10 assets owned by Botswana’s richest man Abdul Satar Dada
Dada is best known in Botswana for two key businesses: motor dealerships and his significant control over the country’s poultry industry.
Egypt’s steel giant, owned by billionaire Ahmed Ezz, suffers $53-million loss in Q1 2023
Ezz, one of Egypt’s richest businessmen, owns a significant 60.7-percent stake in Ezz Steel.
South African tycoon Andre Du Plessis hits jackpot, stake in Capitec Bank surges past $70 million
Du Plessis, a prominent South African businessman and a co-founder of Capitec Bank, owns a beneficial 0.78-percent stake in the financial services provider.
Berlin-based startup led by Nigerian entrepreneur secures $2.74 million from investors
Propel, a Berlin-based HR tech startup, develops tools that assist tech talent communities in solving their last-mile challenges.
Ecobank moves to seize Nigerian tycoon Oba Otudeko’s FBN shares over $17-million debt
Otudeko, the largest shareholder of FBN Holdings, owes Ecobank more than $17 million.
Access Holdings, led by Nigerian tycoon Herbert Wigwe raises loan prices in Kenya
Access Bank Kenya is the Kenyan banking unit of Access Holdings, a financial services conglomerate.
South Africa’s second-richest man Nicky Oppenheimer suffers $150 million loss in five days
The decline can be attributed to losses incurred from Oppenheimer’s investments in private equity firms.
7 companies owned by Nigerian multimillionaire Oba Otudeko
Otudeko is the founder and chairman of Honeywell Group, a Nigerian conglomerate with holdings in property, energy and engineering services.
Ethiopia’s richest man Mohammed Al-Amoudi makes shocking comeback on Bloomberg’s 500 richest list
The recent upswing in Al-Amoudi’s wealth follows a temporary exit from the Bloomberg Billionaires Index.
Nigerian businessman Ken Etete pays $15 million to acquire FPSO
Nigerian multimillionaire Ken Etete, 48, serves as the chairman and CEO of Century Group, which is the first domestic energy infrastructure provider.
South African tycoon Saki Macozoma owns $125-million mining fortune
Macozoma’s boasts a shareholding in the Tshipi Borwa manganese mine that is now valued at $125.1 million.
South African tycoon Paul Hanratty reaps impressive gains as Sanlam’s stake exceeds $15 million
The surge in Hanratty’s stake can be attributed to the remarkable performance of Sanlam’s shares since the start of the year.
Nigerian tycoon Oba Otudeko reportedly linked to 4.7-billion-share cross deal in FBNH
The transaction took place on the local bourse on Thurs., July 6, stirring speculation about Otudeko’s potential plans and intentions.
One of Nigeria’s richest bankers, Herbert Wigwe, gains $14.5 million in 12 days
Wigwe, the group managing director and CEO of Access Holdings, Nigeria’s largest lender in terms of assets, holds a 9.09-percent stake in the lender.
South African tycoon Christopher Seabrooke’s Sabvest Capital stake tanks, resulting in $26.9-million loss
Seabrooke holds a significant 40.61-percent stake in Sabvest Capital, making him one of the richest executives in the country.
Nigerian multimillionaire Bassim Haidar looks to exit Optasia to focus on cannabis
Haidar is the founder of multinational fintech company Optasia that provides mobile financial services.