15 inspirational quotes from Nigerian billionaire Femi Otedola
Otedola is not just one of Africa’s wealthiest individuals; he is a symbol of hope and inspiration.
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Mauritian tycoon Hector Espitalier-Noel gains $1.9 million from stake in ENL
Espitalier-Noel owns a 9.92-percent stake in ENL Limited.
America’s second-richest Black man David Steward gains $2.74 billion in two months
Steward is now ranked as the 259th richest person in the world, according to the Bloomberg Billionaires Index.
Coco Gauff takes home over $5 million in earnings from 2023 U.S. Open
With her recent earnings, Gauff not only stands as the face of women’s tennis but also solidifies her status as one of the world’s highest-earning athletes.
Egyptian tycoon Hisham Talaat Moustafa unveils $10.7-billion smart city project in Riyadh
Hisham Talaat Moustafa stressed TMG’s eagerness to share its expertise in creating integrated urban projects with Saudi Arabia.
Zimbabwean tycoon John Moxon gains nearly $13 million in 32 days
Moxon ranks as one of the richest investors on the Zimbabwe Stock Exchange.
Bank led by Nigeria’s richest banker, Jim Ovia, posts $370-million half-year profit
Zenith Bank’s financial performance has prompted its board of directors to propose an interim dividend of N0.50 ($0.00063) per share.
Africa’s doyen of accounting, Akintola Williams, dies at 104
Williams also played a pivotal role in establishing the Nigerian Exchange and served as the first president of ICAN.
Irma Stern’s ‘Praying Arab’ painting from Zanzibar set for auction in Cape Town
‘Praying Arab’ stands as a remarkable representation of Stern’s distinctive style during her golden period, roughly spanning from 1933 to 1948.
South African executive Fani Titi earns $9.4-million salary at Investec in 2023
Titi’s compensation package encompasses a base salary of $1.3 million and a performance-based short-term incentive of $1.97 million.
Egyptian billionaire Hassan Allam’s firm unveils expansion into UAE
Under Hassan Allam and his brother, Amr Allam, Hassan Allam Holding boasts a construction backlog that surpasses $3 billion.
5 companies owned by Nigerian energy magnate Austin Avuru
Billionaires.Africa has cataloged companies owned by and linked to Avuru. Here are five companies under his direct or indirect ownership.
Nigeria’s second-richest man Abdul Samad Rabiu’s gains $1.2 billion in 45 days
Rabiu’s fortune has taken a remarkable turn, with his net worth bouncing back by more than $1 billion.
Shoprite, linked to South African billionaire Christo Wiese, sees profits soar to $308 million
Wiese, an influential figure in the retail sector, holds an 11.58-percent stake in Shoprite, valued at over $900 million.
Firm linked to Kenyan tycoon Chris Kirubi’s heirs to secure $20-million loan from IFC
Centum Real Estate (Centum RE) is a property developer linked to Robert Kirubi and Mary-Ann Musangi, heirs to the late tycoon Chris Kirubi’s business empire.
South African tycoon Neal Froneman earns $10-million salary from Sibanye-Stillwater
Froneman, a highly respected executive within the mining industry, has played a pivotal role in the transformation of Sibanye-Stillwater.