Billionaires

Explore the world of Africa’s wealthiest individuals. Shore Africa tracks billionaires, their businesses, and the industries driving their fortunes.

Supporting Content:
From net worth rankings to investment strategies, our Billionaires category provides insights into wealth creation and economic influence across Africa.

Latest Billionaires News
Hisham Talaat Moustafa TMG stake
BillionairesBusinessHot News

Egyptian billionaire Hisham Talaat Moustafa’s TMG stake rises above $1.65 billion

TMG rally lifts Hisham Talaat Moustafa’s stake above $1.65 billion as investor demand strengthens despite Egypt’s inflation pressures.

Feyisayo Ajayi Feyisayo Ajayi
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Moroccan billionaire Anas Sefrioui
BillionairesBusiness

Moroccan billionaire Anas Sefrioui’s stake in Addoha rebounds close to $1 billion

Anas Sefrioui Addoha stake rebounds close to $1bn as Moroccan property group shares rally on stronger earnings growth.

Timilehin Adejumobi Timilehin Adejumobi
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Nigerian billionaire Abdul Samad Rabiu.
Hot NewsBillionairesBusiness

Nigerian billionaire Abdul Samad Rabiu loses $906 million in 24 hours as BUA Cement shares slide

Abdul Samad Rabiu loses $906 million as BUA Cement shares fall, trimming gains after a strong rally and record dividend payout.

Omokolade Ajayi Omokolade Ajayi
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South African packaged foods giant Tiger Brands Limited.
Hot NewsBillionairesBusiness

South Africa’s Tiger Brands reports $1.1 billion H1 revenue on volume growth

Tiger Brands reports $1.1 billion revenue as operating income rises 26.1 percent, driven by volume growth, margin gains, and efficiency improvements.

Omokolade Ajayi Omokolade Ajayi
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Kenyan tycoon Ngugi Kiuna.
Hot NewsBillionairesBusiness

Heineken seeks to block $1.8 million interest award in decade-long battle with Kenyan tycoon Ngugi Kiuna

Heineken appeals a $1.8 million interest ruling in its long-running Kenya dispute with tycoon Ngugi Kiuna’s Maxam Ltd.

Omokolade Ajayi Omokolade Ajayi
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Nigerian billionaire Abdul Samad Rabiu.
LuxuryBillionairesBusinessHot News

After $237 million dividend, Abdul Samad Rabiu is ‘Cruising the Mediterranean’

After receiving $237 million dividend from BUA Cement, Nigerian billionaire Abdul Samad Rabiu cruises the Mediterranean following strong 2025 results.

Omokolade Ajayi Omokolade Ajayi
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Nigerian billionaire Adebayo Ogunlesi.
TechnologyBillionairesBusinessHot News

Over a year after Nigerian billionaire Ogunlesi joins board OpenAI weighs $1tn IPO with Citi, JPMorgan as advisers

OpenAI weighs a potential initial public offering near 1 trillion dollar valuation with Citi and JPMorgan as advisers.

Omokolade Ajayi Omokolade Ajayi
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Egyptian billionaire Naguib Sawiris.
Hot NewsBillionairesBusiness

Egyptian billionaire Naguib Sawiris’ net worth rises nearly $1 billion as gold fuels gains

Naguib Sawiris’ wealth has climbed by nearly $1 billion this year, reaching about $11.6 billion as surging gold prices boost his mining-linked investments.

Omokolade Ajayi Omokolade Ajayi
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South African pharmacy retailer Dis-Chem Pharmacies.
Hot NewsBillionairesBusiness

Dis-Chem revenue climbs 9% to $2.64 billion on retail and wholesale growth

Dis-Chem revenue rises 9% to $2.64 billion as retail and wholesale growth, store expansion and healthcare investments lift performance.

Omokolade Ajayi Omokolade Ajayi
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