The recent downturn came shortly after the German sportswear giant announced the launch of the second sale of West’s Yeezy sneakers.
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Lee-Chin is the founder of Portland Private Equity, the private equity fund company in charge of Portland JSX Limited.
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The late Nicholas Biwott was part of a generation of public servants who ventured into various businesses, impacting Kenya’s economy.
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The decline in Motsepe’s net worth can be attributed to the downturn in the market value of his 39.7-percent stake in African …
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In May, Adidas announced its decision to sell off the inventory of Yeezy sneakers created in partnership with West.
- East Africa
Ugandan tycoon Charles Mbire’s MTN Uganda posts more than $60-million profit in H1 2023
Holding a 3.99-percent stake in the telecom services provider, Mbire’s stake in MTN Uganda is $42 million.
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Billionaires.Africa has identified and ranked the five richest bankers who have redefined the Nigerian financial landscape.
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As an entrepreneur, venture capitalist, and lecturer, Akindele has held significant positions in various companies across the world.
- West & Central Africa
Africa’s powerhouse executive Tony Elumelu suffers $3.1-million loss in UBA stake
Despite this substantial loss, Elumelu maintains his position as one of the wealthiest investors on the local bourse and continues to be …
- West & Central Africa
Billionaire Abdul Samad Rabiu’s food empire shines bright with $120 million profit in H1 2023
BUA Foods, which is majority owned by Rabiu, is the unified food business segment of BUA Group.