Nigerian energy tycoon Wale Tinubu gains $40 million from Oando stake
Tinubu, a towering figure in the Nigerian energy industry, who owns 66.67 percent of Ocean and Oil Development Partners (OODP), has an indirect stake in Oando.
Tinubu, a towering figure in the Nigerian energy industry, who owns 66.67 percent of Ocean and Oil Development Partners (OODP), has an indirect stake in Oando.
Under the visionary leadership of Mwangi, Equity Group has emerged as a dominant force in East and Central Africa.
Azudialu-Obiejesi’s decision to procure the G-700 aircraft underscores his commitment to building a world-class energy conglomerate.
The Merali family has seen the market value of their shares in Sasini drop by Ksh462.95 million ($3.15 million) in the past 21 days.
Ellerine owns a 9.52-percent stake in Sabvest Capital, making him the second-largest shareholder in the investment holding company.
The hotel, valued at several millions of dollars, is located directly across from Delta Mall Asaba.
Flutterwave CEO and Co-Founder, Olugbenga Agboola disclosed this strategic move in a recent media interview held in Nairobi.
OneTech’s remarkable growth over the years owes much to the vision of its founder, who established the firm in 1978.
Musangi is the founder of Mukite Musangi & Company Advocates (MMC), a prominent Kenyan legal firm.
Discovery Limited is a Sandton-based insurance conglomerate led by South African businessman Adrian Gore.
Sefrioui, one of Morocco’s wealthiest businessmen, owns a 64-percent stake in the Moroccan property developer.
The market value of the stake held by the affluent Khamis family has increased by EGP 184.40 million ($1.26 million) in just 28 days
Fourie has effectively held the reins as group CEO and executive director of Capitec Bank Group since his appointment in March 2014.
Langat envisions the school, dubbed the ACK Dr. David Langat School, as a self-reliant entity.
Le Roux holds an 11.39-percent stake in Capitec Bank, or 13,190,043 shares.
Muriuki owns a substantial two-percent stake in Co-operative Bank Group, translating to 117,471,300 ordinary shares.