African Wealth Briefing — Tues., June 23, 2026
The Forbes reshuffle lifts Nicky Oppenheimer to Africa's fourth-richest. Hassan Allam wins a $727 million Waldorf Astoria contract in Saudi Arabia.
Newsletter
African Wealth Briefing — Mon., June 22, 2026
Africa's richest man tells Forbes it has him wrong — his refinery alone, he says, is worth $40 billion. Rupert's Richemont posts a record year, with one big caveat named China.
African Wealth Briefing — Sat., June 20, 2026
Femi Otedola tightens his grip on FirstHoldCo to 20.42%. The first cracks appear in the Musk trillionaire story as SpaceX slides.
African Wealth Briefing — Fri., June 19, 2026
Femi Otedola's First HoldCo completes a $32.8 million raise as he tightens his grip. Manu Chandaria plans a center to honor the late Raila Odinga.
African Wealth Briefing — Thurs., June 18, 2026
Morocco's billionaire prime minister fights bills to cap fuel prices in the industry he dominates. Hassan Allam commits $400 million to an Egyptian data center.
African Wealth Briefing — Wed., June 17, 2026
Johann Rupert crosses $20 billion on the Bloomberg index, the second African to do so. Hassanein Hiridjee's AXIAN Energy raises $60 million to green Africa's power.
African Wealth Briefing — Tues., June 16, 2026
Hassanein Hiridjee's Axian Telecom lands a €170 million EBRD loan to wire two more African markets. James Mwangi quietly adds $8 million on his Equity stake.
African Wealth Briefing — Mon., June 15, 2026
Rob Hersov tells the mines minister to fix the sector or forfeit the country's future. Robert Gumede nears a deal to resolve the Tongaat Hulett crisis.
African Wealth Briefing — Sun., June 14, 2026
A Sunday week-in-review: the deals, reversals and milestones that moved African fortunes this week — from Dangote's march toward $40 billion to a wave of energy consolidation.
African Wealth Briefing — Sat., June 13, 2026
The world mints its first trillionaire. On the continent, Aliko Dangote's 2026 giving tops $47 million and Sandile Zungu's nickel mine roars back to life.
African Wealth Briefing — Fri., June 12, 2026
Johann Rupert’s Remgro wins control of 50 hospitals in a $950 million deal. Kwabena Adjei’s Kasapreko doubles its IPO target ahead of Monday’s listing.
African Wealth Briefing — Thurs., June 11, 2026
Egypt’s MNT-Halan hits a $1.4 billion valuation. Magda Wierzycka launches an AI fund she half-wishes she didn’t have to.
African Wealth Briefing — Wed., June 10, 2026
Jim Ovia trades the bank chairmanship for Lagos luxury towers. Tony Elumelu plants a Nigerian flag in Ethiopia.
African Wealth Briefing — Tues., June 9, 2026
Patrice Motsepe loses $700 million in three months as gold turns. Three Angolan tycoons block Chevron to claim a $260 million prize.
African Wealth Briefing — Mon., June 8, 2026
Dangote nears $40 billion after a $6.8 billion year. Johann Rupert wins a $139 million Stellenbosch land fight.
African Wealth Briefing — Sat., June 6, 2026
A new Standard Bank study on how Africa's wealthy think about money — and a look back at a busy week of deals, courtrooms, and succession questions.