Strive Masiyiwa, Zimbabwe's richest man, honored with Harvard's top award in African and African American studies
Billionaires.Africa
by Omokolade Ajayi
14h ago
In recent years, Masiyiwa, along with his wife, Tsitsi, has focused on public health challenges, taking a leading role in combating HIV/AIDS, Ebola, malnutrition, and COVID-19 ..read more
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Palm Hills to buy nearly $40 million stake in Taaleem from Egyptian billionaire Yasseen Mansour
Billionaires.Africa
by Timilehin Adejumobi
17h ago
This follows Mansour's acquisition of an additional stake in Taaleem, increasing his holding to 18.3 percent after purchasing shares worth EGP505.6 million ($10.46 million ..read more
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Aspen’s market slump wipes $52 million from South African tycoon Gus Attridge’s stake
Billionaires.Africa
by Feyisayo Ajayi
2d ago
Attridge, who serves as the group’s chief advisor, holds a 4.3 percent stake in the Durban-based pharmaceutical giant, amounting to 19,033,829 shares ..read more
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Somali tycoon Ismail Ahmed’s Zepz raises $267 million to expand in Africa
Billionaires.Africa
by Timilehin Adejumobi
2d ago
The venture capital firm Accel, along with Leapfrog and TCV, led the latest funding round for Zepz ..read more
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Egyptian billionaire Yasseen Mansour’s Palm Hills to increase stake in Macor Hotels
Billionaires.Africa
by Feyisayo Ajayi
3d ago
Palm Hills, which already owns 60.3 percent of Macor Hotels, will raise its ownership to 69.8 percent by acquiring a 9.5 percent stake ..read more
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Vista Equity, led by America’s second-richest Black person, aims to finalize $5.6 billion acquisition of PowerSchool
Billionaires.Africa
by Feyisayo Ajayi
3d ago
The deal reflects the growing demand for cloud-based education software and reinforces Vista’s commitment to enhancing student-driven technological innovations with a strategic focus in the education sector ..read more
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NCBA, backed by Kenya’s richest families, partners with fintech firm to boost African remittances
Billionaires.Africa
by Timilehin Adejumobi
3d ago
The collaboration aims to make money transfers faster, safer, and more affordable ..read more
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Ghanaian businessman Kevin Okyere’s Springfield secures deepsea rig for Afina well appraisal in Ghana
Billionaires.Africa
by Omokolade Ajayi
3d ago
Located in the West Cape Three Points Block 2 (WCTP-2), deep offshore Ghana, the Afina-1x well is pivotal to the company’s long-term oil production strategy ..read more
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South African tycoon Terrence Moolman sees $9.2 million increase from Caxton shares
Billionaires.Africa
by Feyisayo Ajayi
4d ago
This gain brings his total holdings to nearly $130 million, reinforcing his position as a leading figure in South Africa's media industry ..read more
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Access Holdings, led by Nigerian banker Aigboje Aig-Imoukhuede, merges pension units to strengthen market position
Billionaires.Africa
by Timilehin Adejumobi
4d ago
This strategic consolidation is aimed at enhancing the company’s operational capabilities and fostering innovation in Nigeria's expanding pension sector ..read more
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