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This latest funding follows a $700,000 pre-seed round in 2022 and a $2.6 million seed round in 2023, bringing Raenest’s total funding to $14.3 million.
While continuing its buyback program, Prosus is also looking ahead, with plans to invest nearly $20 billion in Europe.
The rebound follows a $22.6 million decline in his stake between January 7 and 19.
His net worth has climbed by $3 billion since the start of the year, rising from $7 billion.
Zenith Bank adds 9.67 billion shares on NGX, capital boost meets CBN requirement.
This follows Dangote Oil Refinery’s recent move to lower its ex-depot price by 6.3 percent, from N950 ($0.64) to N890 ($0.60), after a drop in global crude oil prices.
With his net worth now at $7.27 billion, Sawiris remains Egypt’s second-richest man, trailing his younger brother, Nassef Sawiris, who is worth $8.99 billion.
The refinery last month announced plans to construct eight new crude storage tanks to secure a stable supply of imported oil.
Capitec Bank shares have edged up 1.07 percent since Jan. 1, despite an early dip in January.
Okoya’s legacy is about people. His companies employ over 5,000 Nigerians and support the livelihoods of more than 25,000 others who sell Eleganza products.
Over the past 17 days, his net worth has risen by $225 million, reaching $12 billion, according to the Bloomberg Billionaires Index.
The expansion aligns with Globacom’s long-term strategy of deepening its presence across the country.
The Black billionaire, who owns a 2.63 percent stake in Palantir, added $2.1 billion to his net worth in just a few days, according to Forbes’ estimates.
Even with this decline, Moustafa remains one of Egypt’s wealthiest individuals, backed by his significant holdings in TMG.
This adds to an earlier loss of $46.83 million between Jan. 1 and 13, when his stake in Italtile dropped from $551.82 million to $504.99 million.
This gain comes after a late-January decline that had reduced his stake to $874 million.
