Andre du Plessis’s stake in Capitec Bank has surged by R127.25 million ($6.93 million) in the past 15 days.
African Billionaires
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Transcorp’s H1 2024 revenue surged 114%, reaching $110 million, driven by strong performance across key operating units.
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Africa’s richest man Aliko Dangote’s Dangote Cement posts $1.1 billion revenue in H1 2024
The company, 86-percent owned by Aliko Dangote, has transformed Nigeria from a cement importer to a regional exporter
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South African exec. Shameel Joosub-led Vodacom to spend $27 million on Cape Town connectivity expansion
The company plans to invest an additional R500 million ($27 million) in 2024-2025, bringing the total investment to over R1 billion ($54.4 …
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Khamis family’s Oriental Weavers stake nears $200 million again despite Egyptian pound devaluation.
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Lowe’s Foundation grants will support 35 community colleges and nonprofits to train 50,000 people for skilled trades careers.
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Adenia Partners, led by Antoine Delaporte, acquires Air Liquide’s operations in 12 African countries
Adenia Partners acquires Air Liquide’s operations in 12 African countries for €30 million, creating new entity Erium.
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Egyptian El-Sewedy family’s electric firm boosts Tanzania power grid with 3 hydro turbines
Elsewedy Electric installs three hydro-turbines worth $1 billion to boost Tanzania’s power grid by 705 MW.
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The recent surge in Tshepo Mahloele’s fortune builds on an earlier gain of $58.18 million recorded between June 14 and July 6
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Jannie Mouton’s stake in Capitec Bank nears $1 billion due to a recent surge in share price.