South African billionaire Jannie Mouton's PSG grows client assets to $35.7 billion
PSG Financial Services, part of the empire built by billionaire Jannie Mouton, grew assets under management 15% to R594.1 billion as earnings rose 5%.
African Billionaires
South African billionaire Johann Rupert to collect $22.8 million in Remgro dividends
Rupert Beleggings, which holds Johann Rupert's controlling B shares in Remgro, is due R379.6 million when the investment group pays final and special dividends.
South African billionaire Patrice Motsepe sees $195 million lawsuit struck out in Tanzania
Tanzania's High Court has struck out Pula Group's $195 million damages claim against Patrice Motsepe and his companies, two months after a first strike-out.
Moroccan billionaire Aziz Akhannouch's party left out of Morocco's new government
Morocco's incoming prime minister has formed a four-party coalition without billionaire Aziz Akhannouch's RNI, which led the government for the past five years.
Egyptian billionaire Naguib Sawiris apologizes to Saudis over Riyadh airport attack
Egyptian telecom billionaire Naguib Sawiris apologized for his slow response to the deadly Riyadh airport attack and urged Arab states to confront Iran.
South African billionaire Patrice Motsepe faces pressure to quit as Africa's football boss
Patrice Motsepe's leadership of African football is under strain after his reversal on the Africa Cup of Nations schedule, the Guardian reported.
South African billionaire Patrice Motsepe's mining company sued by its partner
Assore has sued African Rainbow Minerals over who runs Assmang, the iron ore and manganese miner they own equally. ARM rejects the claims.
The 5 African billionaires with major stakes in Africa's 10 biggest banks
Five African billionaires, including Morocco's King Mohammed VI and Femi Otedola, hold stakes worth about $14 billion in four of Africa's biggest banks.
Nigerian billionaire Aliko Dangote extends his $1.6 billion refinery IPO
Aliko Dangote has extended his $1.6 billion refinery IPO by two weeks to let more Africans buy shares, saying demand already far exceeds the offer.
Billionaire Aziz Akhannouch to leave office as Morocco names first woman prime minister
Morocco's king named Fatima Ezzahra El Mansouri prime minister, ending the five-year premiership of billionaire fuel tycoon Aziz Akhannouch after his party lost.
Billionaire Aliko Dangote says refinery could pursue U.S. secondary listing
Billionaire Aliko Dangote says his refinery could pursue a U.S. secondary listing in about three to four years after establishing a public trading record in Nigeria.
Billionaire Patrice Motsepe’s phosphate mine hits trouble after $160 million investment
Billionaire Patrice Motsepe’s phosphate mine is under pressure as Kropz restructures its Elandsfontein operation after $160 million of investment.
Benin-born oil veteran Samuel Dossou-Aworet holds $1.4 billion of Nigerian oil shares
Samuel Dossou-Aworet's stakes in Seplat and Aradel are worth $1.43 billion, built by a Benin-born engineer who once ran Gabon's oil sector.
Why Africans with $1 billion in shares are missing from the Bloomberg and Forbes rich lists
Forbes and Bloomberg subtract debt, discount illiquid stakes and refuse to count assets they cannot verify. A billion-dollar holding is not enough.
The Top 10 Richest People In Africa | September 2026
Forbes' daily ranking on Sept. 1 puts Aliko Dangote at $31.4 billion and Nathan Kirsh second at $19.2 billion, ahead of Johann Rupert.
Morocco has a new billionaire, construction tycoon M'hammed Kabbaj, worth $1.7 billion
Morocco has a new billionaire in SGTM chairman M'hammed Kabbaj, whose 22.2 million shares in the construction group are worth $1.72 billion.