Tag: Africa’s richest man

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

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

The project will strengthen the country's downstream industry.

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

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

Dangote's 86-percent stake in his cement company is worth $8.64 billion.


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

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

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

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

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