Tag: Aiteo Group

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Shell claims Nigerian billionaire Benedict Peters’ Aiteo owes $1.7 billion in oil loans

Founded by Peters in 2013, Aiteo is one of Nigeria's largest indigenous oil exploration companies.

Nigerian Energy tycoon Benedict Peters to settle mining dispute between Zimbabwe and Amari Platinum

Bravura Zimbabwe (Pvt) Ltd. will offset a $15-million debt that Zimbabwe owes Amari Holdings Ltd. 


Egyptian tycoon Medhat Khalil hit by $8.5-million loss in Raya Holding stake

Raya Holding, formed in 1999 through a merger between entities owned by Khalil and Orascom Group, is a key player in the Egyptian investment landscape.

Court sets date for ruling on Nigerian multimillionaire ABC Orjiakor’s $101-million debt lawsuit

ABC Orjiakor, who owns a 6.4-percent stake in Seplat Energy, one of Nigeria's largest energy companies, ranks as one of Nigeria's wealthiest business figures.

7 companies owned by billionaire African energy mogul Benedict Peters

Billionaires.Africa has identified and tracked seven notable assets owned by billionaire Benedict Peters.

South African tycoon Johan Burger suffers $2-million loss from FirstRand stake

Burger, a seasoned director at FirstRand since 2009, owns a minority 0.110-percent ownership stake in FirstRand.