Omokolade Ajayi

781 Articles
South Africa’s second-richest man, Nicky Oppenheimer.
Hot NewsBillionairesBusiness

South African billionaire Nicky Oppenheimer rebounds with $1.6 billion gain

Nicky Oppenheimer adds $1.6 billion in five weeks as private investments drive wealth recovery across Africa, Asia, and global markets.

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Aliko Dangote, Africa’s richest man and founder of Dangote Group.
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Aliko Dangote refinery drives petrol prices up 82 percent in Nigeria this year

Aliko Dangote’s $20 billion refinery lifts petrol prices 82 percent in 2026, reshaping Nigeria’s fuel supply as costs climb.

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Hot NewsBusiness

African ports miss out as Hormuz disruption reroutes shipping via Cape routes

African ports see minimal gains as Hormuz tensions divert global shipping via Cape routes, extending voyages and reshaping trade flows.

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Hot NewsLuxury

Mauritius eyes 100 wealthy investors a year with golden visa push

Mauritius plans to attract 100 high-net-worth investors annually through a golden visa requiring at least 1 million dollars in investment.

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Warren Buffett, chairman of Berkshire Hathaway and global investor.
Hot NewsBillionaires

World’s richest investor Warren Buffett backs Kenya with $59 million over two years

The latest pledge brings the foundation’s total support to Ksh7.6 billion ($59 million) after the Ksh3.8 billion contribution made last year.

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Presco Plc, Nigeria’s leading palm oil producer.
Hot NewsBusiness

Nigeria’s Presco declares $11 million dividend as 2025 profit hits $88.7 million

Nigeria’s largest palm oil processor, Presco, declares $11 million dividend as 2025 profit rises to $88.7 million on stronger revenue and margins.

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Jim Ovia, founder of Zenith Bank.
Hot NewsBusiness

After growing Zenith Bank to $23 billion in assets, Nigerian banking titan Jim Ovia retires

Jim Ovia retires after growing Zenith Bank to $23 billion in assets, closing a 30-year era that shaped one of Africa’s top lenders.

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LuxuryBillionairesBusinessHot News

Ethiopia’s richest man Mohammed Al-Amoudi plans 10 hotels as wealth tops $9 billion

Mohammed Al-Amoudi plans 10 hotels in Ethiopia as wealth exceeds $9 billion, expanding MIDROC’s hospitality investments.

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Zenith Bank, Nigeria’s most profitable lender.
Hot NewsBusiness

After $230 million Q1 profit, Zenith Bank opens Côte d’Ivoire subsidiary

Following $230 million Q1 profit, Zenith Bank launches Côte d’Ivoire subsidiary to deepen West African corporate banking expansion.

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Turnstar House, Turnstar Holdings commercial property located in Main Mall, Gaborone, Botswana.
Hot NewsBusiness

Botswana’s Turnstar reports $26.1 million rental income; profit falls 64%

Gaborone-based property investment company Turnstar posts $26.1 million rental income; profit falls 64% amid valuation and FX losses.

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Nigerian billionaire Abdul Samad Rabiu.
Hot NewsBillionairesBusiness

Nigerian billionaire Abdul Samad Rabiu becomes Africa’s second-richest as fortune hits $15.8 billion

Nigerian billionaire Abdul Samad Rabiu reaches $15.8 billion net worth, becoming Africa’s second-richest as BUA Cement shares rally.

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Egyptian billionaire Naguib Sawiris, one of Africa's richest individuals.
Hot NewsBillionairesBusiness

Egyptian billionaire Naguib Sawiris’ net worth hits $11.3 billion as $400 million flows into gold

Egyptian billionaire Naguib Sawiris boosts wealth to $11.3 billion as $400 million flows into gold, strengthening his mining portfolio.

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