Thursday, April 25, 2024

Latest Stories

Mansour family firm to launch new car model in Egypt with $20 million
Greek tycoon John Coumantaros loses $6.9 million from Flour Mills stake
Nigerian mogul Abdul Samad Rabiu loses $1.2 billion as naira weakens against U.S. dollar
David Steward surpasses Robert F. Smith to become America’s richest Black billionaire
Tracy ‘T-Mac’ McGrady: NBA legend whose business ventures are people-oriented
South Africa’s second-richest man Nicky Oppenheimer’s wealth drops by $600 million
Karooooo shares propel South African tech leader Zak Calisto’s wealth by $33 million
Moroccan tycoon Anas Sefrioui faces $190-million loss in ADH stake within a week
Nigerian chess master Tunde Onakoya seeks $1-million funding for initiative
South African tycoon Giovanni Ravazzotti takes $8.6-million hit on Italtile stake
Hot News

Startup backed by South billionaire Koos Bekker’s Naspers secures $16 million from Standard Bank

The recent funding from Standard Bank is a significant milestone toward achieving this goal and transforming auto financing for traditionally underserved demographics.

Egyptian tycoon Hani Berzi loses nearly $18 million from Edita stake
Moroccan Prime Minister Aziz Akhannouch’s wealth declines by $100 million
Nigeria’s second-richest man Abdul Samad Rabiu gains $4.18 billion in wealth this year
Nigerian billionaire Femi Otedola is $300-million richer in 28 days
Egyptian tycoon Medhat Khalil gains nearly $23 million in just five days
Africa’s richest man Aliko Dangote secures spot among world’s biggest gainers
Hot News

Greek tycoon John Coumantaros loses $6.9 million from Flour Mills stake

Hot News

Nigerian mogul Abdul Samad Rabiu loses $1.2 billion as naira weakens against U.S. dollar

Hot News

David Steward surpasses Robert F. Smith to become America’s richest Black billionaire

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Tracy ‘T-Mac’ McGrady: NBA legend whose business ventures are people-oriented

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West & Central AfricaView All

Hot News
Nigerian tycoon Michael Nzewi’s firm sells stake in i-Fitness for $12 million
Hot News
Greek tycoon John Coumantaros loses $6.9 million from Flour Mills stake
Nigerian mogul Abdul Samad Rabiu loses $1.2 billion as naira weakens against U.S. dollar
Nigerian chess master Tunde Onakoya seeks $1-million funding for initiative
Marketers anticipate Africa’s richest man Aliko Dangote to slash diesel price to less than $0.7 per liter
Nigerian tycoon Tony Elumelu-linked power company reports strong Q1 2024, revenue tops $60 million

East AfricaView All

East Africa
7 companies owned by Kenyan businessman Sarbjit Singh Rai
East Africa
Kenya’s wealthy Merali family loses $1.2 million from Sasini Tea stake
Bamburi Cement, backed by Kenyan tycoon Baloobhai Patel, to distribute $15 million to shareholder
Kenyan entrepreneur Tesh Mbaabu’s startup shuts down B2B distribution unit after $40-million fundraise
Kenyan tycoon Suresh Bhagwanji Shah loses $6.2 million from I&M Bank stake
Kenyan tycoon Gideon Muriuki’s Co-op Bank provides $3.75-million boost to brokerage unit

Southern AfricaView All

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Latest News

South African-born tycoon Barry Stuhler gains $4.2 million from Lighthouse stake
Dangote’s half-brother Sayyu Dantata’s oil firm mulls Nigerian Exchange exit
South African billionaire Michiel Le Roux’s Capitec Bank reports $550.8 million in earnings

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