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
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.
Moroccan Prime Minister Aziz Akhannouch loses $45 million from stake in Afriquia Gaz
Akhannouch remains one of the richest investors on the Casablanca bourse and one of Morocco’s richest businessmen.
Moroccan businessman Karim Benjelloun gains $1.7 million in six weeks
Disway distributes technological products and offers a wide range of international brands from IT publishers and manufacturers.
Billionaire Royal Family of Morocco loses $270 million from stake in Attijariwafa Bank
The Alaouite Royal Family owns a 45.3-percent stake in Attijariwafa Bank.
Israeli Marom Energy buys stake in Moroccan exec Moundir Zniber-led Gaia Energy
Zniber launched Gaia Energy in 2008 to encourage the development of renewable energies in Morocco.
Afriquia Gaz, controlled by Moroccan billionaire PM Aziz Akhannouch, reports $567 million in revenue
As of the time of writing, Akhannouch’s net worth is valued at $2 billion, making him one of the richest men in Africa.
Moroccan billionaire Othman Benjelloun’s Bank of Africa posts $268.1 million in net profit in 9M 2021
Bank of Africa is a multinational pan-African banking conglomerate with operations in 18 African countries.
Moroccan magnate Anas Sefrioui loses $75.72 million as ADH shares slump
ADH is Morocco’s largest property developer and operator with real estate programs across the North African country.