Nkontchou controls a beneficial 0.98-percent stake in the bank.
The news comes despite a slump in fortified sugar sales and a single-digit increase in its direct production costs.
Le Roux founded Capitec Bank, one of South Africa’s largest retail banks, about 21 years ago.
Float offers innovative solutions to the cash-flow issues that African small and medium businesses experience on a daily basis.
Jospong Group of Companies is one of Ghana's most diversified holding companies.
So far this year, BUA Foods’ stock ranks as the best performing stock on the Nigerian Exchange.
Dangote's wealth has increased by over $929 million since the start of the year.
Ovia's stake in Zenith Bank is now valued at more than $312 million.
Ajim Capital plans to write checks between $25,000 to $150,000 for at least 60 tech startups in Africa.
Nkontchou spent a total cash consideration of $2.35 million to increase his stake from 0.26 percent to 0.98 percent.