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The Dangote Oil Refinery, which started loading petrol into trucks on Sun., Sept. 15, is seen as a breakthrough in Nigeria’s decades-long struggle with fuel imports and shortages.
This underscores Liquid’s commitment to enhancing East Africa's digital infrastructure as competition in the region intensifies.
Dangote has reclaimed the title of Africa’s richest person, surpassing South African Johann Rupert, according to Bloomberg and Forbes data.
The Law Society of Kenya (LSK) and the Kenya Human Rights Commission (KHRC) filed a joint application urging the court to block the agreement.
The dividend payout reflects a 25-percent decrease from the R1.08-billion ($60.3 million) dividend he received the previous year.
Moroccan businessman Anas Sefrioui sees $143-million gain on ADH stake
Sun International, led by South African executive Anthony Leeming, reports surge in profit, driven by discontinued operations and revenue growth.
FBN Holdings, led by Femi Otedola, is selling its 100-percent stake in FBNQuest Merchant Bank to streamline operations and focus on core banking.
ARM, led by Africa’s first Black billionaire Patrice Motsepe, reports its lowest profit in seven years due to rising costs and a tough operating environment.
Acorn Holdings, led by Kenyan real estate magnate Edward Kirathe, expands student housing with new land acquisition in Eldoret.
Egypt’s second-richest man Naguib Sawiris to sell coastal property amid investment expansion.
South African insurance tycoon Adrian Gore nears billionaire status amid Discovery’s strong performance.
This strategic move aims to align employee interests with shareholders and comply with the Banking Institutions Act of 2023.
According to Bloomberg, Johann Rupert edges Aliko Dangote by $100 million, with a net worth of $13.4 billion vs. Dangote's $13.3 billion.
Elsewedy claims the top spot on the Egyptian Exchange with stake in multinational cable and electrical equipment manufacturer, Elsewedy Electric.
Aradel Holdings has surged past the $1 billion valuation mark, with its market capitalization exceeding $1.2 billion
