Beyonce launches Cecred, her first-ever hair care line
Early in May 2023, Beyonce began dropping hints about Cecred during the Renaissance Tour, and now the line has been officially introduced to the market.
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Egyptian billionaire Ahmed Ezz rakes in $45 million in 2 weeks
His stake, which translates to a total of 329,816,198 shares in the steel giant, has solidified his position among the richest investors on the Egyptian Exchange.
Kevin Hart’s Hartbeat names former Warner Bros exec Jay Levine as CEO
Levine’s appointment follows the departure of former CEO Thai Randolph in November, concluding her nearly decade-long tenure.
Africa’s first female billionaire Isabel dos Santos challenges corruption charges
Dos Santos has launched a counteroffensive with a detailed cover story featured in the Portuguese magazine Expresso.
Bernard Berson drives Bidcorp to record-breaking $6.04-billion half-year revenue
Berson, who has been the CEO of Bidcorp since 2016, commended the exceptional revenue figures and financial performance.
New York Judge upholds seizure of Damon Dash’s shares, despite Jay-Z’s protests
The court’s decision comes in the wake of Dash’s alleged refusal to pay a $823,000 judgment to movie producer Josh Weber, dating back to a 2018 dispute.
Backed by South Africa’s richest man, Seacom eyes deals in East and West Africa
Seacom CEO Alpheus Mangale revealed the company’s growth strategy, highlighting the crucial role of acquisitions in its expansion plans.
Laurence Rapp-led Vukile raises $18.9 million for deals in Spain and South Africa
The move is aimed at fortifying the fund’s balance sheet, providing it with increased financial flexibility for potential acquisitions in both South Africa and Spain.
Controversial South African mogul Edwin Sodi’s mansion listed for $4 million
The mansion, once the pride of Sobi, a troubled businessman, was listed by Lynn Petzer of Lynn Estates.
Egypt’s El-Sewedy family hits jackpot with $1.6-billion stake in electric firm
According to Billionaires.Africa, the market value of the El-Sewedy family’s share in Elsewedy Electric has gained EGP4.02 billion ($129.96 million) in the last two weeks.
Egypt’s second-richest man Naguib Sawiris gains $110 million in 5 days
His recent $110-million wealth gain is attributed to the recent performance of his investments, which encompass real estate, teleom, and the mining industry.
Meet Olajumoke Adenowo: Her latest project is an $880-million complex in South Africa
The complex is more than a construction project; it’s a blueprint for the future.
Companies owned by U.S.-Barbadian musician and cosmetics billionaire, Rihanna
Billionaires.Africa sheds light on Rihanna’s expansive portfolio, unveiling a glimpse into the various companies and holdings she commands.
Tiger Woods launches ‘Sun Day Red’ clothing line after Nike split
Named after Woods’ signature choice of attire for the final rounds of tournaments, the “Sun Day Red” brand is a reflection of his legacy in the world of golf.
Davido donates $200,000 to orphanages throughout Africa’s largest economy
This builds upon previous philanthropic endeavors, including a N250 million ($166 million) donation to 292 orphanages in November 2021 to commemorate his 29th birthday.
Kenyan tycoon Adil Popat’s Simba Corp forges new partnership to propel agricultural growth
Simba Corp and Mahindra unveil cutting-edge tractor models across six branches.