The Ndegwa family owns 12.52 percent of NCBA Group, which is worth more than $45 million.
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Egyptian mogul Ahmed Ezz’s steel company records more than $65 million in profit in Q1 2022
Ezz owns a majority 60.7-percent stake in Ezz Steel.
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Nigerian billionaire Abdul Samad Rabiu gains half a billion dollars off back of stake in BUA Cement
The total value of Rabiu’s shares in publicly traded companies is now more than $8.6 billion.
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Mahmoud owns a significant 10.13-percent stake in the company, worth nearly $13 million.
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Oppenheimer is one of a handful of African billionaires whose fortunes have grown significantly in 2022.
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Galea owns 15.43 percent of the insurer, worth $25.5 million.
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HabariPay will help expand the group’s services to largely underserved markets.
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Led by Ralph Mupita, MTN Group completes sale of 5,701 towers to Sam Darwish’s IHS for $415 million
IHS will now own 70 percent of its South African towers business.
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Darwish founded IHS Holdings, a Nigerian telecom infrastructure firm, in 2001.
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Bekker is still one of Africa’s wealthiest men, with a net worth of more than $2.2 billion.