
Ethiopia’s richest man Mohammed Al-Amoudi sees Preem stake soar to $4.7 billion
Preem’s newly published 2024 annual report provided fresh insights into its valuation, driving up the value of Mohammed Al-Amoudi’s stake.
Preem’s newly published 2024 annual report provided fresh insights into its valuation, driving up the value of Mohammed Al-Amoudi’s stake.
This comes just five months after BelemaOil restarted production at Oil Mining Lease 55 (OML 55).
This marks a major step in Bidvest’s global expansion, strengthening its position in hygiene, facilities management, and distribution services.
With February’s gains, Rupert’s year-to-date increase now stands at $3.19 billion, making him the only African billionaire to have gained more than $3 billion so far in 2025.
Capitec Bank's decision to cap Capitec Pay commission fees at $0.37 per transaction aims to support businesses and boost South Africa’s expanding e-commerce sector.
Jordan’s extravagant Chicago mansion, an approximately 56,000-square-foot property rich in splendor and individuality.
Dangote owns several valuable, privately-held, unquoted companies that add hundreds of millions of dollars to his wealth.
Meet 10 African billionaires who did not feature in Forbes’ annual ranking of the world’s richest people.