Kenyan tech entrepreneur Paul Kimani takes startup to new heights with $2.7-million pre-Series-A funding
Kimani’s journey with Workpay is an inspiring example of how African tech startups can make a global impact.
Meet Victor Odili: Nigerian shipping tycoon with $430 million stake in MTN Nigeria
Odili ranks as one of Nigeria’s richest businessmen.
Nigerian banking tycoon Jim Ovia rakes in $14.87 million in just 54 days from Zenith Bank stake
Ovia owns a sizable 16.2-percent stake in Zenith Bank.
South African mogul Adrian Gore’s Discovery suffers 10-percent decline in earnings
Gore owns a sizable 7.48-percent stake in Discovery Limited.
Elon Musk’s SpaceX to roll out Starlink satellite Internet service in Ghana, Egypt by 2024
The move comes as Musk, the world’s second-richest person, takes charge of technological advancement.
South African tycoon Neal Froneman’s Sibanye-Stillwater to acquire Australia’s New Century for $83 million
Froneman holds a 0.074-percent ownership stake in Sibanye-Stillwater.
Egyptian billionaire Mohamed Mansour’s net worth skyrockets by $400 million
Mansour is the world’s 1,034th richest man.
Ghanaian businessman Daniel McKorley’s McDan Group procures shipping vessels and cargo planes
McKorley is a well-known businessman and the founder and CEO of the McDan Group of Companies.
Kenyan businessman John Kimani gains $1.6 million from Kakuzi shares
Kimani controls a 34.54-percent stake in Kakuzi.
South African billionaire Michiel Le Roux loses $104 million in 38 days from Capitec stake
Le Roux is a 73-year-old South African billionaire and co-founder of Capitec Bank.
Egyptian tycoon Hisham Talaat Moustafa’s group reaches milestone, garnering $72 million in profit
Moustafa’s stake in TMG Holding is worth $286.2 million.
Egyptian billionaire Yasseen Mansour’s Palm Hills closes $20.9 Million bond offering
Mansour holds a significant 5.22-percent stake in Palm Hills Developments.
South Africa’s richest man Johann Rupert has gained $1.69 billion so far this year
Rupert derives most of his wealth from his 9.14-percent stake in Richemont.
South African billionaire Raymond Ackerman and family lose $96 million as Pick ‘n Pay shares bleed on JSE
Ackerman and his family own a 25.53-percent stake in Pick ‘n Pay.
South African billionaire Laurie Dippenaar gains $16.8 million from FirstRand shares
Dippenaar owns 1.76 percent of FirstRand, or 98,726,988 shares.
Ethiopian entrepreneur Dawit Abraham sells board game to Cape Town-based gaming startup
Qene Games is a game development studio.