Billionaires.Africa

The world's premier source of news on Africa's billionaires and UHNWIs.

[Billionaires.Africa @NineZeroClub]

Rob Hersov-backed Africa Bitcoin Corporation cancelled a proposed shareholder meeting after investors withdrew their demand for two new directors. Four directors had resigned amid the dispute.

https://t.co/DpvNpBXOrd

#RobHersov #Bitcoin

[Billionaires.Africa @NineZeroClub]

Aliko Dangote is giving his daughters greater leadership roles across his businesses as a refinery share sale could lift his fortune to $58 billion. The sisters oversee cement and food, the family office, and fertilizer and energy

https://t.co/n7sC9MiivR

#AlikoDangote #Nigeria

[Billionaires.Africa @NineZeroClub]

Johann Rupert’s Reinet Investments has named longtime financial manager Peter Clarke as CFO from November 1, 2026. He succeeds André du Plessis, who is retiring after serving since 2008.

https://t.co/Vy9MknT9I4

#JohannRupert #SouthAfrica

[Billionaires.Africa @NineZeroClub]

Dangote’s $1.6bn refinery IPO could boost Nigeria’s active investors threefold to fivefold, says NGX CEO Temi Popoola. The offer closes October 27.

https://t.co/DGeXfonTJF

#Dangote #Nigeria

[Billionaires.Africa @NineZeroClub]

Ylias Akbaraly’s Thomson Broadcast is seeking a $449 million deal to rebuild Nigeria’s TV and radio network, with hopes of securing approval during Macron’s visit.

https://t.co/SaTKjXEqv9

#Nigeria #Business

[Billionaires.Africa @NineZeroClub]

Standard Bank CEO Sim Tshabalala’s 753,724 shares in the lender are worth $13.5 million. He plans to retire at the end of 2027.

https://t.co/E4R8BEUa8J

#SimTshabalala #StandardBank

[Billionaires.Africa @NineZeroClub]

Standard Bank CEO Sim Tshabalala’s 753,724 shares in the lender are worth $13.5 million. He plans to retire at the end of 2027.

https://t.co/E4R8BEUa8J

#SimTshabalala #StandardBank

[Billionaires.Africa @NineZeroClub]

Egyptian billionaire Naguib Sawiris is launching Silversands Mykonos, a 93-room five-star resort in Greece featuring five villas, six pools and a Floating Rock Bar. The resort is expected to open in May 2027.

https://t.co/tzGKbqDLGA

#NaguibSawiris #Mykonos #Hospitality

[Billionaires.Africa @NineZeroClub]

Zimbabwe’s ruling ZANU-PF has postponed its leadership congress from 2027 to 2029 and endorsed President Mnangagwa as its sole candidate, giving Kudakwashe Tagwirei more time to strengthen his position in the party.

https://t.co/3NBkMrxMVS

#Zimbabwe #KudakwasheTagwirei #ZANUPF

[Billionaires.Africa @NineZeroClub]

Burna Boy is launching his first sneaker collection with Roger Federer-backed Swiss brand On on October 22.
The three designs span running, tennis and lifestyle wear, priced between $150 and $180.

https://t.co/0wCSVAEwTN

#BurnaBoy #Sneakers #Nigeria

[Billionaires.Africa @NineZeroClub]

Hassanein Hiridjee’s AXIAN has secured up to $62.3 million from Dutch lender FMO for a 50MW solar plant in northern Ivory Coast.
The plant is expected to begin operating in 2028.

https://t.co/0s31JEpvvv

#AXIAN #SolarEnergy #Africa

[Billionaires.Africa @NineZeroClub]

Nigerian billionaire Aliko Dangote plans to invest $50 billion across Africa by 2030, building fuel pipelines, storage depots and supply routes from East to Southern Africa.

https://t.co/UnSGEwkjHs

#AlikoDangote #Africa #Business

[Billionaires.Africa @NineZeroClub]

Edha Nahdi’s Amsons agreed to pay $230 million for Oryx’s Tanzania fuel business, lifting storage to 800,000 tons.

https://t.co/dNOdfJlLkS

#EdhaNahdi #Tanzania

[Billionaires.Africa @NineZeroClub]

Dahabshiil Motors has signed a deal to become an authorized Chery dealer in Somalia, adding the Chinese carmaker to its range of Toyota, Hyundai and BYD models.

https://t.co/CWqjmOxkUW

#Somalia #Chery #Dahabshiil

[Billionaires.Africa @NineZeroClub]

Talaat Moustafa Group has agreed with Egypt to build four mixed-use projects worth about 11 trillion pounds ($202 billion), sending its shares up about 7%.

https://t.co/m1u0rPDkF4

#Egypt #TMG #RealEstate

[Billionaires.Africa @NineZeroClub]

Wale Babalakin's Bi-Courtney has settled a nearly 20-year dispute over Lagos' MMA2 terminal, dropping a 132 billion naira judgment claim.

https://t.co/MRbyVwNB72

#Lagos #Nigeria #Aviation

[Billionaires.Africa @NineZeroClub]

Talaat Moustafa Group has agreed with Egypt to build four mixed-use projects worth about 11 trillion pounds ($202 billion), sending its shares up about 7%.

https://t.co/m1u0rPCMPw

#Egypt #TMG #RealEstate

[Billionaires.Africa @NineZeroClub]

Nigeria's EFCC has arrested Abuja businessman Innocent Ezuma over alleged fraud of more than $120 million from a Ukrainian investor. He has not been charged.

https://t.co/rBLFNBFPHk

#Nigeria #EFCC #Fraud

[Billionaires.Africa @NineZeroClub]

Zak Calisto's direct stake in Karooooo is worth about $1.1 billion, up 417% since 2018, as Cartrack keeps adding subscribers.

https://t.co/hFcbn1sGJF

#Karooooo #Cartrack #SouthAfrica

[Billionaires.Africa @NineZeroClub]

Aliko Dangote's group has bought almost 25% of Kenya Pipeline Company for about $327 million, weeks after breaking ground on a Lamu refinery.

https://t.co/Fmgf5XOUUx

#Dangote #Kenya #EastAfrica