Nigerians now able to preorder Elon Musk’s Starlink service
SpaceX is just one of many ventures owned by Musk.
Ghanaian tycoon Joseph Siaw Agyepong to set up Rice Milling company
Agyepong is the founder of Jospong Group, a large Ghanaian conglomerate.
Patrice Motsepe’s ARM stake value jumps $212.5 million thanks to success on JSE
ARM is South Africa’s first Black-owned mining company.
Egypt’s richest man Nassef Sawiris purchases luxurious Beverly Hills mansion for $24 million
The Beverly Hills mansion is just one of Sawiris’ luxurious properties.
Eight of 10 wealthiest Black Americans too poor to make Forbes 400 list
This is a clear indication of the wealth gap that exists in the United States.
Snoop Dogg launches cannabis brand
The brand will operate as a subsidiary of Death Row Records.
Ethiopia’s wealthiest man Mohammed Al-Amoudi experiences billion-dollar loss in 2022
Al-Amoudi remains one of the wealthiest individuals in Africa.
Nigerian tycoon Benedict Peters’ firm fails to overturn Shell arbitration award
Aiteo is an integrated energy company.
Nigeria’s second-richest man supports higher education with $12.3-million donation
Rabiu’s grant will provide a much-needed boost to higher education in Nigeria.
Swazi billionaire’s fortune sees unexpected $100-million recovery after major drop
The majority of Natie Kirsh’s fortune stems from his 75-percent stake in Jetro Holdings.
Billionaire Patrice Motsepe’s ARM faces $195-million lawsuit from Tanzania’s Pula
Motsepe owns a 39.7-percent stake in ARM.
South African billionaire Johann Rupert loses $300 million in December
The market value of Rupert’s stake in Richemont fell rom $7.71 billion to $7.54 billion in December alone.
Adidas struggles to sell $530 million worth of sneakers after cutting ties with Ye’s Yeezy brand
Ye’s net worth has declined by $1.6 billion since Adidas severed ties with Yeezy brand.
Q&A with Nigerian mining entrepreneur Emotan Josephine Aburime-Shine
Her company also invests heavily in training artisanal and small-scale miners in Nigeria.
French billionaire Vincent Bollore’s group completes sale of African logistics arm to MSC
Bollore derives most of his wealth from his interest in Bollore Group.
This Nigerian-born NBA Player is youngest athlete on Forbes’ top 10 highest-paid list
Giannis Antetokounmpo is just 28 years old.