Adrian Gore makes $147.4 million from stake in South African insurer
The value of his holdings has climbed by R2.57 billion ($147.37 million) since the start of the year, reflecting the stock's robust rally.
Waymo partners with British-Nigerian entrepreneur’s mobility startup for U.S. expansion
This collaboration marks a pivotal step in Moove’s U.S. market entry and is part of a broader strategy to build the world’s largest fleet.
Ackerman family sees $50-million gain from Pick n Pay stake
Pick 'n Pay shares on the JSE have delivered a remarkable year-to-date return of 31.46 percent, enriching shareholders with substantial stakes in the company.
Femi Otedola leads Geregu Power to milestone as Nigeria’s most compliant listed company
Geregu Power, led by Femi Otedola, wins "Most Compliant Listed Company of the Year" award at the NGX Made of Africa Awards.
Swazi billionaire Natie Kirsh's iconic properties in the UK and Australia
Kirsh's empire spans four continents, with key assets including Tower 42 in London and significant real estate holdings in Australia.
Ahmed Ezz’s Ezz Steel stake loses $280 million from currency devaluation
Ezz, who controls 66.4 percent of the Cairo-based steel giant—equivalent to 360,727,978 shares—has suffered a loss of $280.85 million in his stake since the start of the year.
Lagos-based Greek tycoon makes $30 million from Flour Mills stake
John Coumantaros' 63% stake in Flour Mills gains $30 million YTD, fueled by strong financial performance and a buyout plan.
Sam Darwish’s IHS raises $1.2 billion to boost telecom network in emerging markets
IHS led by Sam Darwish plans to boost digital inclusion, economic development through expanded connectivity.
Meet Nevine Sabbour: Trailblazing banker leading Egypt’s most valuable company
Nevine Sabbour became the first woman to chair Commercial International Bank (CIB) in September 2024, a historic first for Egypt’s banking sector.
Abdallah Sallam’s Madinet Masr signs $11.6 million deal for development project
This partnership underscores the company’s strategic focus on expanding its presence in Egypt’s high-growth real estate market through key collaborations.
Richemont's rally lifts Johann Rupert's wealth to $13 billion
Johann Rupert stays South Africa’s richest as Richemont boosts his net worth to $13 billion.
LeBron James’ SpringHill lost nearly $30 million last year amid Hollywood woes
This comes despite James' net worth soaring past the $1 billion mark this year.
Gus Attridge's Aspen stake down $39 million so far in 2024
This corresponds to an 18.12 percent drop in Aspen’s stock price on the Johannesburg Stock Exchange (JSE) since the start of the year.
Lighthouse completes $72.6-million sale of Planet Koper mall in Slovenia
The sale proceeds from Planet Koper Mall aim to fund acquisitions in the Iberian market, a key focus of growth with stronger economic resilience and tourism-driven retail demand.
IHS Holding's market woes slice $14.83 million from Sam Darwish’s stake
Despite setbacks in 2024, the telecom sector's long-term growth potential offers hope, with Darwish's leadership crucial for IHS Holding's recovery.
Court decision frees Benson Ndeta from jail in $34.7-million fraud case
Ndeta was detained in Nairobi’s Valley Arcade area before being questioned at the Directorate of Criminal Investigations (DCI) headquarters.