Saturday, April 20, 2024

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Kenyan tycoon Gideon Muriuki’s Co-op Bank provides $3.75-million boost to brokerage unit
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
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South African tycoon Jonathan Jawno’s Transaction Capital sells Australian unit of Nutun

Aligned with its value-maximization strategy, Transaction Capital is also pursuing the separation of its WeBuyCars unit, targeting R1.25 billion ($65 million) in capital.

Nigerian billionaire TY Danjuma unveils eye hospital in Taraba State
Universal Music Group acquires majority stake in Don Jazzy’s Mavin Global
Nigerian tycoon Taiwo Afolabi’s group halts port operations in wake of terminal fire
Nigerian president appoints billionaire business leaders to Economic Advisory Committee
Patrice Motsepe’s stake in ARM declines by $137 million
South African tycoon Vivian Reddy reveals $1.55-million annual spend on diesel
Hot News

Top Black CEO Marvin Ellison loses $4.6 million from Lowe’s shares

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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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Hot News
Nigerian billionaire Femi Otedola’s energy firm targets $23.9-million revenue in Q2 2024
Hot News
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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10 companies linked to Mauritian tycoon Arnaud Lagesse
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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
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

Southern AfricaView All

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Latest News

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
Kenyan tycoon Suresh Bhagwanji Shah loses $6.2 million from I&M Bank stake

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