Wednesday, April 24, 2024

Latest Stories

South African tycoon Giovanni Ravazzotti takes $8.6-million hit on Italtile stake
Marketers anticipate Africa’s richest man Aliko Dangote to slash diesel price to less than $0.7 per liter
South African billionaire Stephen Saad’s Aspen to boost global supply of obesity medication
Kenyan tycoon Gideon Muriuki-led bank’s wealth arm hits $1.7 billion in assets under management
Anthony Tiffith: A ‘Top Dawg’ in the business realm
South African tycoon Tshepo Mahloele’s Capitec Bank stake slips after $1-billion milestone
Egypt’s Khamis family gains $18.8 million from Oriental Weavers stake
Egyptian tycoon Hisham Talaat Moustafa’s TMG share loses $109 million in value
South African-born billionaire Patrick Soon-Shiong loses $800 million in 13 days
Egyptian tycoon Ahmed El Sewedy’s electric firm announces $22-million dividend for shareholders
Hot News

Billionaire Michael Lee-Chin sells $9.8-million stake from Jamaica’s biggest lender

The sale comes amid NCBFG’s plans for an additional public offering (APO) aimed at issuing between 300–450 million new shares to raise over $20 billion.

Morocco’s second-richest man Othman Benjelloun rakes in $80 million from BOA stake
African-American billionaire Alex Karp gains $100 million in just 8 days
Meet Sarah Bond: Black executive leading gaming industry’s transformation
South African executive Raisibe Morathi pockets $1.48 million as Vodacom CFO
7 companies owned by Egyptian billionaire Hisham Talaat Moustafa
South African businessman Barry Swartzberg loses $12.6 million in 23 days
Hot News

Marketers anticipate Africa’s richest man Aliko Dangote to slash diesel price to less than $0.7 per liter

Hot News

South African billionaire Stephen Saad’s Aspen to boost global supply of obesity medication

Hot News

Kenyan tycoon Gideon Muriuki-led bank’s wealth arm hits $1.7 billion in assets under management

Hot News

Anthony Tiffith: A ‘Top Dawg’ in the business realm

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Hot News
Davido donates $200,000 to orphanages throughout Africa’s largest economy
Hot News
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
Nigerian tycoon Tony Elumelu’s Transcorp Hotels sells entire stake in Calabar unit
Africa’s richest man Aliko Dangote’s refinery ramps up production with U.S. crude
Nigerian billionaire Femi Otedola nears $2-billion net worth as naira strengthens

East AfricaView All

East Africa
Bank led by Kenyan banker Rebecca Mbithi plans expansion with $62.1-million rights issue
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

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

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