Nigerian entrepreneur Emmanuel Okeleji’s SeamlessHR processes $311-million payroll across Africa in 2023
Under the leadership of Okeleji, CEO and co-founder, SeamlessHR remained the go-to partner for businesses across various sectors.
Africa’s largest salt mine owner advocates for secure global pharmaceutical salt supply
Daniel McKorley’s key recommendation was the establishment of a global consortium to ensure a steady pharmaceutical salt supply.
Fani Titi-led Investec secures Takealot as tenant for $313-million logistics park
The move highlights the diversified nature of its business, extending beyond financial services.
Led by South African Ackerman family, Pick ‘n Pay plans $210-million rights issue, listing of Boxer
Pick ‘n Pay announces plans for a rights issue to raise up to R4 billion ($210 million) and the listing of its discount grocery chain, Boxer.
Nigerian tycoon Michael Nzewi’s firm sells stake in i-Fitness for $12 million
The transaction, valued at $18.5 million, marks a significant achievement for Cardinal Stone, which realized $12 million from the sale of its 65-percent stake in i-Fitness.
Africa’s richest man Aliko Dangote faces $1.4-billion net worth plunge in 24 hours
The major driver behind this sudden fall is the recent decline in the market value of his substantial holdings in Dangote Cement Plc.
Beyonce launches Cecred, her first-ever hair care line
Early in May 2023, Beyonce began dropping hints about Cecred during the Renaissance Tour, and now the line has been officially introduced to the market.
Africa’s first female billionaire Isabel dos Santos challenges corruption charges
Dos Santos has launched a counteroffensive with a detailed cover story featured in the Portuguese magazine Expresso.
Backed by South Africa’s richest man, Seacom eyes deals in East and West Africa
Seacom CEO Alpheus Mangale revealed the company’s growth strategy, highlighting the crucial role of acquisitions in its expansion plans.
Controversial South African mogul Edwin Sodi’s mansion listed for $4 million
The mansion, once the pride of Sobi, a troubled businessman, was listed by Lynn Petzer of Lynn Estates.
Meet Olajumoke Adenowo: Her latest project is an $880-million complex in South Africa
The complex is more than a construction project; it’s a blueprint for the future.
America’s richest Black woman Oprah Winfrey named one of Hawaii’s top billionaire landowners
Committed to conservation, Winfrey intends to keep the land vacant, planting native species to aid in restoring the lost watershed.
Black businesswoman Fawn Weaver’s whiskey empire nears $1-billion valuation
In addition to her role at the helm of Uncle Nearest Premium Whiskey, Weaver is the founder of the Nearest Green Foundation.
Mohamed Alabbar, owner of world’s tallest building Burj Khalifa, eyes Zimbabwe for expansion
Alabbar’s extensive business portfolio includes Emaar Properties, a leading real estate developer, and notable ventures such as Noon.com, an e-commerce platform.
Companies owned by America’s supermodel, Tyra Banks
Beyond the runway, the mega mogul ventured into new territories, launching Bankable Productions.
South Africa’s richest man Johann Rupert sees $1.05-billion surge in net worth
The recent increase in Rupert’s fortune is linked to the performance of his 9.14-percent stake in Richemont.