Battle for Africa’s richest: Johann Rupert’s wealth drops by $900 million, Dangote set to overtake
According to Bloomberg, Johann Rupert edges Aliko Dangote by $100 million, with a net worth of $13.4 billion vs. Dangote's $13.3 billion.
West & Central Africa
Ladi Jadesimi's Aradel becomes Nigeria’s latest billion-dollar energy group with $1.2-billion market cap
Aradel Holdings has surged past the $1 billion valuation mark, with its market capitalization exceeding $1.2 billion
Nigeria's Adebayo Ogunlesi joins Forbes billionaires list with $1.7-billion fortune
Adebayo Ogunlesi joins Africa’s billionaire ranks, propelled by a $12.5-billion BlackRock deal.
Nigerian tycoon Dozy Mmobuosi faces $250-million fine and U.S. corporate ban
A U.S. federal court has ordered Mmobuosi to pay over $250 million in fines and barred him from serving as a director of any public company.
Nigeria’s richest man Aliko Dangote set to roll out petrol from landmark refinery
The $20 billion refinery recently completed a critical test run of its 650,000 barrels-per-day capacity, a significant step towards the official market rollout.
Gabonese tycoon Samuel Dossou-Aworet’s $86-million stake in London-based Tullow highlights global energy interests
Dossou-Aworet leads Petrolin Group, a powerhouse in Africa's oil and gas sector, where he has brokered landmark deals and investments since 1992.
Thomas Etuh, TY Danjuma acquire Notore Chemical in $150-million deal
The acquisition was executed through their respective companies, Tak Agro and TY Holdings.
Nigeria’s richest banker Jim Ovia’s Zenith Bank posts $363-million profit in H1 2024
Zenith Bank's half-year profit surges 98%, bolstered by robust interest income and trading income growth
Nigerian businessman Ladi Jadesimi’s Aradel to acquire NNPC, TotalEnergies oil fields
The acquisition marks a significant expansion for the integrated energy group.
