The entrepreneur hopes to build a series of waste-to-energy plans across the country.
Forbes African billionaires
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- Southern Africa
Johann Rupert’s stake in Remgro gains $81.7 million after news of potential Heineken acquisition
Distell, a leading South African brewer, is partly owned by his investment group.
- East Africa
Kenyan investor David Owino’s Ascent Capital raises more than $100 million in funding round; IFC joins in
by Ishioma Emiby Ishioma EmiThe Nairobi-based private equity fund manager announced the news this week.
- East Africa
Ugandan textile mogul Karim Hirji faces off with stepkids in British property war
by Ishioma Emiby Ishioma EmiHis stepchildren claim they were fraudulently left out of their mother’s will.
- Southern Africa
Access Bank’s acquisition of BancABC Mozambique step to pan-African scale: Group CEO
by Ishioma Emiby Ishioma EmiAccess Bank Group also recently acquired Grobank South Africa.
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Distell is linked to South African billionaire Johann Rupert.
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TCL has canceled plans to delist from the Nairobi Securities Exchange, where it is planning a rights issue.
- West & Central Africa
Aliko Dangote’s cement company moves to close cement supply gap in Nigeria
by Ishioma Emiby Ishioma EmiDangote Cement has restated its commitment to bridge the supply gap and help reduce prices.
- North Africa
Aliko Dangote, Mo Ibrahim join France in deliberating on Sudan’s $5-billion debt cancellation
President of France Emmanuel Macron announced the cancelation as a nod to Sudan’s progress with reforms.
- North Africa
Morocco’s King Mohammed VI extends philanthropic activities in Ghana
by Ishioma Emiby Ishioma EmiHis foundation has donated provisions to a polyclinic in Nima in Greater Accra.