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  • Karl Toko Ekambi Shines in Al-Ettifaq's King's Cup Victory | Xtrafrica

    Karl Toko Ekambi Shines in Al-Ettifaq's King's Cup Victory Prince Jean Sep 24, 2024 Facebook X (Twitter) WhatsApp Copy link Karl Toko Ekambi celebrates after scoring twice in Al-Ettifaq's 2-0 win over Al-Adalah in the King's Cup.Credit:gettyimages In a crucial King's Cup match last night, Karl Toko Ekambi delivered a standout performance, leading Al-Ettifaq to a 2-0 victory over Al-Adalah. Ekambi's contribution was decisive, as he scored both goals in the second half, sealing his team's place in the next round of the tournament. The match remained goalless at halftime, but Ekambi broke the deadlock in the 78th minute with a well-placed shot. As the game approached full time, Ekambi struck again during added time (90+4'), securing the win and underlining his importance to the squad. This performance builds on his already impressive record since joining Al-Ettifaq earlier this year, demonstrating his ability to step up in crucial moments. His contributions continue to inspire both teammates and fans as Al-Ettifaq look to advance deeper into the competition. Kenyan Federation Elections Sammy Owino Pledges to Eradicate Corruption in Kenyan Football English Premier League Amorim Calls for Bravery as Manchester United Prepares to Face Arsenal AFCON Build_Ups Uganda Allocates Shs350 Billion for CHAN 2025 Preparations English Premier League Ipswich Captain Faces Backlash After Declining Rainbow Armband Related Posts Sammy Owino Pledges to Eradicate Corruption in Kenyan Football Kenyan Federation Elections . Amorim Calls for Bravery as Manchester United Prepares to Face Arsenal English Premier League . Uganda Allocates Shs350 Billion for CHAN 2025 Preparations AFCON Build_Ups . Ipswich Captain Faces Backlash After Declining Rainbow Armband English Premier League .

  • Bruce Melodie Meets Rwanda’s Ambassador in Canada During Concert Tour | Xtrafrica

    Bruce Melodie Meets Rwanda’s Ambassador in Canada During Concert Tour Prince Jean Nov 28, 2024 Facebook X (Twitter) WhatsApp Copy link Bruce Melodie meets Rwanda’s Ambassador to Canada, Prosper Higiro, during his Canadian concert tour to promote Rwandan culture and talent internationally. Bruce Melodie, who has been in Canada for a series of concerts, met Rwanda’s Ambassador to Canada, Prosper Higiro, on November 27, 2024. The singer shared his excitement about the meeting on social media but did not disclose much about their discussions. Bruce Melodie wrote, “I am proud to represent Rwanda on an international stage by promoting its culture, talent, and diplomacy. Together, we continue to showcase the beauty and potential of our beloved country.” The artist began his concerts in October 2024 , starting with a show in Ottawa on October 26. The event was packed with attendees, mostly Rwandans living in Ottawa and nearby areas. Following Ottawa, Bruce Melodie performed in Montreal, Toronto, and Vancouver, making his Canadian tour a great success. Related Posts Alikiba Surpasses 200 Million Boomplay Streams, Joining Bongo Flava's Elite Read More Tanzania Afrobeat Celebrities Wizkid’s Morayo Makes Billboard 200 Debut with Emotional Tribute Read More Nigeria | African Music Ruger and Victony Set to Light Up Kigali’s BK Arena This December Read More Rwanda | African Music Bishop Mbonyintege Condemns Comedians Impersonating Clergy Read More Rwanda | Comedy

  • Asake Expresses Desire to Collaborate with Musical Inspiration Wizkid | Xtrafrica

    Asake Expresses Desire to Collaborate with Musical Inspiration Wizkid Prince Jean Aug 9, 2024 Facebook X (Twitter) WhatsApp Copy link Asake Reveals Wizkid as Key Musical Inspiration, Celebrates Collaboration on New Album 'Lungu Boy'. Credit:gettyimages Afrobeats sensation Ahmed Ololade, popularly known as Asake, has shared that Grammy-winning artist Wizkid is one of his primary musical inspirations. The revelation comes as the two Nigerian music stars collaborate on Asake’s recently released third studio album, Lungu Boy . Asake and Wizkid teamed up on the track "MMS," which is now available on all major digital streaming platforms. Reflecting on the collaboration, Asake expressed his admiration for Wizkid, stating, "It’s no secret that Wizkid is one of my musical inspirations. As a young, striving artist in Lagos, I’ve been waiting for the right opportunity. When it came, it was a no-brainer." He further explained the significance of the track, adding, "'MMS' stands for 'Mr Money Sound' and captures my musical journey." This collaboration is poised to attract significant attention in the Afrobeats scene, further solidifying Asake's rising influence in the industry. Related Posts Alikiba Surpasses 200 Million Boomplay Streams, Joining Bongo Flava's Elite Read More Tanzania Afrobeat Celebrities Wizkid’s Morayo Makes Billboard 200 Debut with Emotional Tribute Read More Nigeria | African Music Ruger and Victony Set to Light Up Kigali’s BK Arena This December Read More Rwanda | African Music Bishop Mbonyintege Condemns Comedians Impersonating Clergy Read More Rwanda | Comedy

