordinary shares in the leading financial services group.
Burkinabe tycoon Idrissa Nassa’s Coris Bank faces suspension in SocGen asset acquisition
The Burkinabe tycoon’s financial move is now under scrutiny, raising questions about the future of this high-profile business deal.
10 companies owned by Algeria’s richest man Issad Rebrab
Billionaires.Africa has documented companies and holdings owned by Rebrab — revealing the expansive breadth and scale of his business empire.
South African billionaire Ivan Glasenberg’s net worth soars by $590 million
Glasenberg presently occupies the 281st spot on the list of the world’s wealthiest individuals.
5 companies owned by South African businessman Gus Attridge
At the helm of Aspen Pharmacare, Attridge has made significant contributions to Africa’s healthcare sector.