Sawiris is venturing into Iraq’s real estate development sector after nearly two decades of focusing on the communications sector.
Billionaires Africa
-
- Southern Africa
South African tycoon Stephen Brookes suffers $2.6-million loss from Balwin Properties stake
Brookes, a South African real estate mogul who founded Balwin Properties in 1996, owns a 36.08-percent stake in the company.
-
Dangote is set to expand the production capacity of Dangote Cement by constructing a new integrated cement plant in Itori, Ogun State.
-
Dos Santos has faced corruption charges for years, including allegations that she embezzled nearly $1 billion.
- East Africa
Kenyan tycoon Suresh Bhagwanji Shah’s stake in I&M Bank surges by $1.4 million in 29 days
The $1.45-million increase solidifies Shah’s position as one of the richest investors on the Nairobi Securities Exchange.
-
Aziz, made history in 2013 when Forbes recognized him as the first Tanzanian to achieve a billion-dollar fortune.
- West & Central Africa
Herbert Wigwe’s Access Holdings to acquire Standard Chartered’s Sub-Saharan Africa business
Wigwe owns a 9.09-percent stake in Access Holdings, or 3,230,789,014 ordinary shares in the lender.
-
Following his passing in 2021, Chris Kirubi’s son, Robert Kirubi, and daughter, Mary-Ann Musangi, inherited 80 percent of his vast fortune.
-
Macha, ranked as one of the richest investors on the local bourse, owns 1.9 percent of CRDB Bank, equivalent to 32,764,200 shares.
- Southern Africa
South African billionaire Koos Bekker’s net worth surges by $100 million back to $2.5 billion
With a net worth of $2.5 billion, Bekker ranks among the wealthiest billionaires on the African continent.