10 assets owned by South Africa’s richest woman, Mary Slack
Slack, the granddaughter of Ernest Oppenheimer and elder sister of Nicky Oppenheimer, owns interests in dozens of ompanies.
Nigerian billionaire Igho Sanomi-backed charity to donate $160,000 to needy children
Founded by Nigerian philanthropist Nuhu Kwajafa and backed by Igho Sanomi , GIPLC funds charity projects that uplift vulnerable children in Nigeria.
South African tycoon Piet Mouton’s stake in Capitec Bank loses more than $180 million in 2023
Mouton, who has accumulated a substantial fortune through his diverse investment portfolio, has a 5.83-percent stake in Capitec Bank.
Tanzanian billionaire Rostam Aziz apologizes to Judiciary over careless remarks
Aziz issued an apology to Tanzania’s judiciary on Monday after making remarks on June 26 that raised doubts about the independence of the country’s judiciary.
South African tycoon Barry Swartzberg’s stake in Discovery soars, gaining $18 million in 40 days
Swartzberg owns a 3.92-percent stake in the company, solidifying his position among South Africa’s most influential executives.
Cameroonian billionaire Samuel Foyou’s brewery suspends staff over poor sales
Cameroonian tycoon Samuel Foyou, who is one of the country’s richest men, established Brasaf in 2014 and also owns Fermencam, a distillery.
Founded by Nairobi-based entrepreneur, startup bags $20 million in funding from UK investor
MyDawa, under Nairobi-based entrepreneur O’Leary, has evolved from an e-pharmacy to an all-in-one health platform.
Remgro, controlled by Africa’s richest man, increases stake in Heineken
Rupert, Africa’s wealthiest individual, holds a 6.87-percent stake in Remgro, valued at more than $357.2 million.
Ethiopia’s richest man Mohammed Al-Amoudi drops off Bloomberg’s richest list
Despite the decrease in his net worth, Al-Amoudi remains a prominent figure in the Middle East and Africa.
Nigerian billionaire Benedict Peters eyes lithium deposit in Zimbabwe
Peters made headlines in 2019 when he embarked on a platinum mining venture in Zimbabwe.
7 assets owned by South African furniture tycoon Eric Ellerine
After South African furniture retail tycoon Eric Ellerine sold off his shares in Ellerines, he established his family office that invests in malls, private equity and listed equities.
America’s seventh-richest Black woman Emma Grede’s Good American launches first-ever store in LA
The grand opening of Good American’s flagship store over the weekend saw Grede and Khloe Kardashian cutting the ribbon.
10 companies owned by Africa’s youngest billionaire, Mohammed Dewji
These are the 10 most important assets owned by Dewji, the CEO of MeTL.
Mauritian tycoon Arnaud Lagesse’s IBL invests in Mambo Retail to acquire stake in Naivas
Arnaud Lagesse, alongside his siblings Benoit, Hugues, Jean-Pierre, Thierry, and Stephane Lagesse, holds a 16.8-percent joint stake in IBL.
Nigerian gas tycoon Julius Rone seals deal with Afreximbank for FLNG project
Rone is the founder of UTM Offshore, a company that is building the country’s first FLNG facility.
Nigerian VC firm Verod-Kepple invests $1.5 million in Morocco’s Chari
Chari, a B2B e-commerce company, was founded by Moroccan entrepreneur Ismael Belkhayat and his wife Sophia Alj.