The billionaire has lost more than $286 million in a single day.
COVID-19
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- Hot News
Halted J&J vaccine shipment from South Africa to Europe will be returned: Zimbabwean tycoon Strive Masiyiwa
by Ishioma Emiby Ishioma EmiThe batch of COVID-19 vaccines was produced by Aspen Pharmaceuticals and shipped from South Africa.
- Hot News
Strive Masiyiwa leads team to unlock $3 billion in financing for COVID-19 vaccines
by Ishioma Emiby Ishioma EmiThe financing will be derived from a partnership between the World Bank and African Export-Import Bank.
- Southern Africa
South Africa can become ‘Singapore of Africa’ for healthcare and pharmaceuticals: Patrick Soon-Shiong
He stressed that the continent can do so by expediting the development of next-gen pharmaceuticals.
- Southern Africa
Billionaire Patrick Soon-Shiong pledges $213 million for COVID-19 vaccine production
The funds will aid the technological transfer needed to jumpstart production in South Africa.
- East Africa
Steel tycoon Narendra Raval pledges free oxygen cylinders for COVID-19 patients in Kenya
Kenya’s health secretary has identified the hoarding of empty oxygen cylinders as an obstacle in the fight against COVID-19.
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Co-operative Bank and the German impact investment fund eco.business will offer affordable loans to Kenyan agribusinesses.
- Southern Africa
Adrian Gore’s Discovery Limited ready for next phase of COVID-19 vaccination in South Africa
by Ishioma Emiby Ishioma EmiMore than 13 million people need to be vaccinated during the second phase of the vaccination roll-out in South Africa.
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Billionaire Strive Masiyiwa’s efforts to help combat COVID-19 in Zimbabwe’s schools fell short due to poor media coverage.
- Southern Africa
South African billionaire Patrick Soon-Shiong partners Biovac to produce COVID-19 vaccines
Patrick Soon-Shiong looks to deploy COVID-19 vaccines in South Africa.