His $1.4-billion stake in Calendly makes him the world’s eighteenth Black billionaire.
African billionaire
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South Africa-based businessman Loucas Pouroulis’ Tharisa Plc takes control of Zimbabwe’s Karo platinum project
The Pouroulis-led mining group increased its stake in Karo from 26.8 percent to 66.3 percent in an all-share deal worth $27 million.
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Despite a 51-percent increase in earnings, the board proposed a dividend of $0.00168 per share for shareholders.
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Rabiu, the chairman of BUA Group, owns 99.81 percent of the agro-allied company.
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Africa’s wealthiest made their fortunes by investing in industries like manufacturing, retail, telecoms, mining and oil.
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Building a multigenerational family business empire: A study of METL and Bakhresa of Tanzania
The Dewji family of Tanzania is building an empire that plans to last for generations to come.
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Christo Wiese-linked retailer Steinhoff receives approval for $1.6-billion global settlement for investors
The retail behemoth was founded in 1964 by German billionaire Bruno Ewald Steinhoff.
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Obafoluke Otudeko gains $11.84 million as Honeywell shares surge by 81 percent to three-year high
Otudeko owns a majority stake in Honeywell Flour Mills Plc.
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The gains came off the back of a double-digit rise in the bank’s share price on the Mauritian bourse.
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Nigerian oil tycoon Emeka Offor donates medicine worth $24.36 million to local health facilities
by Ishioma Emiby Ishioma EmiHealth facilities across Nigeria will benefit from the donation from the Sir Emeka Offor Foundation.