Elumelu owns a sizeable 6.96-percent stake in UBA, one of Nigeria’s leading banking groups.
Omokolade Ajayi
Omokolade Ajayi
Omokolade Ajayi is a financial reporter at Billionaires.Africa. Previously, he worked as a journalist at Nairametrics. Omokolade is a seasoned financial analyst and reporter with in-depth knowledge of and expertise in equity markets, and financial and economic analysis. He has a degree in economics and is a certificate holder of the CFA Institute’s Investment Foundation Program.
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Liquid’s cloud solutions have expanded rapidly under Masiyiwa’s leadership.
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The multimillion-dollar drop in his net worth can be attributed to the performance of his 9.14-percent stake in Richemont.
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Van Rooyen’s equity interest is still down by more than $40 million.
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Thungela is a market leader in the production and export of high-quality, low-cost thermal coal.
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Dangote Cement is 86-percent owned by Dangote and ranks as Africa’s largest cement producer.
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Jubilee Holdings is a Kenyan investment holding company.
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Mansou owns a sizable 5.6-percent stake in the Cairo-based real estate firm.
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Kenyan banking exec Andrew Ndegwa gains $1.5 million in 43 days from investment in NCBA Group
Ndegwa, an executive director of First Chartered Securities Limited, owns 4.3 percent of NCBA Group.
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The South African Mouton family owns 24.5 percent of the company.