Friday, April 19, 2024

Latest Stories

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
Egyptian Egyptian businesswoman Hend El-Sherbini’s IDH posts $84.5-million revenue in 2023
Kenya’s richest banker James Mwangi loses $3.3 million from stake in Equity Group
Africa’s richest person Aliko Dangote’s refinery slashes diesel prices in Nigeria
African-American billionaire Alex Karp’s loses $100 million in 16 days
Nigerian tycoon Atedo Peterside loses $3.4 million from Stanbic IBTC stake
South African billionaire Koos Bekker’s Prosus backs Sydney startup in $33-million raise
South African tycoon Gus Attridge gains $7.95 million from Aspen shares
Nigerian energy tycoon Austin Avuru-linked Seplat generates $1.7-billion cash flow in last decade
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South African tycoon Adrian Gore loses $25.6 million from Discovery shares

Despite the setback, Gore remains a prominent figure on the JSE and retains his position as one of South Africa’s wealthiest individuals and leading business executives.

African-American billionaire Alex Karp gains $600 million in just 9 days
Kenya’s wealthy Merali family loses $1.9 million from investment in Sasini Tea
Companies and ventures linked to the late Nigerian banker Herbert Wigwe
Tanzanian billionaire Rostam Aziz to pocket millions from sale of container terminal
Egyptian billionaire Yasseen Mansour rakes in $2.8 million from real estate firm
India’s richest man Gautam Adani ventures into Tanzania with Ticts acquisition
Hot News

Black businesswoman Cathy Hughes’ Urban One to acquire four Houston radio stations

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Egyptian Egyptian businesswoman Hend El-Sherbini’s IDH posts $84.5-million revenue in 2023

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Kenya’s richest banker James Mwangi loses $3.3 million from stake in Equity Group

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Africa’s richest person Aliko Dangote’s refinery slashes diesel prices in Nigeria

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West & Central AfricaView All

Hot News
Ghanaian executive Selorm Adadevoh guides MTN Ghana to $1-billion revenue in 2023
Hot News
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
Nigerian energy tycoon Austin Avuru-linked Seplat generates $1.7-billion cash flow in last decade
U.S.-Nigerian telecom tycoon Sam Darwish loses $6 million as IHS shares plunge
Nigerian tycoon Tony Elumelu-linked power company pays off foreign currency loan

East AfricaView All

East Africa
Kenya’s Merali family suffers almost $4-million loss from Sasini Tea stake
Hot News
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
Kenyan investment banker Jimnah Mbaru gains $1.2 million in 37 days
Kenya’s richest banker James Mwangi makes nearly $4 million in 2 weeks

Southern AfricaView All

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Latest News

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

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