Tag: Moroccan billionaire

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Moroccan billionaire Aziz Akhannouch suffers $400-million net worth drop in first quarter of 2023

The decline in Akhannouch's net worth can be linked to his shares in Afriquia Gaz SA.

The 5 richest people in Morocco in 2023

Morocco is home to three billionaires.

Top 10 richest North African billionaires

North African billionaires' net worth surges as global markets rebound in 2023.

Morocco’s second-richest man Othman Benjelloun gains $100 million

Benjelloun derives most of his wealth from his investment in BMCE Group.

Bank led by Morocco’s second-richest man to acquire shares in BTI Islamic Banking Group

Bank of Africa is a pan-African multinational banking conglomerate.


South African tycoon Tshepo Mahloele hits jackpot, gains $39 million from Capitec

Mahloele holds a 7.26-percent indirect stake, translating to 8,409,802 ordinary shares in Capitec Bank through Lebashe Holdings.

Nigerian billionaire Mike Adenuga’s oil firm to distribute $2.2-million dividend to shareholders

Under the astute leadership of Adenuga, Conoil has solidified its position as a dominant force in Nigeria's petroleum marketing industry.

Moroccan pharma tycoon Lamia Tazi suffers $3-million loss from Sothema stake

Tazi, the CEO and chairperson of Sothema holds a substantial 8.4-percent stake in the leading healthcare company.

Gilbert Chagoury: Controversial billionaire awarded contract to construct Lagos-Calabar Coastal Highway

Back in 1971, Gilbert Chagoury and his younger brother, Ronald Chagoury, set the stage for their remarkable journey by founding the Chagoury Group.