5 companies owned by the world’s richest Black woman, Oprah Winfrey
Billionaires.Africa has closely monitored prominent companies founded or partly owned by Winfrey, identifying her influence over these ventures.
Meet Gabonese oil tycoon Samuel Dossou-Aworet, who owns $170-million share in Nigeria’s top energy group
Dossou-Aworet’s meteoric rise from humble beginnings to the pinnacle of Africa’s energy elite is a tale of determination and razor-sharp business acumen.
Africa’s first Black billionaire Patrice Motsepe’s net worth rebounds with $200-million surge
Motsepe’s substantial stake of 89,092,411 ordinary shares in ARM constitutes most of his current $2.6-billion fortune.
Botswana tycoon Ramachandran Ottapathu challenges Choppies Supermarket’s Zimbabwe eviction
Choppies operates as a key player in the food and general merchandise retail sectors under the leadership of Ottapathu.
Nigerian pharma tycoon Fidelis Ayebae’s stake in Fidson is now worth $14.8 million
Under Ayebae’s guidance, Fidson Healthcare has achieved exceptional financial growth, reporting a significant increase in profits for the 2022 fiscal year.
Egyptian billionaire Naguib Sawiris’ net worth bounces back above $6 billion
The surge comes as a welcome development for Sawiris after witnessing a dip in his wealth below $6 billion earlier this month.
Africa’s richest man Johann Rupert’s Reinet posts $81-million net asset value plunge in Q1
Rupert holds a 24.9-percent stake in Reinet Investments, contributing to his status as Africa’s richest man.
Shoprite, linked to South African billionaire Christo Wiese, expects sales to surpass $12 billion
Wiese’s 11.63-percent stake in Shoprite is worth $952 million, cementing his position as one of the leading investors on the Johannesburg Stock Exchange.
Kenya’s Ndegwa family bolsters position as largest shareholder in NCBA Group with new $2.2 million shares
The Ndegwa family’s continuous investment in NCBA Group reflects their belief in the institution’s potential for growth and success.
Nigeria’s First Bank appoints billionaire businessman Femi Otedola as non-executive director
The move cements Otedola’s position as a leading figure in Nigeria’s business landscape and underscores his influence in the country’s financial sector.
15 companies owned by world’s richest Black billionaire, Aliko Dangote
His net worth stands at $10.8 billion, making him the world’s richest Black billionaire and the second-richest person in Africa.
5 assets owned by Nigerian-Lebanese billionaire Gilbert Chagoury
Gilbert holds a prominent position in Nigeria’s business landscape, and his philanthropic contributions have earned him respect and recognition.
Wealthy Kenyan businessman Andrew Ndegwa loses more than $1 million in 87 days
As a director on the board of the financial services giant, Ndegwa holds a significant 4.3-percent stake in NCBA Group.
Segun Agabaje-led GTCO becomes Nigeria’s most valuable lender, outshining Jim Ovia’s Zenith Bank
The upward trend in the lenders’ shares and market capitalization can be attributed to investors’ optimism about a potential increase in earnings and assets.
5 companies owned by South African billionaire Koos Bekker
Bekker ranks as one of Africa’s richest billionaires.
Bank linked to Nigerian billionaire Femi Otedola rakes in $240 million in profit in six months
Otedola holds the largest stake in the Lagos-based financial services holding group, with a 5.57-percent stake as of June 30, 2023.