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

South African-born billionaire Patrick Soon-Shiong loses $800 million in 13 days

The decline marks a continuation of the previous trend for Soon-Shiong, who previously saw his net worth decrease by $400 million earlier this month, between March 25 and April …

Wema Bank backed by Nigerian gambling magnate hit by over $500,000 fraud loss
FirstRand shares slump costs South African tycoon Laurie Dippenaar $10.3 million
South Africa’s richest person Johann Rupert’s net worth soars $200 million in a day
South African tycoon Adrian Gore’s Discovery stake slumps by nearly $40 million
Backed by Kenya’s richest families, NCBA provides $11.96-million loan to Mauritius firm
Dangote’s fortune rebounds above $17 billion as naira leads global currencies in April
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

Hot News

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

Exclusive

Aicha Evans: Senegalese-American executive who led the $1.3-billion acquisition of Zoox by Amazon
South African tycoon Zunaid Moti counters investigation into Zimbabwean lithium mine, cites valuation up to $1.4 billion
Alicia Boler Davis: African-American engineer serving on JPMorgan’s board
Vivian Reddy: South African tycoon behind $68.5-million Oceans Mall Umhlanga
10 assets controlled by King Mswati III of Eswatini
Piet Mouton: South African billionaire holding $580 million in Capitec shares
John W. Thompson: Black executive behind one of the world’s largest tech mergers
Meet Clifton R. Wharton, Jr.: First Black CEO of a Fortune 500 company
Meet Shonda Rhimes: Powerhouse producer of ‘Bridgerton,’ who ranks as one of America’s richest Black women
Meet Calvin Butler, Jr., one of the newest Black executives leading America’s biggest companies

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West & Central AfricaView All

Hot News
Nigerian tycoon Atedo Peterside loses $3.4 million from Stanbic IBTC stake
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

Hot News
Kenya’s richest banker James Mwangi makes nearly $4 million in 2 weeks
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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