Egyptian billionaire Hani Berzi has experienced a significant increase in the market value of his share…
Category: Business & Opportunities
Egyptian Billionaire Mansour family’s Firm Sells $3M Share in Palm Hills
El Mansour & El Maghraby Investment and Development Company (MMID), a joint venture owned by Egypt’s…
Daymond John Fulfills Young Gardener’s Dream at Walt Disney World
Te’Lario Watkins II, the founder of Tiger Mushroom Farms, has been growing and selling gourmet mushrooms…
Rosalind Brewer Assumes New Position Post Unexpected Exit from Fortune 500 CEO Role
In 2021, Rosalind “Roz” Brewer became the first black CEO of a Fortune 500 corporation, leading…
Moroccan Billionaire, Lamia Tazi’s Sothema Investment Dips, Now Valued under $60 Million
Lamia Tazi, a leading Moroccan billionaire and CEO of Marocaine Ste de Therapeutique (Sothema), has seen…
Top 10 Richest Billionaires in Energy Industry
The global energy sector is divided into two broad segments: renewable and nonrenewable energy. The energy…
Veteran Haley McClain Hill Wins $150K on ‘Shark Tank’ for Her Military Apparel Line
Haley McClain Hill, a former US Air Force lieutenant, founded Torch Warrior Wear, a military apparel…
Get to Know Sterling Coleman, Zaxby’s Top African-American Operator
Get to know Sterling Coleman, the largest African-American operator of the restaurant chain Zaxby’s. He originally…
Basketball Coach LeVelle Moton Launches $8.3m Affordable Housing Project in His Childhood Black Neighborhood
LeVelle Moton, the current basketball coach of North Carolina Central University, attributes his success to growing…
Egyptian Mogul Hisham Talaat Moustafa Faces $180M Setback
Egyptian businessman Hisham Talaat Moustafa, the billionaire head of Talaat Moustafa Group (TMG) Holding, is experiencing…
Egyptian Billionaire Nassef Sawiris’ Adidas Stake Exceeds $2.7 Billion
Adidas, the German sportswear giant, continues to surge on the stock market, with shares up more…
America’s 2nd Richest Black Billionaire, Davido Steward’s Fortune Plunges by $200M in Under 2 Weeks
David Steward, a significant person in the software business who is currently America’s second-wealthiest Black individual,…
Egyptian Tycoon Safwan Thabet’s Juhayna Sees $340M Revenue in 2023
Juhayna Food Industries, a significant Egyptian dairy, juice, and cooking food producer led by notable businessman…
Uganda Plans To Build Its First-Ever Tin Refining factory
Uganda plans to build its first tin refining factory in May 2024, in an effort to…
Top 10 African Cities With The Priciest Living Expenses in Q1 2024
In Africa, which has 54 countries, each with its own set of issues, one major difficulty…
Tunisian Businessman Abdelwaheb Ben Ayed Profits $2.9 Million from Poulina Investment
Tunisian businessman Abdelwaheb Ben Ayed, recognized as one of the country’s wealthiest businessmen, has seen a…
Kenya’s Richest Banker, James Mwangi, Earns Close to $4 Million Within a Fortnight
Kenya’s richest banker, James Mwangi, the managing director and CEO of Equity Group, has seen his…
Africa’s Richest Man Aliko Dangote’s Refinery Now Fuels Local Market
Africa’s largest petrochemical refinery, the $20.5-billion Dangote Oil Refinery, owned by Africa’s wealthiest individual, Aliko Dangote,…
Egyptian Billionaire Nassef Sawiris’ OCI N.V. Records $392 Million Loss in 2023
OCI N.V., the world’s top producer and distributor of green methanol, led by Egyptian billionaire tycoon…
Kenneth Frazier’s Stake in Merck & Co. Tops $90 million
Kenneth Frazier, one of America’s leading Black CEOs, has seen his investment in Merck & Co.…
8 Businesses Under NBA Legend Julius Erving’s Ownership
Julius Winfield Erving II, also known as Dr. J, revolutionized basketball with his dynamic play style,…