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Overall, we’ve indexed 412 stories from Billionaires.Africa over the past 3 months.

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Top Billionaires.Africa News

Warren Buffett donates record US$6 billion in Berkshire shares

Warren Buffett · United States

Warren Buffett donates record US$6 billion in Berkshire shares

60% Center coverage: 88 sources

Waymo Fleet Manager Targets Funding That Would Lift Valuation Past $1 Billion

Riders · United States

Waymo Fleet Manager Targets Funding That Would Lift Valuation Past $1 Billion

80% Center coverage: 5 sources

TLDR See the Story

Nigeria’s GTBank to Raise $100 Million Selling Shares in UK

Business · Nigeria

Nigeria’s GTBank to Raise $100 Million Selling Shares in UK

Coverage: 2 sources

Guaranty Trust Holding Co., the parent company of Nigeria’s biggest lender by market value, raised $105 million in its first international share sale, a prelude to its listing on the London Stock Exchange.See the Story

Nigerian Stock Market Bounces Back with N378bn Gains After Four Days of Losses

100% Center coverage: 1 sources

The Nigerian Exchange Limited (NGX) bounced back with N378 billion in gains on Wednesday after four days of losses. This is the case as NGX's marketApps · Nigeria See the Story

Official Receiver and Glencore strike crucial Lindsey oil supply deal

Coverage: 2 sources

The Official Receiver reached a deal with the commodities trading giant overnight to sell supply of crude oil to the stricken Lincolnshire refinery, Sky News learns.England · England See the Story

Narendra Raval’s Devki plant stalls over land dispute

Key PointsRaval’s $84.7M iron plant faces delays after Taita Taveta County disowns the land lease granted for the Voi-based project.Devki lease signed by disputed group, as rival factions within Kishushe Ranching Society battle over leadership and land rights.County claims no consultation occurred, raising legal concerns and stalling Devki’s mining start scheduled for December 2024.Less than nine months after breaking ground on an ambitious Ksh1…Voi · Voi Read Article

Yasmine Khamis leads Africa's AI-powered retail shift

Key PointsOriental Weavers debuts world’s first AI-powered “phygital” carpet showroom, merging traditional retail with digital visualization and personalization tools.CEO Yasmine Mohamed Khamis leads shift toward smart retail as Oriental Weavers reports 27% Q1 revenue growth despite a dip in profit.Africa’s digital transformation gains pace as Oriental Weavers and Cassava Technologies push AI-led innovation in retail and infrastructure.In the qu…Cairo, Egypt · Cairo Read Article

Strive Masiyiwa sells Netflix shares, focuses on AI in Africa

Key PointsZimbabwe’s richest man no longer owns Netflix shares after offloading his remaining 290 shares for $387,596 on July 1.Masiyiwa’s exit came the same day Netflix insiders, including Reed Hastings and CFO Spencer Neumann, also sold shares.Masiyiwa’s Cassava Technologies is deploying Nvidia GPUs across Africa to build the continent’s first AI infrastructure.Zimbabwe’s richest man Strive Masiyiwa no longer holds shares in Netflix after rece…Netflix · Harare Read Article

Alami Lazraq’s stake in Moroccan real estate firm tops $600 million

Key PointsAlami Lazraq’s ADI stake gains $46.4 million in 15 days amid rising investor confidence in Morocco’s real estate sector.ADI stock jumps 9.11% from MAD450 to MAD486.5, lifting the company’s market cap above $1.2 billion.Despite rebound, ADI still down 6.48% YTD, highlighting continued volatility in the Moroccan property market.Moroccan real estate tycoon Alami Lazraq, founder of Alliances Group, has seen a fresh boost in the value of hi…Real Estate · Casablanca Read Article

Hisham Talaat Moustafa faces civil suit in London

Key PointsHisham Talaat Moustafa faces a civil lawsuit in London from Suzanne Tamim’s former partner seeking millions in compensation.Moustafa is pushing to have the case dismissed, more than a decade after his pardon for involvement in Tamim’s 2008 murder.The lawsuit emerges as Moustafa continues to lead one of Egypt’s top business empires, with real estate sales surging on strong SouthMed demand.Egyptian billionaire and real estate mogul Hisha…Cairo, Egypt · Cairo Read Article

Arnaud Lagesse's Phoenix completes acquisition in Seychelles

Key PointsMauritius-based Phoenix Beverages acquires 54.4% of Seychelles Breweries from Diageo to expand in the Indian Ocean region.Diageo will continue licensing Guinness, Smirnoff, and other brands to Seychelles Breweries, despite exiting equity ownership.Recent acquisitions in Seychelles and Kenya signal Phoenix’s strategy to scale regionally beyond its Mauritius base.Phoenix Beverages Group, led by Mauritian businessman Arnaud Lagesse, has c…Victoria, Seychelles · Victoria Read Article

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