  • Peter Okoye Responds to Brother Paul's Song Theft Accusation | Xtrafrica

    Peter Okoye Responds to Brother Paul's Song Theft Accusation Prince Jean Nov 10, 2024 Facebook X (Twitter) WhatsApp Copy link Peter Okoye, aka Mr P, addresses song theft allegations from twin brother Paul (Rudeboy), clarifying collaboration details on the song "Winning." Peter Okoye, known as Mr P and a former member of P-Square, has responded to accusations from his twin brother, Paul Okoye (Rudeboy), who recently claimed that Peter and their former producer, Vampire, had taken his song without permission. Rudeboy alleged that the track, titled “Winning,” was his work and was planned for release with his upcoming album. In response, Mr P clarified that “Winning” was co-written with songwriter Calypso60 and that he could not “steal” what he co-created. He thanked Vampire for clearing up the issue and emphasized the collaborative nature of the song. Peter posted on Instagram, stating, “Person no dey thief him own property! ‘Winning’ was written and composed by @calypso60music and myself, produced by @iam_vampire_official, and co-produced by @goldswarm. They all deserve credit.” He also requested to be allowed to focus on his music, asking for an end to the negativity. “ Winning ” is currently available on all music platforms. Related Posts Alikiba Surpasses 200 Million Boomplay Streams, Joining Bongo Flava's Elite Read More Tanzania Afrobeat Celebrities Wizkid’s Morayo Makes Billboard 200 Debut with Emotional Tribute Read More Nigeria | African Music Ruger and Victony Set to Light Up Kigali’s BK Arena This December Read More Rwanda | African Music Bishop Mbonyintege Condemns Comedians Impersonating Clergy Read More Rwanda | Comedy

  • Miss Rwanda Muheto Receives a Suspended Three-Month Sentence | Xtrafrica

    Miss Rwanda Muheto Receives a Suspended Three-Month Sentence Prince Jean Nov 6, 2024 Facebook X (Twitter) WhatsApp Copy link Miss Nshuti Muheto Divine, former Miss Rwanda 2022, exits the Kicukiro Primary Court after receiving a suspended three-month sentence and a fine for driving-related offenses. Credit:igihe The Kicukiro Primary Court has ruled that Miss Nshuti Muheto Divine, crowned Miss Rwanda in 2022, is guilty of driving under the influence and driving without a valid license, sentencing her to a suspended three-month jail term, suspended for a year. The court also ruled that Miss Muheto was not guilty of fleeing the scene following the accident, as alleged by the prosecution. Miss Muheto faced three charges: driving under the influence, driving without a valid license, and fleeing the scene after causing or contributing to an accident. The charges relate to an incident on the night of October 20, 2024, when she reportedly collided with a curb and an electric pole while under the influence of alcohol. The prosecution argued that she fled the scene after the crash and requested a sentence of one year and eight months. In her defense, Miss Muheto admitted to driving under the influence and driving without a license but denied fleeing the scene, stating that she moved about 100 meters away to avoid potential harm. The court reviewed the charges and applicable penalties. Under a 1987 law, driving under the influence can result in a sentence of up to two months, with her blood alcohol level reportedly exceeding the legal limit of 0.8%. Additionally, driving without a license carries a potential sentence of up to two months in jail or a fine of 10,000 Rwandan francs. The court found her guilty of both these offenses. Regarding the charge of fleeing, the court found no intent on her part to evade the scene. The court ruled that Miss Nshuti Muheto Divine is guilty on two of the three charges and imposed a suspended three-month sentence, effective for one year, along with a fine of 190,000 Rwandan francs. She was released immediately following the court’s decision. Related Posts Alikiba Surpasses 200 Million Boomplay Streams, Joining Bongo Flava's Elite Read More Tanzania Afrobeat Celebrities Wizkid’s Morayo Makes Billboard 200 Debut with Emotional Tribute Read More Nigeria | African Music Ruger and Victony Set to Light Up Kigali’s BK Arena This December Read More Rwanda | African Music Bishop Mbonyintege Condemns Comedians Impersonating Clergy Read More Rwanda | Comedy

