Friday, April 19, 2024

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Top Black CEO Marvin Ellison loses $4.6 million from Lowe’s shares
Nigerian billionaire Femi Otedola nears $2-billion net worth as naira strengthens
Tyler Perry signs new deal with BET following multimillion-dollar Netflix contract
South African media tycoon Terrence Moolman loses $7.6 million from Caxton stake
Nigerian gambling magnate Kessington Adebutu faces $4-million loss in Wema Bank shares
South African-British billionaire Clive Calder’s net worth takes $320-million hit
South African exec Anthony Leeming-led Sun Int’l finalizes $14.4-million exit from Nigeria
Kenyan entrepreneur Thomas Njeru’s Pula raises $20 million to broaden insurance access for farmers
South African multimillionaire Saltzman family sees $44.1-million loss on Dis-Chem stake
Black businesswoman Cathy Hughes’ Urban One to acquire four Houston radio stations
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America’s richest Black man Robert F. Smith loses $600 million in 19 days

Smith slips; trails KKR’s Henry Kravis on the Bloomberg Billionaires Index.

South African billionaire Stephen Saad earns $2-million salary from Aspen in 2023
Pick ‘n Pay, led by South African Ackerman family, launches food waste reduction initiative
Druski joins elite ranks of top-earning creators, amasses $10 million in single year
7 companies owned by Nigeria’s richest woman Folorunso Alakija
Ivorian tycoon Bernard Kone Dossongui ventures into cement business in Madagascar
Creating African giants: The transformative power of capital and financial investment
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Nigerian billionaire Femi Otedola nears $2-billion net worth as naira strengthens

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Tyler Perry signs new deal with BET following multimillion-dollar Netflix contract

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South African media tycoon Terrence Moolman loses $7.6 million from Caxton stake

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Nigerian gambling magnate Kessington Adebutu faces $4-million loss in Wema Bank shares

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Hot News
U.S.-Nigerian telecom tycoon Sam Darwish’s stake in IHS surges above $70 million
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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
Nigerian gambling magnate Kessington Adebutu faces $4-million loss in Wema Bank shares
Africa’s richest person Aliko Dangote’s refinery slashes diesel prices in Nigeria
Nigerian tycoon Atedo Peterside loses $3.4 million from Stanbic IBTC stake

East AfricaView All

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The 10 richest Tanzanians on the Dar es Salaam Stock Exchange
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Kenyan tycoon Gideon Muriuki’s Co-op Bank provides $3.75-million boost to brokerage unit
Kenyan entrepreneur Thomas Njeru’s Pula raises $20 million to broaden insurance access for farmers
Kenya’s richest banker James Mwangi loses $3.3 million from stake in Equity Group
Kenyan tycoon Narendra Raval’s Devki Group secures $32.7-million credit facility
Backed by Kenya’s richest families, NCBA provides $11.96-million loan to Mauritius firm

Southern AfricaView All

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Latest News

Africa’s richest man Aliko Dangote’s refinery ramps up production with U.S. crude
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

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