Feyisayo Ajayi

Feyisayo Ajayi is a financial reporter for Billionaires.Africa. He covers topics ranging from company valuations to educational technology. Feyisayo holds a degree in geology from the acclaimed University of Ibadan.

U.S. President Joe Biden commits $300-million credit facility to Strive Masiyiwa’s ADC

Owned by Zimbabwean billionaire Strive Masiyiwa, ADC is a carrier-neutral data center provider affiliated with Cassava Technologies.

Shoprite shares slump costs South African billionaire Christo Wiese $159.7 million in net worth

Over the past 118 days, Wiese's stake in Shoprite has suffered a significant decline.

Egyptian billionaire Mohamed Mansour makes historic $6.2-million donation to UK Conservative Party

The contribution marks the largest individual donation received by the party in the past two decades.

Nigerian billionaire banker Jim Ovia scores $43-million gain from Zenith Bank stake

Ovia's stake in Zenith Bank soars, adding $42.93 million in value in 34 days amid a bullish market.

Nigerian businessman Tony Elumelu’s stake in UBA now worth $44 million

Elumelu's strategic acquisition boosts stake in UBA to $44 million, cementing position as one of Nigeria's leading investors.

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Africa’s richest man adds $769 million to fortune in 24 hours; net worth surpasses $21 billion

President Tinubu’s bold policies propel the Nigerian Equities Market, catapulting Africa's richest man Aliko Dangote’s fortune

America’s richest black billionaire Robert F. Smith maintains top spot with $12 billion net worth

Robert F. Smith, America's richest black billionaire holds firm to top spot with a whopping $12 billion net worth

Nigeria’s richest banker Jim Ovia rakes in $26 million in single day as NGX soars

This recent surge has further solidified Ovia's position as one of the most affluent investors on the Nigerian Exchange.

Zimbabwe’s richest man Strive Masiyiwa sees net worth decline by $100 million

Despite the recent setback, Masiyiwa's net worth is still up by a remarkable $900 million since the start of the year.