Letshego Holdings, a subsidiary of the Botswana-based transnational financial services corporation partly owned by Malawian banking billionaire Hitesh […]
Kenya’s I&M Group Supports New Tatu City Facility
I&M Group, a leading financial services provider founded by Kenyan billionaire Suresh Bhagwanji Shah, has partnered with Norfund […]
Egypt’s Madinet Masr Signs $13.3 Million Development Contract
Madinet Masr, a leading real estate developer founded by Egyptian tycoon Abdallah Sallam, has signed a Memorandum of […]
Egypt’s Ahmed Ezz Approaches Billionaire Status as Ezz Steel Shares Soar to $800 Million
Ahmed Ezz’s share in Ezz Steel has increased from $700 million to $807 million in just 16 days, […]
Florida’s Richest Man Is Opening a Pricey New Miami Office
Citadel, a leading hedge fund, recently announced plans for a 54-story headquarters in Miami. Citadel founder Ken Griffin, […]
Walmart Heiress Alice Walton Now World’s Richest Woman at $95 billion
Alice Walton is on track to join the elite company of centi-billionaires, including Elon Musk, Bill Gates, and […]
China’s Former Richest Man Loses $14 Billion After Temu’s Parent Company Drops 30%
Colin Huang, the founder and former chairman of Chinese e-commerce business PDD Holdings, saw his net worth drop […]
Kenyan Entrepreneur Paul Kimani’s Startup Raises $5 Million From Investors
Workpay, a quickly developing HR and payroll technology startup created by Kenyan entrepreneur Paul Kimani, has successfully received […]
Absa Bank Kenya to Open 17,000 Agency Service Points
Absa Bank Kenya, a Nairobi-based institution partly controlled by Kenyan businessman Baloobhai Patel, has launched a huge expansion […]
Egyptian Businessman Mohammed Elsewedy’s Investment in Electric Giant Nears $500 Million
Mohammed Elsewedy, an Egyptian businessman, is strengthening his position as one of the country’s wealthiest individuals, as his […]
Kenya’s KCB Group Resumes Dividends After an 87% Profit Jump to $225 Million
KCB Group, under the leadership of CEO Paul Russo, is back to rewarding its shareholders with dividends after […]
Craig Arnold’s Eaton Shares Surpass $150 million in Value
Craig Arnold, one of America’s most notable Black CEOs, has seen his fortune rise significantly, with the market […]
Egyptian Billionaire Hani Berzi’s Edita Foods Stake Drops by $11.63 Million
Egyptian billionaire Hani Berzi’s wealth has plummeted, with the market value of his share in Edita Foods Industries […]
Uganda: Umeme’s Shareholder Equity Declines by 14.4%
Umeme Limited, Uganda’s main electricity distributor chaired by Patrick Bitature, reported a 14.4 percent drop in shareholder ownership […]
Senegal ‘Agri-Influencers’ Seek To Shake Up Key Sector
Crouched next to a pile of fresh mangoes, Senegalese farmer Mame Abdou Diop shoots a TikTok clip hoping […]
SA Billionaire Christo Wiese’s Shoprite Shares Increase by $107 Million
Christo Wiese, a South African billionaire, has seen his wealth grow significantly, with his holding in Shoprite Holdings, […]
Kenyan Tycoon Gideon Muriuki’s Co-op Bank Posts 7% Profit Rise
Co-operative Bank of Kenya, led by Managing Director Gideon Muriuki, announced a 7% increase in net profit to […]
South African Mogul Laurie Dippenaar Nets $32.6 Million from FirstRand Shares
Laurie Dippenaar, a South African business entrepreneur, has experienced a significant increase in the market value of his […]
MTN Posts First Loss Since 2016
MTN Group, led by Zimbabwean executive Ralph Mupita, reported its first financial loss since 2016, mostly due to […]
Kenya Govt Plans To Reinstate Some Taxes To Raise $1.2 Bn
According to a government minister, the Kenyan government intends to raise approximately $1.2 billion by reintroducing some unpopular […]
Ted Baker To Close Remaining Stores In Britain And Ireland
Ted Baker, the insolvent British apparel retailer, will close its last 31 stores in Britain and Ireland, laying […]
