Sam Jonah Moves Against Nigeria in $500 Million Abuja Land Battle
Ghanaian tycoon Sam Jonah has initiated arbitration against the Nigerian government at the ICC in Paris over the termination of a lease on a $500 million Abuja property.
Category: Billionaires
Chakib Alj Becomes Morocco’s Largest Miller After Forafric Maroc Takeover
Chakib Alj’s Cap Holding has completed its takeover of Forafric Maroc, adding the Tria and Maymouna brands to its portfolio and becoming Morocco’s largest milling group.
David Olurin Invests $4.5 Million to Curb Nigeria’s Raw Cashew Exports
Cardinal Torch is building a $4.5 million cashew processing facility in Sagamu to reduce Nigeria’s reliance on exporting raw cashews to Asian markets.
Zed Koudounaris and Michael Fowler Turn Harare Chicken Shop Into $1.3 Billion Empire
Entrepreneurs Zed Koudounaris and Michael Fowler have transformed a small chicken shop in Harare into a $1.3 billion empire consisting of four listed companies.
Simon Rudland Invests $25 Million in New Zimbabwean Citrus Plant
Billionaire Simon Rudland has expanded his industrial footprint with a $25 million citrus processing plant in Beitbridge, marking his second major agro-processing move in months.