Manu Chandaria: Kenyan industrialist behind billion-dollar conglomerate
At 96, Chandaria is still at the helm, guiding Comcraft into its next phase with plans to take key subsidiaries public.
Billionaires Africa
EFCC declares Aisha Achimugu wanted in $150 million fraud case
EFCC declares Aisha Achimugu wanted in a $150.3 million fraud probe involving offshore oil assets, money laundering, and 136 suspicious bank accounts.
Top 10 richest families in Africa
Africa’s wealthiest families shape industries, from Nigeria’s Dantatas to South Africa’s Ruperts, leaving lasting economic legacies through strategic investments.
Sibanye suffers $311 million loss under Neal Froneman
Sibanye-Stillwater narrows 2024 loss to $311 million under Neal Froneman, showing signs of recovery amid weak metal markets and operational restructuring.
Samuel Tafesse: Ethiopian developer behind Africa’s first Marriott hotel
From fixing roofs in Addis Ababa to developing sub-Saharan Africa’s first Marriott hotel, Tafesse has become one of Ethiopia’s top businessmen.
Lamia Tazi gains $14 million from Sothema stake in 18 days
This upswing has further cemented her position among Morocco’s wealthiest individuals.
Meet Ahonsi Unuigbe, Nigerian energy mogul with hidden $70 million oil stake in Canada
With over two decades of experience across industries, Unuigbe, CEO of Petralon Energy, is a leading energy mogul in Africa.
Peter Munga reclaims Equity Group stake with $1.3 million new shares
The move boosts his direct stake in East Africa’s largest lender at a time when the bank continues to post strong results and maintain its market dominance.
Stephen Saad’s Aspen faces $148.7 million contract dispute
Aspen shares dive 30% amid $148.7 million mRNA tech dispute, stoking investor fears over financial stability.
Ngugi Kiuna’s BOC Kenya eyes growth after Carbacid's failed deal
BOC Kenya, led by Ngugi Kiuna, targets independent growth after the collapse of its acquisition deal with Carbacid, refocusing on market expansion.
Abdul Samad Rabiu’s BUA Cement posts $62 million profit in Q1 2025
Pre-tax profit for the first quarter of 2025 surged to $62 million, marking a significant increase from the same period last year.
Craig Arnold-led Eaton declares $407.2 million dividend
Eaton, led by CEO Craig Arnold, announces a $407.2 million quarterly dividend, showcasing its strong financial performance and commitment to shareholder value.
Capitec to pay $47.6 million to three South African shareholders
Capitec to pay $47.6 million to three South African shareholders
Gabriel Ogbechie’s Eterna stake declines by $6.3 million
In just two months, his holdings have lost N10.16 billion ($6.32 million) due to the recent decline in stock price.
Gerrie Fourie’s salary at Capitec Bank totals $5.6 million
This reflects his role in steering the bank through a period of significant growth, strengthening its position as a leader in the country’s financial sector.
Dominic Sewela's Barloworld $1.2 billion bid gets PIC backing
The PIC has pledged its support by agreeing to accept a standby offer for 41.6 million Barloworld shares, which translates to 21.93 percent of the company’s total issued shares.