Blog entries from: The Africa Chronicles


1 to 10 of 91

October 28 2014

From The Africa Chronicles Tue Oct 28 2014, 11:30:00

South Africa's first black billionaire, Patrice Motsepe, has donated $1 million to the Ebola Fund in the Republic of Guinea to aid the West African country in its fight against the spread of the Ebola virus.

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October 20 2014

From The Africa Chronicles Mon Oct 20 2014, 16:08:00

Africa's wealthiest man, Aliko Dangote, has promised to assist Liberia as the West African country fights against the spread of the Ebola virus.

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October 16 2014

From The Africa Chronicles Thu Oct 16 2014, 17:58:00

Sierra Leone's horrific Ebola outbreak is having a devastating effect on the country's economy and crippling its ambitious entrepreneurs

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From The Africa Chronicles Thu Oct 16 2014, 17:07:00

Nigerian banker Tony O. Elumelu has floated the Elumelu Nigeria Empowerment Fund, a $9 million fund to empower and support residents of distressed communities across Nigeria.

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October 9 2014

From The Africa Chronicles Thu Oct 9 2014, 13:51:00

Oil giant Royal Dutch Shell has agreed to sell a prolific Nigerian oil block, Oil Mining License 29, and an associated pipeline, for $2.5 billion to a consortium led by Taleveras Group, an oil trading firm founded and owned by a 39 year-old Nigerian multi-millionaire Igho Sanomi

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From The Africa Chronicles Thu Oct 9 2014, 11:19:00

Angola's largest commercial bank, Banco BIC, which is 42.5% controlled by Africa's richest woman, Isabel dos Santos, has rebeen granted a provisional license by the Central Bank of Namibia to launch a local subsidiary which would operate as a banking institution in the country and trade under the name, Bank BIC Namibia Limited.

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October 5 2014

From The Africa Chronicles Sun Oct 5 2014, 11:32:00

Nigerian billionaire Aliko Dangote has announced new plans to invest an undisclosed sum in the development of a major coal mine in Tanzania, even as he continues to expand his business interests across the continent.

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October 2 2014

From The Africa Chronicles Thu Oct 2 2014, 17:18:00

South African software multi-millionaire Mark Shuttleworth has reportedly been awarded R250 million ($22 million) - with interest, by South Africa's Supeme Court of Appeal after taking on South Africa's Reserve Bank, following a prolonged legal battle over an exchange control regulation that imposed a 10% exit levy on assets exported on emigration.

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October 1 2014

From The Africa Chronicles Wed Oct 1 2014, 15:10:00

Africa's richest woman, Isabel dos Santos, has increased her stake in Angolan Bank Banco BIC to 42.5%, according to Portuguese newspaper, Publico.

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From The Africa Chronicles Wed Oct 1 2014, 08:25:00

Jean-Claude Bastos De Morais, a success Swiss investor, is the founder of the African Innovation Foundation and the Innovation Prize of Africa

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