Boxing legend Floyd Mayweather lists Beverly Hills mansion for $48 million
Boxing legend Floyd Mayweather lists his Beverly Hills mansion for $48 million, nearly doubling the price he paid in 2017, as part of his extensive real estate investments.
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OCI, owned by Egypt’s richest man Nassef Sawiris, to sell methanol business for $2.05 billion
The $2.05-billion deal includes U.S. and European assets and a stake in Natgasoline LLC.
Eswatini’s richest man Natie Kirsh gains $1.66 billion in 2024
Kirsh, now ranked 286th globally, is the only African billionaire to gain more than $1.5 billion in 2024.
Kevin Hart’s vegan restaurants in California shut down after 2 years
The closures mark an unexpected end for the brand, which had gained attention for its health-focused menu and competitive pricing.
Access Bank linked to Nigerian banker Aigboje Aig-Imoukhuede secures new deal to boost SME lending in Ghana
The partnership is expected to drive economic growth, job creation, and particularly support women-owned businesses in the country.
South African tech leader Zak Calisto’s Karooooo stake tops $950 million
Calisto’s net worth has surged significantly, driven by a sharp rise in the market value of his shares in Karooooo.
Michael Jordan sells mansion for $14.85 million after 12 years on the market
The sale comes 12 years after the sprawling, custom-built estate was first listed for $29 million in 2012.
Nigerian commodities tycoon Ibidapo Lawal raises $15 million for Neveah
Neveah’s revenue has grown by 858 percent in four years.
Kenyan billionaire heiress Mary-Ann Musangi elected chair of KAM’s Women in Manufacturing Committee
Musangi will focus on increasing women's representation and promoting sustainability in manufacturing.
United Capital, led by Peter Ashade, sees $900-million domestic dollar bond oversubscribed; reflects investor confidence
The bond attracted Nigerian, diaspora, and institutional investors.
Indian billionaire Gautam Adani's energy firm pushes on with transmission deal in Kenya
This clarification comes after a presidential adviser previously suggested that deals worth up to $1.3 billion had been finalized.
South African billionaire Johann Rupert’s Richemont seals acquisition of Italian jewelry brand
The move expands Richemont’s “Jewellery Maisons” division, which includes brands like Cartier and Van Cleef & Arpels.
Nigerian banker Segun Agbaje leads GTCO to $552-million profit in H1 2024
This aligns with GTCO's ambitious target to become the first Nigerian company to achieve a $1 billion profit milestone.
South African billionaire Nicky Oppenheimer’s wealth surges by $1.43 billion in 2024
Oppenheimer’s net worth has risen from $9.85 billion at the start of the year to $11.3 billion, solidifying his place among the world’s wealthiest individuals.
Sasol names South African executive Muriel Dube as new chair amid strategic shift
Her appointment comes at a pivotal moment for Sasol, which is repositioning itself in the energy market by expanding its natural gas operations.