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.

Africa’s wealthiest man Aliko Dangote gains $300 million as shares in Dangote Cement rise

The share price increased from $0.51 (N212.00) on June 1 to $0.54 (N221.50) at close of market today.

Nigerian investor Temitope Lawani to pocket $802,000 in dividends from Vivo Energy Plc

In its audited statement for 2020, the company reported plunging earnings and a 40-percent drop in profit.

Moroccan mogul Alami Lazraq’s shares in real estate giant surge by $7.1 million

Alliances Developpement Immobiliere Ste SA's shares have risen by 18 percent on the Casablanca Stock Exchange.

Greek multimillionaire John Coumantaros’ stake in Flour Mills of Nigeria gains $15.6 million in 158 days

The gains can be attributed to the company’s increased share price on the Nigeria Stock Exchange.

Zimbabwean businessman John Thomas Moxon’s stake in Meikles gains $4.1 million in 152 days

Meikles has a diverse portfolio of investments in hospitality, retail, supermarkets and financial services.


Egyptian tycoon Medhat Khalil hit by $8.5-million loss in Raya Holding stake

Raya Holding, formed in 1999 through a merger between entities owned by Khalil and Orascom Group, is a key player in the Egyptian investment landscape.

Court sets date for ruling on Nigerian multimillionaire ABC Orjiakor’s $101-million debt lawsuit

ABC Orjiakor, who owns a 6.4-percent stake in Seplat Energy, one of Nigeria's largest energy companies, ranks as one of Nigeria's wealthiest business figures.

7 companies owned by billionaire African energy mogul Benedict Peters

Billionaires.Africa has identified and tracked seven notable assets owned by billionaire Benedict Peters.

South African tycoon Johan Burger suffers $2-million loss from FirstRand stake

Burger, a seasoned director at FirstRand since 2009, owns a minority 0.110-percent ownership stake in FirstRand.