Thursday, April 25, 2024

Latest Stories

Mansour family firm to launch new car model in Egypt with $20 million
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
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
South African tycoon Giovanni Ravazzotti takes $8.6-million hit on Italtile stake
Hot News

Kenyan banker Gideon Muriuki leads Co-op Bank to record $170-million profit in 2023

Muriuki, who was instrumental in the Co-op Bank’s expansion, owns a two-percent stake in the leading financial services group.

Zimbabwe’s richest man Strive Masiyiwa adds $100 million to net worth in 2024
Gayle King: From media newbie to ‘100 Most Influential’
Aga Khan IV gains $1.7 million from stake in Nairobi-based insurer
South African executive Simon Crutchley pockets $2.8-million salary in 2023
Egyptian billionaire Samih Sawiris’ firm posts $631 million in revenue in 2023
Egypt’s newest billionaire Hisham Talaat Moustafa’s TMG stake hits $1.3 billion
Hot News

Greek tycoon John Coumantaros loses $6.9 million from Flour Mills stake

Hot News

Nigerian mogul Abdul Samad Rabiu loses $1.2 billion as naira weakens against U.S. dollar

Hot News

David Steward surpasses Robert F. Smith to become America’s richest Black billionaire

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Tracy ‘T-Mac’ McGrady: NBA legend whose business ventures are people-oriented

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West & Central AfricaView All

Hot News
Nigerian tycoon Tony Elumelu to list Transcorp’s Power assets on NGX, targets $1.1 billion market cap
Hot News
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
Nigerian chess master Tunde Onakoya seeks $1-million funding for initiative
Marketers anticipate Africa’s richest man Aliko Dangote to slash diesel price to less than $0.7 per liter
Nigerian tycoon Tony Elumelu-linked power company reports strong Q1 2024, revenue tops $60 million

East AfricaView All

Hot News
5 companies owned by one of Kenya’s richest individuals, James Mwangi
East Africa
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
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

Southern AfricaView All

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Latest News

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

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