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Africa’s Hidden Billionaires: New Billionaire Emerges As RMB Stock Rises Laurie Dippenaar

Editor’s Note: Read a detailed story on Laurie Dippenaar, GT Ferreira and Paul Harris in the current issue of Ventures Africa Magazine   VENTURES AFRICA – There’s a new billionaire on the block. Laurie Dippenaar, a South African banker and co-founder of FirstRand, the country’s pre-eminent banking group has become the latest member of the [...]

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Tony Elumelu Foundation Hosts Foremost Business Expert Prof. Michael Porter Michael Porter

VENTURES AFRICA – The Tony Elumelu Foundation hosted its Founding Patron, the world’s foremost expert on business strategy and competitiveness, Professor Michael E. Porter, at a series of lectures and events intended to inspire and improve business leaders in Nigeria. “We are committed to developing the future leaders of industry in Africa,” said Elumelu. “The [...]

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Leading Female Entrepreneur: Shana Kay, CEO IntelliCred Shana Kay

VENTURES AFRICA – Let me count the ways Shana Kay, young and certainly dynamic has hit the technology scene in South Africa. Not only is she a young entrepreneurial executive but also someone who’s tenacity has earned several accolades. To name a few, Shana is backed by experience in web development, programming and project management. As [...]

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An African Entrepreneur And The Rewards Of Making A Difference Eric V. Guichard

VENTURES AFRICA – More and more we get the opportunity to pay our respect to African off-spring who have made a success in first-world countries. A new snapshot of success is that flavoured with individuals who have not only made a success of ‘giving’, but in turn has aided others to make such a difference [...]

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One on One With A Young Ghanaian Businessman, Shoemaker Tonyi Senayah

VENTURES AFRICA – At the 10th Anniversary dinner and awards of The Global Professional Achievers Award (GPA) held in Accra, Ghana, a certain Tonyi Senayah, a young Ghanaian businessman in his late 20′s and CEO of Horseman Shoes, was awarded the YOUNG ENTREPRENEUR OF THE YEAR 2011. Receiving the award Tonyi said, “I believe in Ghana and also [...]

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A Young African Entrepreneur And His Water Saving Business Ludwick

VENTURES AFRICA – 2013 is the United Nations International Year of Water Cooperation. To mark this year’s water celebration, attention will be placed on the importance of freshwater and sustainable management of freshwater resources. Last year, I did a feature on Ludwick Marishane, the CEO of Headboy Industries. Ludwick is the brain behind DryBath™, the [...]

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Africa’s Hidden Billionaires: Nigerian Banker Reaches Zenith With $1 Billion Fortune Jim Ovia

Editor’s Note – Last year, Mark Mobius, a renowned emerging markets investor and Executive Chairman of Templeton Emerging Markets Group announced that there may be up to 200 hidden billionaires in Africa. He’s probably right. VENTURES AFRICA’s Intelligence unit is on a mission to traverse the continent and uncover some of these billionaires you’ve never heard about. [...]

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Billionaire Mike Adenuga Rewards Super Eagles With $1m Mike Adenuga

VENTURES AFRICA – Africa’s fifth-richest man Dr. Mike Adenuga Jnr. yesterday rewarded the Nigerian national football team, Super Eagles, with $1 million for winning Africa’s biggest football tournament AFCON 2013. According to a local newspaper The Nation, the Nigerian billionaire businessman announced the donation shortly after the team’s 1-0 victory over Burkina Faso’s Stallions. Adenuga [...]

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Meet The Innovator: Michael Jordaan, CEO First National Bank Michael Jordaan First National Bank

VENTURES AFRICA – First National Bank (FNB) under the guidance of Michael Jordaan was awarded the 2012 BAI-Finacle Global Banking Awards in Washington – THE WORLD’S MOST INNOVATIVE BANK. Michael Jordaan has accumulated more than 28 years of experience in the financial services sector. During this time Michael has held various leadership positions within the [...]

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Ramaphosa Resigns From Lonmin Board Cyril+Ramaphosa

VENTURES AFRICA – Cyril Ramaphosa has resigned from the board of Lonmin, the platinum producer, to avoid conflict of interest as he was recently elected deputy president of the ruling ANC. This is in keeping with an announcement Ramaphosa made last month shortly after he was elected deputy president of the African National Congress (ANC) [...]

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Patrice Motsepe Donates Half of Family Wealth To Charity Patrice_Motsepe

VENTURES AFRICA- South African mining billionaire, Patrice Motsepe, has dpnated half of his wealth to charity. Motsepe, through his family foundation, Motsepe Family Foundation, will fund education, health and other initiatives with his unprecedented act of philanthropy. The Motsepe family, through their pledge, is joining the likes of Microsoft founder Bill Gates and Billionaire Warren [...]

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Ramaphosa Ready To Settle Controversy Over ANC Role Ramaphosa

VENTURES AFRICA – MTN Group Chairman Cyril Ramaphosa has prepared to clear the air concerning suspicions surrounding his business ties and his newly elected role as deputy president of the South African ruling party, African National Congress (ANC). According to BD Live, the political activist turned businessman told Christiane Amanpour in a CNN broadcast, Tuesday, [...]

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Pan African Tobacco Founder, Tribert Rujugiro Ayabatwa Retires Tribert

VENTURES AFRICA- Founder of Pan African Tobacco Group, Tribert Rujugiro Ayabatwa, has retired after a successful 52-year career as an industrialist and entrepreneur. According to a statement released by his company, Ayabatwa’s sons and son-in-law will take over the helms of affairs upon his retirement. While his eldest son, Paul Nkwaya and Son-in-law Serge Huggenberger will serve as [...]

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Kenyan Billionaire Manu Chandaria Donates $1.16m To Children’s Hospital Manu Chandaria

VENTURES AFRICA – Kenyan Billionaire businessman, Dr Manu Chandaria has donated 100 million shillings ($1.16 million) to Gertrude’s Children’s Hospital to improve the intensive care and diagnostic services at the hospital. The philanthropist, who made the donation through his charity organization, Chandaria Foundation said the donation will be used to fund the construction and installation [...]

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Meet The Brain Behind One Of Nigeria’s Most Innovative Fashion Brands Lisa_Folawiyo

VENTURES AFRICA – Passion to fashion. That phrase best describes Lisa Folawiyo, a Nigerian law school graduate turn fashionpreneur who took Africa’s fashion industry by storm by turning a hobby into a global enterprise while revolutionising the art of wearing Ankara (a traditional Indonesian batik formerly known as Dutch wax common in West Africa and [...]

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