Africa’s richest man to take two companies public, says NGX Chairman Umaru Kwairanga
Kwairanga said the Dangote Oil Refinery and Dangote Fertilizer Company are slated for listing on the exchange imminently.
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Field goals to financial goals: Five ways Tony Gonzalez builds wealth post-NFL
Delve into how the NFL legend transitions into a successful entrepreneur with multiple income streams, including fitness apps, real estate, and more.
One of America’s richest Black CEOs, Craig Arnold is now $15.7-million richer
Eaton’s Chairman and CEO, Arnold, who assumed office on June 1, 2016, holds a 0.13 percent stake in the company, equivalent to 517,061 shares.
Companies owned by London-based South African billionaire Manfred Gorvy
Billionaires.Africa highlights companies linked to Gorvy, showcasing his diverse and impactful business portfolio.
South African executive Steven Brown pockets $1.3 million from Fortress in 2023
In recognition of Brown’s unwavering dedication and expertise, he also received a long-term incentive award of R1.01 million ($0.053 million).
Kenyan tycoon John Kimani among directors accused of $2 million in irregular payments
The Capital Markets Authority (CMA) has summoned top executives, including Kimani and Kakuzi Managing Director Christopher Flower.
Ghanaian tycoon Joseph Siaw Agyepong’s group lands $100 million in agricultural deals
Agyepong highlighted that the venture into agriculture was initially propelled by a dedication to making a positive impact rather than purely financial motives.
South African executive Kerry Cassel earns $1.6-million salary in 2023
Cassel joined Motus in 2002 after serving as an audit manager at Deloitte & Touche.
South African tycoon Christopher Seabrooke’s Sabvest stake slumps by $7.2 million
Seabrooke, a leading business executive who has played a vital role in Sabvest Capital’s growth, holds a significant 40.61-percent stake in the company.
Egyptian businessman Medhat Khalil loses $28.6 million from Raya Holding stake
Khalil owns a majority stake of 58.1 percent in Raya Holding, holding a total of 1,245,661,205 shares in the group.
Nigerian tycoon Taiwo Afolabi’s Sifax Group partners Singaporean firm on aviation development
Afolabi emphasized the consortium’s commitment to leveraging its track record of success in revitalizing enterprises for growth and profitability.
South African executive Jan Hofmeyr pockets $1 million from OUTsurance in 2023
Serving as the group’s CFO since 2008, Hofmeyr experienced a notable 62.19-percent increase in remuneration compared to the previous year’s R11.09 million ($0.59 million).
Namibian businessman Quinton van Rooyen rakes in $10.6 million within 2 weeks
Van Rooyen, holding an impressive 63.94-percent stake in Trustco with 1,004,000,060 shares, stands out as one of Namibia’s wealthiest individuals.
Nigerian tycoon Fidelis Ayebae’s Fidson achieves revenue exceeding $37 million in 2023
The surge in revenue is linked to the heightened sales of ethical products, including infusions, capsules, and tablets.
Swazi billionaire Natie Kirsh adds $160 million to his fortune in just 19 days
The primary driver behind this surge is attributed to the impressive performance of his 75-percent stake in Jetro Holdings.
South African executive Seelan Gobalsamy pockets $4.9-million salary in 2023
In 2023, Gobalsamy’s compensation experienced a significant increase of 179.4 percent compared to the previous year, when it stood at $1.8 million.