South African tycoon Gary Nagle loses $3 million from stake in world’s largest mining group
South African business executive Gary Nagle owns a 0.016-percent stake in Glencore, or 2,000,000 shares.
Namibian tycoon Knowledge Katti ecstatic as Trigon secures $8.9-million financing
Katti, one of Namibia’s richest men, owns a 10-percent stake in Trigon Metal’s Kombat copper mine.
South African-born tycoon Barry Stuhler loses $9.1 million from Lighthouse stake
Stuhler owns a 9.72-percent stake in Lighthouse Properties. His stake amounts to 172,699,222 shares in the Malta-based property company.
Nigerian entrepreneur Tosin Eniolorunda’s Moniepoint to acquire Kenyan payment firm
Moniepoint Inc., originally founded as Apt Inc. by Eniolorunda in 2015, has rapidly evolved into a powerhouse within the fintech realm.
Former OPEC President Diezani Alison-Madueke charged with bribery offenses in UK
Alison-Madueke served as Nigeria’s minister for petroleum resources under former President Goodluck Jonathan.
10 assets controlled by King Mswati III of Eswatini
King Mswati III controls Tibiyo Taka Ngwane, which owns stakes in many of Eswatini’s most profitabe companies and has assets worth more than $150 million.
South African tech tycoon Zak Calisto suffers $18.7-million loss
Calisto, who founded Karooooo in 2001 to provide stolen car recovery services in South Africa, holds a 74.73-percent stake in the company.
Morocco’s second-richest man Othman Benjelloun gains $46 million from BOA stake
With a net worth of $1.3 billion, Benjelloun is ranked as the 16th wealthiest individual in Africa and the 2,154th on a global scale.
50 Cent counters Paramount, argues BET is not worth $3 billion
50 Cent said in his Instagram post that BET is not worth $3 billion.
South African tycoon Neal Froneman loses nearly $7 million in just over 100 days
Froneman owns a 0.3-percent stake, or 8,382,849 ordinary shares, in the precious metal mining group.
7 African billionaires who made a fortune in retail
These seven ultra-high net-worth individuals who attribute their substantial wealth to their involvement in retail.
BET sale: Paramount turns down billionaires Tyler Perry, Diddy
Among the notable figures expressing interest to acquire BET were actor-director Tyler Perry, music mogul Sean “Diddy” Combs, and Byron Allen.
10 African billionaires who own football clubs
From South Africa to Algeria, meet 10 of Africa’s richest football club owners.
5 companies linked to South African tycoon Mohammed Akoojee
The 2022 acquisition of Imperial Logistics by DP World, guided by Akoojee, underscored his role in driving organizations to unparalleled success.
Egypt’s richest man faces $846-million loss from investment in Dutch fertilizer producer
Sawiris, who is the richest man in Egypt, owns a 38.8-percent stake in Dutch fertilizer producer, OCI N.V.
Botswana tycoon Ottapathu faces $6.7-million loss from Choppies investment
Ottapathu owns a controlling 24.48-percent stake in Choppies, totaling 316,353,058 ordinary shares.