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.

Egyptian tycoon Ahmed El Sewedy’s electric company records over $44 million in profit in Q1 2022

The El-Sewedy family owns 68 percent of the corporation, or 1,478,689,860 ordinary shares.

Ivorian businessman Jean-Luc Konan’s COFINA Group secures $64.2 million from DPI

Based in Abidjan, COFINA Group was founded in 2014.

Zimbabwean billionaire Strive Masiyiwa loses over $620 million as Econet shares slump

Masiyiwa owns a 52.85-percent stake of Econet Zimbabwe.

5 multimillionaires from Ivory Coast you’ve never heard of

You might not know their names, but you should.

5 multimillionaires from Djibouti you’ve never heard of

Meet five ultra-wealthy Djiboutian entrepreneurs who are individually worth $30 million or more.


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.

Egypt’s second-richest man unveils $1.2 billion in investment projects in Uzbekistan

The announcement came during a meeting between Egypt's second-richest man Naguib Sawiris and Uzbek President Shavkat Mirziyoyev.