South African banker Alan Pullinger's stake in FirstRand exceeds $30 million
This marks a significant milestone for Pullinger, who holds a 0.13 percent stake, equivalent to 7,079,000 ordinary shares in FirstRand.
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Prosus, led by South African Billionaire Koos Bekker, acquires food delivery firm for $4.3 billion
Prosus acquires Just Eat Takeaway.com for $4.3 billion, expanding its European food delivery dominance and leveraging AI, investment expertise, and logistics innovation.
Ninety-One boosts stake in insurer linked to Africa’s first Black billionaire to over $510 million
The move, disclosed in a regulatory filing on Friday, Feb. 21, 2025, underscores the deep relationship between the two firms.
Trustco, owned by one of Namibia’s richest families, faces fresh suspension in South Africa
The move comes after Trustco revealed that it is considering delisting from the Johannesburg Stock Exchange as part of its plan to pursue a direct listing on Nasdaq.
Oppenheimer, South Africa’s second-richest man, is $550 million richer this year
In the first two months of 2025, his net worth has risen from $11.6 billion to $12.1 billion.
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Prosus, led by South African Billionaire Koos Bekker, acquires food delivery firm for $4.3 billion
Prosus acquires Just Eat Takeaway.com for $4.3 billion, expanding its European food delivery dominance and leveraging AI, investment expertise, and logistics innovation.
Ethiopia’s 10 richest businessmen
These business leaders are not just accumulating wealth; they are pivotal players in Ethiopia’s transformation.
Flutterwave, led by Olugbenga Agboola, plans Nigerian Exchange listing with focus on profitability
This comes as Flutterwave continues to emphasize that its long-awaited initial public offering (IPO) will only happen once the company becomes profitable.
Egyptian multimillionaire Safwan Thabet’s Juhayna stake gains $36.62 million in 20 days
Juhayna’s strong fundamentals and strategic market positioning continue to attract institutional and high-net-worth investors.