Billionaires
Aliko Dangote Sends Seven Clinker Vessels to Ghana, Cameroon
Aliko Dangote, through his flagship company, Dangote Cement Plc, has significantly ramped up clinker exports to Ghana and Cameroon. This strategic initiative not only highlights the strength of Dangote Cement as Africa’s leading cement producer but also positions Aliko Dangote at the forefront of regional development. As Africa’s richest man,…
Read More »Why African Philanthropists Are Difficult to Track
When it comes to giving, African billionaires, too, like to put their dollars where their mouths are. Just that we don’t know where their mouths are readily. And that makes their do-gooding pretty hard to track. Unlike their counterparts in America and Europe, more than 200 of them members of…
Read More »Atedo Peterside’s Stanbic IBTC Set to Boost Capital by $442.8 Million
Under the visionary guidance of Atedo Peterside, Stanbic IBTC Holdings is on the verge of a significant financial maneuver designed to bolster its market position and support expansive future growth. The Lagos-based financial powerhouse has announced plans to raise a substantial $442.8 million (N550 billion) through a combined strategy of…
Read More »First Anniversary of a World’s Billionaire Who Died Poor
About a year ago, a billionaire died a broke-ass in a rented apartment. His wish. But he died a happy man. At 92. Twelve years before he died, Chuck Feeney, the co-founder of Duty Free Shoppers, joined a bunch of billos on oath, the Giving Pledge. They vowed most of…
Read More »Elon Musk’s Net Worth Soars After Tesla Stock Surge
In a remarkable turn of events, Tesla’s stock has witnessed a historic post-earnings surge, catapulting CEO Elon Musk’s net worth to astonishing new heights. The electric vehicle mogul saw his wealth balloon by more than $10 billion in a single morning, a financial windfall that underscores the volatile yet rewarding…
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