Billionaire

Kenya seals $160 million conservation deal backed by US billionaire heirs

Kenya's government and a group of donors have signed a $160 million conservation programme aimed at protecting 173,000 square km…

2 weeks ago

West African leaders back Nigerian billionaire Tony Elumelu and Sierra Leone’s Bio to unlock $15bn investment pipeline

Elumelu, chairman of Heirs Holdings and co-chair of the West Africa Integration and Investment Summit (WAIIS), is working with…

3 weeks ago

Another African billionaire has crossed the $20 billion mark, making him the 3rd person on the continent to do so

Currently, Nathan Kirsh, who began the year with $9.1 billion, now boasts a net worth of $20 billion according…

3 months ago

Nigerian billionaire Femi Otedola has spent about $300 million buying bank shares this year raising his First HoldCo stake to 26% as he targets a 51% majority takeover

The buying spree is increasingly looking like more than a portfolio investment. Otedola, whose business interests have ranged from…

3 months ago

Billionaire Idrissa Nassa pushes Coris into Central African Republic

Coris Bank International, the lender founded by Burkinabè businessman Idrissa Nassa, plans to open a branch in the Central African…

3 months ago

Billionaire erects $124 million gas terminal to challenge Kenya’s import duopoly

The 30,000-tonne facility located at the Dongo Kundu Special Economic Zone is currently approaching completion, according to the Kenya…

4 months ago

Tanzania’s sole billionaire seeks a $100 million role in Africa’s richest man’s $17 billion project

The Tanzanian billionaire recently disclosed his intentions to invest $100 million in Dangote’s planned refinery in Kenya. “I…

4 months ago

South African billionaire Johann Rupert’s Richemont records sales growth amid tariff crisis, high gold prices

Luxury goods giant Richemont, controlled by South African billionaire Johann Rupert, posted sales growth despite mounting pressure from global…

5 months ago

Another South African billionaire linked to presidency amid Ramaphosa succession debate

This time, former anti-apartheid activist and mining magnate Tokyo Sexwale has emerged in discussions ahead of the ANC’s crucial…

6 months ago

Beyoncé Reportedly Becomes a Billionaire

Beyoncé Knowles-Carter has achieved billionaire status, joining a select group of Black Americans who have amassed significant wealth. This milestone…

10 months ago