Egyptian billionaire Ahmed El-Sewedy gains $54 million from Elsewedy Electric stake with rahim66
Egyptian businessman Ahmed El-Sewedy, CEO of Elsewedy Electric, has seen the value of his stake in the company rise by $51 million in the p...Read More
Malawian billionaire Hitesh Anadkat’s FMB stake surges above $1.4 billion with rahim66
Malawian billionaire Hitesh Anadkat has gained $250 million in just two weeks as shares of FMB Capital Holdings continue their impressive r...Read More
Rihanna’s Fenty Beauty may see LVMH exit in $2 billion deal with rahim66
LVMH, the French luxury-goods powerhouse, is considering the sale of its 50 percent stake in Fenty Beauty, the cosmetics brand founded with...Read More
Aliko Dangote’s net worth surges, now $200 million shy of $30 billion with rahim66
Africa’s richest man, Aliko Dangote, is within reach of a rare milestone. A steady rise in the value of his companies on the Nigerian Excha...Read More
South African billionaire Michiel Le Roux’s Capitec targets SMEs with fintech push with rahim66
Capitec Bank, a leading retail bank founded by South African billionaire banker Michiel le Roux, is taking a fresh step into fintech throug...Read More
South African banker Johan Burger gains $5 million from FirstRand stake with rahim66
South African banker Johan Burger, a veteran of the country’s banking industry, has seen the value of his stake in FirstRand Limited rise b...Read More
NCBA, backed by Kenya's richest families, unveils $6 million digital banking with rahim66
NCBA Bank, the flagship banking subsidiary of NCBA Group, partly owned by some of Kenya’s wealthiest families, has launched a $6 million di...Read More
Aliko Dangote's refinery gears up to supply 310 million liters of petrol with rahim66
As petrol prices climbed across Nigeria over the weekend, the Dangote Petroleum Refinery, owned by Africa’s richest man, Aliko Dangote, sai...Read More
Nigerian cocoa magnate John Alamu taps capital markets to raise $67.5 million for Johnvents expansion with rahim66
John Alamu, the founder of Johnvents Industries Ltd., has again turned to Nigeria’s capital markets as he scales up the country’s fledgling...Read More
South African mogul Terrence Moolman gains $29 million from Caxton shares with rahim66
South African media veteran Terrence Moolman has seen a sharp rise in the market value of his stake in Caxton & CTP Publishers Ltd., af...Read More