Elon Musk’s satellite Internet service Starlink to launch in Kenya in Q2
Starlink is the satellite Internet service provided by SpaceX.
African-American VC launches $17-million fund for startups driving demographic change
Woodard made headlines in 2016 when she joined 500 Startups.
South billionaire Koos Bekker gains $50 million as JSE hits all-time high
The South African billionaire controls 0.96 percent of Naspers.
Disgraced South African mogul Markus Jooste barred from boardrooms for 20 years
Jooste was found to have violated listing requirements.
America’s richest Black billionaire Robert Smith’s Vista Equity to buy Duck Creek for $2.6 billion
Smith founded Vista Equity Partners in 2000.
Sawiris family, Egypt’s richest, suffers $800 million net worth loss in 2022
The family’s combined wealth includes the fortunes of Naguib, Samih, and Nassef Sawiris.
South African billionaire Johann Rupert gains $400 million in first week of 2023
Rupert derives most of his wealth from his 9.14-percent stake in Richemont
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.