Dwayne ‘The Rock’ Johnson joins WWE owner’s board after $5-billion Netflix deal
As part of this collaboration, Johnson will receive intellectual property rights to the “The Rock” trademark and associated catchphrases.
Ghanaian businessman signs $1-billion deal with Indian carbon credit developer
In addition to the billion-dollar deal, Agyepong announced the provision of scholarships for 10 individuals interested in pursuing studies on climate change this year.
South African tycoon Jens Montanana’s Datatec acquires UK-based Rebura
Datatec has made a significant stride in expanding its global presence by acquiring Rebura.
Africa’s richest man Aliko Dangote’s net worth hits $20 billion, gaining $5.2 billion
With a current net worth of $20.3 billion, Dangote has solidified his position as Africa’s richest person.
South African executive Mpumi Madisa pockets $2.4-million salary in 2023
The generous package highlights Madisa’s pivotal role in steering Bidvest to outstanding financial success.
Africa’s billionaires gain $900 million in 2023 with Femi Otedola’s Forbes return
According to Forbes, the combined net worth of the 20 billionaires on the 2024 Forbes list of Africa’s richest people stands at an impressive $82.4 billion.
Aliko Dangote’s cement company becomes first Nigerian firm with N10-trillion market cap
The surge in Dangote Cement shares coincides with Nigerian billionaire Femi Otedola’s strategic investment in the leading cement company.
Diddy settles disputes, Diageo secures full ownership of Ciroc and DeLeon tequila
The joint statement reinforces the severed business ties and emphasizes the parties’ commitment to moving forward independently in the spirits industry.
Nigerian tycoon Tony Elumelu’s energy company surpasses production milestone
Elumelu acknowledges Heirs Energies’ team for industry leadership, applauds CEO for pioneering impact.
South Africa’s richest man Johann Rupert’s Richemont hits $6.1 billion in Q3 sales
Rupert’s wealth skyrockets to $12 billion as Richemont’s sales surpass expectations.
Nigerian cannabis mogul Bassim Haidar gives $0.38-million boost to UK political party
This move positions Haidar as the second Nigerian businessman to contribute significantly to the UK Conservative Party.
Africa’s first Black billionaire Patrice Motsepe’s bank targets $1-billion valuation
The bank is eyeing substantial funding of up to $100 million in a Series-D round.
Tiger Woods’ net worth hits $1.36 billion after Nike breakup
However, in a move that sent shockwaves through the sporting world, Woods recently parted ways with Nike. The reason for the split remains shrouded in secrecy.
Abdul Samad Rabiu overtakes Mike Adenuga as Nigeria’s second-richest man
Rabiu’s $7.2-billion fortune places him second in Nigeria, fifth in Africa, and 343rd globally on Forbes’ billionaires list.
Africa’s richest man Aliko Dangote makes $1.5 billion within 24 hours
The impressive surge in his fortune over the past 24 hours has seen his net worth increase from $15.5 billion to $17 billion.
Telecom firm linked to Malagasy tycoon Hassanein Hiridjee secures $60-million loan from IFC
The arrangement, structured in collaboration with Societe Generale Benin and Ecobank Togo, aims to propel Togocom into a new era of digital advancement.