Billionaires.Africa
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Your source of news on African Billionaires and UHNWIs.
Billionaires.Africa
1d ago
Jens Montanana’s significant shareholding continues to position him as one of the wealthiest investors on the Johannesburg Stock Exchange.
The post South African tycoon Jens Montanana loses $2.4 million from Datatec stake appeared first on Billionaires.Africa ..read more
Billionaires.Africa
1d ago
With Jim Ovia in charge, the fund aims to remove financial barriers hindering students' educational ambitions
The post Nigerian President appoints country’s richest banker to head student loan fund appeared first on Billionaires.Africa ..read more
Billionaires.Africa
1d ago
The 303-kilometer Abu Dhabi-Sohar railway link will feature state-of-the-art, desert-proof ETCS Level 2 signaling, telecoms, and power supply systems
The post Egyptian tycoon Hassan Allam’s group wins signaling contract for UAE-Oman railway link appeared first on Billionaires.Africa ..read more
Billionaires.Africa
2d ago
Revenue for the first three months of 2024 climbed to N79.16 billion ($62.6 million), up from N30.78 billion ($23.83 million) in the prior-year period
The post Dangote’s half-brother Sayyu Dantata’s MRS tops $60 million revenue in Q1 2024 appeared first on Billionaires.Africa ..read more
Billionaires.Africa
2d ago
The follows a notable surge of Ksh481.15 million ($3.63 million) recorded between March 19 and March 29
The post Aga Khan IV takes $3.5 million hit from stake in Nairobi-based insurer Jubilee appeared first on Billionaires.Africa ..read more
Billionaires.Africa
2d ago
This follows a $320 million gain in Mohammed Al-Amoudi's net worth between March 28 and April 12.
The post Ethiopia’s richest man Mohammed Al-Amoudi loses $260 million in two weeks appeared first on Billionaires.Africa ..read more
Billionaires.Africa
2d ago
In the first quarter of 2024, Dangote Cement's Nigerian operations shipped a total of 178,000 tonnes of clinker to Cameroon and Ghana.
The post Africa’s richest man boosts regional growth with 7 clinker vessels to Ghana, Cameroon appeared first on Billionaires.Africa ..read more
Billionaires.Africa
2d ago
Despite the recent decline in his stake, Seabrooke remains a prominent South African business leader and a top investor on the JSE.
The post South African businessman loses $5 million in Sabvest Capital investments appeared first on Billionaires.Africa ..read more
Billionaires.Africa
3d ago
Kenneth Frazier's holdings in Merck took a hit earlier this month, but a recent surge in the company's share price has recouped those losses.
The post Kenneth Frazier’s Merck holdings rebound, surpassing $90 million amid stock rally appeared first on Billionaires.Africa ..read more
Billionaires.Africa
3d ago
This dividend payout underscores Capitec Bank's commitment to shareholder value creation.
The post South African billionaire Michiel Le Roux’s Capitec Bank announces $20.37 million dividend payout appeared first on Billionaires.Africa ..read more