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Daily News on African Billionaires and UHNWIs

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Good morning from Billionaires.Africa.

Here is a brief on what we published yesterday.

Forbes counted 27 Black billionaires in 2026, up from 23 in 2025, with a combined $121 billion. We profiled the five youngest — led by Rihanna at 38, whose Fenty Beauty partnership with LVMH generated over $500 million in revenue in its first year alone and mad...


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Andrew Forrest has been fighting Meta in courts on 2 continents for years. On April 17, the Australian mining billionaire took the most consequential step yet in that campaign, asking a US federal judge to strip Facebook's parent company of the legal immunity that has so far kept the case from going to a jury.

A hearing at the US District Court for the Northern District...


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Naguib Sawiris is not worried about the Iran war. He is buying more land.

The Egyptian billionaire and chairman of Ora Developers told The National in Abu Dh...


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Segun Ogunsanya, former group chief executive of Airtel Africa and now chairman of CycleFlow, is stepping back into the spotlight with the official launch of a new working capital platform for Nigeria. The venture, built on technology from United States fintech C2FO and backed by the International Finance Corporation, aims to crack one of the most persistent problems facing A...


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Nigerian entrepreneur Cosmas Maduka, founder and president of Coscharis Group, is tightening his company's grip on Nigeria's nascent electric mobility market through an expanded partnership with Chinese bus manufacturer Asia Star. The collaboration builds on the recent delivery of 20 electric buses to the Abia State government, the first batch of a larger rollout aimed at res...


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