Financial services firm linked to Egypt’s Sawiris family suffers over $12 million in losses in H1 2022
Egyptian billionaire Yasseen Mansour gains $1.86 million in 74 days from Palm Hills stake
Led by Egyptian Khamis family, Oriental Weavers set to withdraw investments from China
Tunisian mogul Aziz Mebarek-linked AfricInvest leads investors to inject $8.2 million in fintech player, Bizao
These are the four African billionaires whose net worth has increased since start of 2022
Ethiopia’s wealthiest man Mohammed Al-Amoudi gains $230 million in July; net worth nears $6 billion
Somali tycoon Ismail Ahmed’s Zepz denies delays in $6-billion IPO
Somali businessman Ismail Ahmed’s WorldRemit expects school reopening to boost diaspora remittances to Kenya
Ethiopia’s richest man Mohammed Al-Amoudi loses nearly $1 billion this year
Meet the 7 richest Black women in the United States in 2022
Aga Khan IV-backed Jubilee to receive $2.27 million from sale of Mauritian insurance subsidiary
Kenyan banking exec Andrew Ndegwa gains $1.5 million in 43 days from investment in NCBA Group
Malagasy tycoon Hassanein Hiridjee says Africa needs to invest in clean energy transition
Ugandan tycoon Charles Mbire to pocket $1.15-million interim dividend from MTN Uganda
Led by Kenyan founder Owen Sakawa, AI-powered startup Elloe acquires Flo by Saada
Nigerian billionaire Femi Otedola gains $12.7 million from stake in FBNH
Nigerian billionaire Abdul Samad Rabiu unveils $23.8-million security support fund
Mike Adenuga beats out Abdul Samad Rabiu to reemerge as Nigeria’s second-richest billionaire
Billionaire Gbenga Agboola’s Flutterwave faces allegations of financial impropriety amid IPO plans
Ardova dismisses winding-up order, as Femi Otedola’s Zenon serves majority shareholder petition over $6-million debt
Led by South African mogul Neal Froneman, Sibanye-Stillwater slashes output target for U.S. mines
Led by South African Mouton family, PSG embarks on strategic restructuring
South African billionaire Johann Rupert-linked SEACOM partners with BT Group
South African tech tycoon Zak Calisto gains $166 million in four weeks
South African billionaire Patrice Motsepe’s net worth slumps by $400 million as rand tumbles
Ethiopian tycoon Negusse Hailu recounts his experiences with EABSC
Meet Osinachi Ukomadu, an African tech entrepreneur revolutionizing logistics
Meet the South African woman who has created the world’s first ocean water distilled gin
African Judo Union President: ‘Businesses must support sport. It has the power to change the world.’
Meet Hamis Kiggundu, the 37-year-old entrepreneur who built a property empire in Uganda
A bank run has started at First Bank of Nigeria after a recent scandal concerning its board of directors and the Central Bank.
