Dangote Cement’s performance and proactive approach to boosting shareholder value have continued to solidify its position as the leader in the cement …
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- Southern Africa
Richemont, led by Africa’s richest man Johann Rupert, acquires controlling stake in Italian shoemaker
Finalized in a private transaction, the deal marks a significant step for Richemont.
- Hot News
U.S. billionaire MacKenzie Scott has given $1.1 billion to African charities. Here are 20 of them.
Over the past four years, America’s third richest woman MacKenzie Scott has given over $1.1 billion to various charities across Africa.
- West & Central Africa
Nigerian gambling magnate Kessington Adebutu suffers $6-million loss in 25 days from Wema Bank stake
Adebutu, the founder and CEO of Nigeria’s oldest and leading gaming company, Premier Lotto, holds a 28.09-percent stake in Wema Bank.
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West’s stake in Skims is now worth $200 million, a $40-million increase from its value of $160 million at the start of …
- Exclusive
Meet Shonda Rhimes: Powerhouse producer of ‘Bridgerton,’ who ranks as one of America’s richest Black women
As a visionary producer, creative genius, and business trailblazer, Rhimes’ influence will continue to shape the future of television and storytelling.
- West & Central Africa
Nigeria’s second-richest man Abdul Samad Rabiu splashes $4.8 million to acquire new shares in BUA Cement
Based on the current share price, the total market value of Rabiu’s 96.13-percent stake in BUA Cement now stands at N3.22 billion …
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Billionaires.Africa has closely monitored prominent companies founded or partly owned by Winfrey, identifying her influence over these ventures.
- West & Central Africa
Meet Gabonese oil tycoon Samuel Dossou-Aworet, who owns $170-million share in Nigeria’s top energy group
Dossou-Aworet’s meteoric rise from humble beginnings to the pinnacle of Africa’s energy elite is a tale of determination and razor-sharp business acumen.
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Naivas International was established in 1990 by the late Kenyan tycoon Peter Mukuha Kago.