There is no information available whatsoever about the ownership of STAC or its existence prior to the deal with BW Offshore..
African Billionaires
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Tinubu, a towering figure in the Nigerian energy industry, who owns 66.67 percent of Ocean and Oil Development Partners (OODP), has an …
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Over the course of his undefeated career, Floyd “Money” Mayweather has pulled in approximately $2.7 billion from global pay-per-view sales.
- Southern Africa
South African businessman Mfundo Nkuhlu earns $1.6-million salary from Nedbank in 2022
Nkuhlu has been the COO and executive director of Nedbank Group since January 2015, when he was appointed by the group’s board …
- West & Central Africa
Nigeria’s second-richest man Abdul Samad Rabiu rejoins world’s 500 richest billionaires
This surge in wealth has firmly positioned Rabiu as the 500th richest individual globally, just behind the 499th-ranked Charles Dolan.
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This remarkable increase in the market value of his share further solidifies Aga Khan IV’s position as the richest investor on the …
- East Africa
Bank led by Kenyan tycoon James Mwangi partners with MasterCard to expand cross-border payments
Under the visionary leadership of Mwangi, Equity Group has emerged as a dominant force in East and Central Africa.
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Under Smith, Vista Equity has realized remarkable gains, totaling a substantial $14.3 billion through monetization activities since 2021.
- West & Central Africa
Burna Boy to earn up to $1 million as headliner for Uganda’s new stadium opening
Burna Boy, known for his electrifying performances, has become a sought-after international act, commanding fees ranging from $700,000 to $1 million.
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Rabiu said that his company, BUA Cement, is building two new plants that will increase output capacity to 17 million metric tonnes.