Tag: Featured

Tanzania’s richest man Mohammed Dewji loses $100 million after two-year surge

Mohammed Dewji loses $100 million as global pressures weigh on MeTL Group valuations, reducing his fortune to $2.1 billion.

Omokolade Ajayi Omokolade Ajayi

South African Van der Walt brothers boost RMB Holdings stake to $34 million

South African billionaires Faan and Dirk van der Walt boost RMB Holdings stake to $34 million, strengthening strategic influence.

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Five new Black billionaires join global ranks in 2026

Five new Black billionaires join global ranks in 2026, pushing combined wealth past $120 billion.

Omokolade Ajayi Omokolade Ajayi

How wealthy Africans structure wealth to survive divorce, death, and disputes

Africa’s ultra-wealthy structure wealth to survive divorce, death, and disputes, ensuring continuity across generations and crises.

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Nigerian investor Tokunboh Ishmael builds Africa-focused impact capital platform through Alitheia Capital

Tokunboh Ishmael builds Alitheia Capital into a leading platform channeling impact investment into Africa’s underserved, high-growth sectors.

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ReconAfrica begins Namibia oil testing, advances Gabon exploration drive

ReconAfrica begins production testing in Namibia while advancing Gabon exploration, signaling momentum in its African upstream growth strategy.

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Ethiopia gets $13 billion in investments, led by Ming Yang Smart Energy’s $10 billion commitment

Ethiopia secures $13 billion in investment deals to boost manufacturing, energy and infrastructure growth after Addis Ababa summit.

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Meet Ibrahim Sagna: The dealmaker building Africa’s next generation of global champions

Ibrahim Sagna is reshaping African investing, backing tech, media and sports ventures to build globally competitive, Africa-born champions.

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Meet Nigerian billionaire businessman Emeka Offor, holding Guinea Insurance stake worth over $5 million

Nigerian billionaire Emeka Offor, founder of Chrome Group, controls more than 65% stake in Guinea Insurance Plc valued at over $5 million, positioning him at the center of the company’s recapitalization drive. The holding, equivalent to 5.59 billion shares, is structured through Chrome Oil Services Ltd and Nimek Investments Ltd, reinforcing long-term control and financial flexibility. As Guinea Insurance launches…

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How late Herbert Wigwe engineered and safeguarded his global fortune

Herbert Wigwe built a global fortune using trusts, offshore firms and 106 London properties to protect wealth and ensure long-term control.

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5 richest Arab families in 2026 ranked by net worth

Five richest Arab families in 2026 leverage energy, real estate, and telecoms to build multibillion-dollar empires and global influence.

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Nigeria’s Moniepoint expands into Kenya, targets SME banking growth

Moniepoint acquires 78% of Sumac Microfinance Bank, expanding SME banking and operations in Kenya under Tosin Eniolorunda.

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