Moroccan real estate tycoon Alami Lazraq gains $5.7 million from ADI stake
Lazraq, a Moroccan real estate mogul who founded Alliances Group in 1994, owns 51.7 percent of the group’s publicly traded subsidiary, ADI.
Moroccan billionaire
Morocco’s second-richest man Othman Benjelloun gains $46 million from BOA stake
With a net worth of $1.3 billion, Benjelloun is ranked as the 16th wealthiest individual in Africa and the 2,154th on a global scale.
Moroccan PM Aziz Akhannouch suffers $12-million loss from Afriquia Gaz stake
Akhannouch, appointed prime minister of Morocco in September 2021, derives the majority of his fortune from the Akwa Group.
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.
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.
Meet four African billionaires who may no longer be billionaires by 2023
Among them is Zimbabwe’s richest man Strive Masiyiwa, the world’s 2,257th wealthiest person.
Moroccan billionaire Othman Benjelloun gains $200 million in four weeks
The Moroccan billionaire derives the majority of his wealth from his investment in BMCE Group.
Fourteen of Africa’s 18 billionaires too poor to make Forbes 400 list
It now takes $6 billion to make the Forbes 400 richest list.
Controlled by Moroccan PM Aziz Akhannouch, Afriquia Gaz to acquire Total Mauritania
Akhannouch’s indirect stake in Afriquia Gaz is valued at $435.1 million.
Moroccan tycoon Othman Benjelloun on verge of losing ‘billionaire’ status
BMCE Group is Morocco’s largest financial services provider.
Moroccan PM Aziz Akhannouch has now lost $400 million since start of 2022
Akhannouch’s net worth has fallen by $400 million since the start of 2022.
Moroccan billionaire Othman Benjelloun’s BMCE Capital launches $4.5-million VC fund for startups
The fund will be raised from renowned Moroccan investors and institutional financial organizations.
Moroccan billionaire Othman Benjelloun has now lost $200 million since start of 2022
Benjelloun, one of Africa’s richest billionaires, has a net worth of $2 billion.