Thursday, April 25, 2024

Latest Stories

Cement company of Africa’s richest man doubles revenue to $659.3 million in Q1 2024
Access Holdings’ $1.71B capital raise: Nigerian banker Aigboje Aig-Imoukhuede’s global vision unveiled
Oprah Winfrey’s wealth hits $3 billion: Inside her $200 million gain and Hawaiian estate
NCBA Bank, backed by Kenya’s richest, hikes loan rates: What it means for your wallet
Kenyan billionaire Baloobhai Patel buys big, now owns more than 1 percent of Absa Bank
South African billionaire Koos Bekker’s Naspers pumps $56 million into share buyback to boost shareholder value
An ‘Agent’ of Change: Meet Sports Agency Powerhouse, Rich Paul
Egyptian tycoon Hani Berzi loses over $21 million from Edita stake in just 9 days
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
Hot News

South African billionaire Michiel Le Roux’s Capitec Bank reports $550.8 million in earnings

Demonstrating its commitment to shareholder returns, Capitec Bank’s board of directors declared a final dividend of R3.345 ($0.1754) per share on April 22, 2024.

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
Hot News

Access Holdings’ $1.71B capital raise: Nigerian banker Aigboje Aig-Imoukhuede’s global vision unveiled

Hot News

Oprah Winfrey’s wealth hits $3 billion: Inside her $200 million gain and Hawaiian estate

Hot News

NCBA Bank, backed by Kenya’s richest, hikes loan rates: What it means for your wallet

Hot News

Kenyan billionaire Baloobhai Patel buys big, now owns more than 1 percent of Absa Bank

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Five business ventures of Paul Millsap
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Companies owned by the world’s richest Black woman, Oprah Winfrey
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This Week In Review: A Snapshot of African Wealth Dynamics — Strategic Moves by Peters, Otedola’s Dividend Windfall, and Dangote’s Expansion (Feb. 5 to 10)

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West & Central AfricaView All

Hot News
Dangote’s half-brother Sayyu Dantata’s oil firm mulls Nigerian Exchange exit
Hot News
Cement company of Africa’s richest man doubles revenue to $659.3 million in Q1 2024
Access Holdings’ $1.71B capital raise: Nigerian banker Aigboje Aig-Imoukhuede’s global vision unveiled
Dangote’s half-brother Sayyu Dantata’s oil firm mulls Nigerian Exchange exit
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

East AfricaView All

East Africa
Kenya’s wealthy Merali family loses $1.2 million from Sasini Tea stake
Hot News
Kenyan billionaire Baloobhai Patel buys big, now owns more than 1 percent of Absa Bank
Kenyan tycoon Gideon Muriuki-led bank’s wealth arm hits $1.7 billion in assets under management
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

Southern AfricaView All

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Latest News

South African billionaire Mouton family firm hits $21.3 billion assets under management
South African billionaire Koos Bekker’s Naspers stake soars past $320 million
Jim Ovia’s Zenith Bank stake sees $14.63 million drop amid share price fall

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