South African billionaire Patrice Motsepe’s TymeBank hits 8 million customers
Motsepe boasts a net worth of $2.2 billion, making him the richest Black billionaire in Southern Africa.
5 organizations linked to Kgalema Motlanthe, South Africa’s third president
Motlanthe’s influence extends to several organizations, and here are five prominent ones where he holds substantial ownership or influential board positions.
Somali mogul Ismail Ahmed challenges British firm’s money printing contract in Somaliland
Ahmed is the co-founder of Zepz, a conglomerate housing globally acclaimed payment giants WorldRemit and Sendwave.
Nigerian billionaire Abdul Samad Rabiu to bring cement prices below $4.5 per bag by 2024
Under the leadership of Rabiu, BUA Cement has firmly established itself as Nigeria’s second-largest cement producer.
Nigeria’s second-richest man commences construction of $3.25 million oncology center
Abdul Samad Rabiu, ranked as Africa’s fifth-richest individual and Nigeria’s second-richest man, boasts a net worth of $6.5 billion.
Four billionaires, including Dangote’s stepbrother, bag multimillion-dollar NNPC deal
The rehabilitation contracts have drawn both praise and criticism from industry stakeholders.
Coco Gauff nets $781,100, adding to $5-million windfall at U.S. Open
Gauff presently ranks as the world’s number-three female tennis player, trailing behind 22-year-old Iga Swiatek and 25-year-old Belarusian pro Aryna Sabalenka.
Meet Sello Moloko, South African tycoon behind multimillion-dollar investment empire
Moloko stands as a beacon of hope in the fast-paced business world and financial services industry.
Adil Popat: Kenyan billionaire reshaping billion-dollar Simba Corp
Rather than simply inheriting wealth, Popat has multiplied it, transforming the billion-dollar empire known as the Simba Corp.
7 companies owned by Drake
Aubrey Graham, better known as Drake, isn’t just a rapper and singer; he’s a mogul whose influence stretches beyond music.
Richest Nigerian banker Jim Ovia’s stake in Zenith Bank declines by $32 million
Ovia, a key figure in the evolution and digital transformation of Nigeria’s banking industry, founded Zenith Bank in 1990.
Druski joins elite ranks of top-earning creators, amasses $10 million in single year
Notably, Druski continues to serve as a Google Pixel ambassador, starring in their latest television commercial for the 2023 NBA Playoffs.
7 companies owned by Nigeria’s richest woman Folorunso Alakija
Billionaires.Africa has identified and cataloged seven companies owned by Alakija, showcasing her diverse business empire.
Africa’s biggest lender appoints South African mogul Johan Burger as chairman
The board has expressed confidence that Burger’s appointment meets the necessary criteria for independence and competence.
World’s richest Black woman Oprah Winfrey gains $300 million in just five days
With a net worth of $2.8 billion, Winfrey remains a top figure among the world’s richest Black individuals.
Michael Jordan joins the world’s 1,000 richest individuals
Jordan’s enduring legacy as a sports icon and astute businessman continues to shine brighter than ever.