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Anas Sefrioui surpasses Akhannouch and Benjelloun to become Morocco's richest man
Anas Sefrioui returns to Africa’s billionaire list with a net worth of $1.7 billion, surpassing PM Akhannouch and banking tycoon Benjelloun.
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Anas Sefrioui surpasses Akhannouch and Benjelloun to become Morocco's richest man
Anas Sefrioui returns to Africa’s billionaire list with a net worth of $1.7 billion, surpassing PM Akhannouch and banking tycoon Benjelloun.
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Orascom Construction, backed by Egypt’s richest family, advances in $2.6 billion Saudi deal
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Egyptian brothers Ahmed, Sadek El-Sewedy see $128 million surge in Elsewedy Electric
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Egyptian real estate tycoon Abdallah Sallam's Madinet Masr profit hit $58.3 million in 2024
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Wale Tinubu's Oando lands $650 million Agip deal backed by AfrexInsure
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Aradel, led by Nigerian businessman Ladi Jadesimi, declares $62 million dividend
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Ethiopia’s richest man Mohammed Al-Amoudi sees Preem stake soar to $4.7 billion
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Ethiopian billionaire Mohammed Al-Amoudi’s Preem posts $12.8 billion in 2024 revenue
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Africa’s richest man Aliko Dangote plans $400 million cement expansion in Ethiopia
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Zepz teams up with dLocal after $267 million raise to boost cross-border payments
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Mohammed Al-Amoudi’s wealth falls $1-billion amid asset revaluation, legal disputes
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Latest Posts
Anas Sefrioui surpasses Akhannouch and Benjelloun to become Morocco's richest man
Anas Sefrioui returns to Africa’s billionaire list with a net worth of $1.7 billion, surpassing PM Akhannouch and banking tycoon Benjelloun.
South African tycoon Barry Stuhler’s Lighthouse declares $29.5 million dividend
This represents a 17.08 percent increase compared to the previous year, driven by stronger-than-expected tenant sales and a strategic expansion of its property portfolio.
Sibanye’s 89MW wind farm begins commercial operation under Neal Froneman
Sibanye-Stillwater, led by Neal Froneman, begins commercial operations at 89 MW Castle Wind Farm, advancing its renewable energy goals and sustainability efforts.
The World’s Black billionaires in 2025
With a combined fortune exceeding $90 billion, Black billionaires are shaping industries from energy and tech to media and infrastructure.
South African billionaire Rob Hersov to launch media empire
The entrepreneur aims to launch a platform like ‘The Daily Wire’ for South Africa, expanding his influence in media and politics.
Standard Bank, led by Sim Tshabalala, raises sustainable finance commitments to $24.5 billion
Standard Bank boosts sustainable finance to $24.5 billion by 2028, reinforcing its role in Africa’s energy transition while balancing climate goals with economic growth.
Nicky Oppenheimer, South Africa’s second-richest man, loses $800 million
The recent dip means Oppenheimer has lost $250 million year-to-date, reversing the $550 million gain recorded just 38 days ago.
OpenAI raises $40 billion, two months after Ogunlesi joins board
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Wale Tinubu's Oando lands $650 million Agip deal backed by AfrexInsure
The agreement strengthens Oando’s presence in Nigeria’s oil and gas sector and deepens its long-standing partnership with Afreximbank.
Equity Group to reward Kenyan banker Mwangi with $4.2 million dividend payout
His stake in the lender, worth over $45 million, represents a 3.39 percent share in the leading financial services group.
Noluthando Gosa-linked ArcelorMittal South Africa defers shutdown amid $91.6 million IDC facility
ArcelorMittal SA secures a $91.6 million IDC facility, delaying its Long Steel shutdown for six months as it navigates financial turmoil and explores long-term solutions.
CIC Group, linked to Kenyan tycoon Gideon Muriuki, unveils $5.6 million bonus issue
It underscores CIC Group’s commitment to enhancing superior shareholder value while strengthening liquidity and accessibility in the market.
LeBron James secures major Amazon deal, expanding his media empire
The partnership will make the series available on Amazon Prime Video, Amazon Music, Fire TV Channels, and Echo devices.
Aradel, led by Nigerian businessman Ladi Jadesimi, declares $62 million dividend
Aradel reports record earnings, raises dividends, and expands its asset base through strategic acquisitions, strengthening its position in Nigeria’s energy sector.
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Tanzanian tycoon Ally Edha Awadh hit by regulatory hurdle in Kilifi LPG project
The ruling adds to Kenya’s growing regulatory scrutiny of LPG projects, following past crackdowns by the EPRA on non-compliant firms.
