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Dangote ‘no longer Africa’s richest man’ as devaluation forces Forbes to reshuffle Africa’s wealthiest list

Hot News Omokolade Ajayi -
Although Forbes estimates Dangote's fortune at $10.8 billion, Bloomberg estimates present a slightly different picture.

Nigeria’s president to commission $19-billion refinery owned by Aliko Dangote

Hot News Mfonobong Nsehe -
The project will strengthen the country's downstream industry.

Africa’s richest man Aliko Dangote’s firm receives approval to buy back shares worth $917 million

Hot News Omokolade Ajayi -
Dangote Cement is Africa’s largest cement producer.

Africa’s richest man Aliko Dangote plans 300,000 jobs for Nigerians

Hot News Eduardo C. Serrano -
Dangote Group is poised to cement its position as the second-largest employer of labor in Nigeria.

Aliko Dangote’s net worth surpass $19 billion, first time since September

Hot News Omokolade Ajayi -
Dangote's 86-percent stake in his cement company is worth $8.64 billion.
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South African tycoon Tshepo Mahloele hits jackpot, gains $39 million from Capitec

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Mahloele holds a 7.26-percent indirect stake, translating to 8,409,802 ordinary shares in Capitec Bank through Lebashe Holdings.

Nigerian billionaire Mike Adenuga’s oil firm to distribute $2.2-million dividend to shareholders

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Under the astute leadership of Adenuga, Conoil has solidified its position as a dominant force in Nigeria's petroleum marketing industry.

Moroccan pharma tycoon Lamia Tazi suffers $3-million loss from Sothema stake

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Tazi, the CEO and chairperson of Sothema holds a substantial 8.4-percent stake in the leading healthcare company.

Gilbert Chagoury: Controversial billionaire awarded contract to construct Lagos-Calabar Coastal Highway

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Back in 1971, Gilbert Chagoury and his younger brother, Ronald Chagoury, set the stage for their remarkable journey by founding the Chagoury Group.

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South African-born billionaire Patrick Soon-Shiong loses $250 million

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Despite the recent financial setback, Soon-Shiong's influence in the medical field and his entrepreneurial spirit remain undiminished.

South African tycoon Tshepo Mahloele hits jackpot, gains $39 million from Capitec

Hot News 0
Mahloele holds a 7.26-percent indirect stake, translating to 8,409,802 ordinary shares in Capitec Bank through Lebashe Holdings.

Nigerian billionaire Mike Adenuga’s oil firm to distribute $2.2-million dividend to shareholders

Hot News 0
Under the astute leadership of Adenuga, Conoil has solidified its position as a dominant force in Nigeria's petroleum marketing industry.

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