7 businesses owned by polarizing Internet personality Andrew Tate
Tate, a former U.S.-British kickboxing champion and a polarizing Internet personality, presently ranks as the world’s most searched individual.
Egyptian billionaire Mohamed Al-Fayed dies at 94
Al-Fayed was a former owner of Harrods department store and father of Dodi Fayed, who perished alongside Princess Diana in a 1997 car crash.
Nigerian gambling magnate loses $4 million from Wema Bank investment
Adebutu, the founder and CEO of Nigeria’s oldest and leading gaming company, Premier Lotto, holds a 28.15-percent stake in Wema Bank.
Nigeria’s richest pastor David Oyedepo to lose private jet hangar
Oyedepo, known as Nigeria’s wealthiest preacher and founder of Living Faith World Outreach Ministry, one of Africa’s largest congregations.
Billionaire Oprah Winfrey and Dwayne Johnson launch fund for Maui wildfire victims
Oprah and actor Dwayne Johnson have unveiled the People’s Fund of Maui to aid individuals impacted by the wildfires on the Hawaiian island.
Nigerian multimillionaire Ladi Jadesimi pockets $470,000 Aradel Holdings dividend
Jadesimi, who is the founder of Lagos-based LADOL, owns a 4.7-percent stake in Aradel Holdings, an oil-producing company.
South African banker Arno Daehnke earns $2.3-million salary from Standard Bank
Daehnke’s career spans over two decades, and he has played diverse roles within Standard Bank Group since joining in 2001.
Aga Khan IV’s stake in Nairobi-based insurer slumps by $3 million
Shah Karim al-Husayni, also known as Aga Khan IV, is best known for founding Nation Media Group, East Africa’s largest independent media organization.
Greek tycoon John Coumantaros’ Flour Mills achieves over $2 billion in revenue
Coumantaros owns a controlling 63.34-percent stake in Flour Mills of Nigeria Plc through his entity Excelsior Shipping Company.
Royal family of Morocco gains $670 million from stake in Attijariwafa Bank
Members of Morocco’s Alaouite royal family own a 46.5-percent stake in the financial services group through Societe Nationale d’Investissement.
Orascom construction, led by Egypt’s richest family, sees Q2 profits triple
Orascom Construction is a leading global engineering and construction contractor.
Google’s former boss in West Africa, Juliet Ehimuan, becomes director at Zenith Bank
Ehimuan, a prominent figure in the African tech industry and a key player in Google’s growth in Africa, left the company in late June.
Indian billionaire Sunil Mittal’s Airtel Uganda plans IPO
Airtel Uganda, which is a subsidiary of Bharti Airtel controlled by Mittal, has 14.3 million active subscribers across 146 districts in Uganda.
Tunisian tycoon Habib Essayeh’s Euro-Cycles shares decline by $1.7 million
Essayeh owns a sizeable 33.6-percent stake in Euro-Cycles.
South African tycoon Christopher Seabrooke loses $3 million from Sabvest stake
Seabrooke holds a significant 40.61-percent stake in the South African investment holding company.
Michiel Le Roux loses $110 million from investment in Capitec Bank
Le Roux holds an 11.39-percent stake in Capitec Bank.