  • Menzo on Path of Suriname, World Cup Goals, and Influence of Cruyff | Xtrafrica

    Menzo on Path of Suriname, World Cup Goals, and Influence of Cruyff Prince Jean Nov 1, 2024 Facebook X (Twitter) WhatsApp Copy link Stanley Menzo, head coach of Suriname's national team, aims for a historic World Cup qualification, bringing pride to his home country. Stanley Menzo, the former Dutch goalkeeper, has taken on a significant challenge by returning to Suriname, the country of his birth, to lead its national team toward a potential first-ever FIFA World Cup™ qualification. For a country with a population of only 630,000, qualifying would be a major accomplishment, on par with Iceland’s breakthrough in international football. Menzo’s squad has started strong, leading their group in Concacaf’s World Cup qualifiers with two wins. “If there’s a chance to reach the World Cup, it’s now,” Menzo says, noting that with host nations USA, Canada, and Mexico already qualified, Suriname has three additional spots in the region to compete for. Having left Suriname at the age of six, Menzo developed his playing style under the guidance of Johan Cruyff at Ajax, emphasizing possession and fluid play. However, he remains flexible, stating, “We want to dominate and play good football, but if that’s not possible, we’ll do what’s needed to win.” Since beginning his second term as Suriname’s coach in March 2024, Menzo has seen promising results, which he attributes to Suriname general manager Brian Tevreden, who helped bring him back to the national setup. Currently ranked 136th, Suriname recently held 43rd-placed Costa Rica to a 1-1 draw, marking notable progress. Menzo is eager for the challenge against Canada and its star players, like Alphonso Davies, as a way to assess the team’s growth. Menzo brings extensive experience, having made over 300 appearances for Ajax, winning European and domestic titles, and representing the Netherlands on the international stage. Known for his ball-playing ability as a goalkeeper, Menzo credits Cruyff for instilling in him the idea that a goalkeeper should play like an outfield player. Menzo’s career has also had difficult moments, as he faced racism from fans in the Netherlands, enduring insults and abuse from the stands. “My love for football kept me going,” he reflects, advising young players not to let negative experiences take away their passion for the game. Since retiring as a player in 2002, Menzo has stayed active in football, coaching in various countries. Reflecting on his coaching, he shares, “I love seeing an idea I have in my head come to life on the field.” Now, Menzo is focused on giving back to Suriname. With strong ties to the Netherlands, his team includes players born there who are eager to represent their heritage. Tevreden has played a crucial role in recruiting talent, with players drawn to Suriname’s progress and ambitions. For Menzo, leading Suriname to the World Cup would be deeply meaningful. “Suriname is a beautiful country, though times are hard. Football can bring pride here. Taking Suriname to the World Cup—that would be a dream come true,” he says, hinting that it could be the perfect conclusion to his long career. Kenyan Federation Elections Sammy Owino Pledges to Eradicate Corruption in Kenyan Football English Premier League Amorim Calls for Bravery as Manchester United Prepares to Face Arsenal AFCON Build_Ups Uganda Allocates Shs350 Billion for CHAN 2025 Preparations English Premier League Ipswich Captain Faces Backlash After Declining Rainbow Armband Related Posts Sammy Owino Pledges to Eradicate Corruption in Kenyan Football Kenyan Federation Elections . Amorim Calls for Bravery as Manchester United Prepares to Face Arsenal English Premier League . Uganda Allocates Shs350 Billion for CHAN 2025 Preparations AFCON Build_Ups . Ipswich Captain Faces Backlash After Declining Rainbow Armband English Premier League .

  • Fulham Boss Praises Iwobi as 'One of the Best' After Impressive Impact | Xtrafrica

    Fulham Boss Praises Iwobi as 'One of the Best' After Impressive Impact Prince Jean Nov 10, 2024 Facebook X (Twitter) WhatsApp Copy link Fulham manager Marco Silva praises Alex Iwobi's standout performances, emphasizing his impact on the team's progress this season. Credit:gettyimages Fulham manager Marco Silva has highlighted Alex Iwobi’s importance to the team’s progress this season. Following a 2-0 win against Crystal Palace on Saturday, Fulham moved up to eighth in the Premier League. Iwobi played a crucial role in the victory, assisting Harry Wilson's second goal. The Nigerian international has contributed two goals and two assists for Fulham this season. Speaking after the game, Silva expressed his appreciation for Iwobi’s performances. “Alex, for example, is being one of the best players so far this season, if not the best. From the first day of the pre-season, he’s been so, so brilliant,” Silva said. Silva also noted Wilson’s efforts, mentioning that he is competing well with other skilled players in the squad. Kenyan Federation Elections Sammy Owino Pledges to Eradicate Corruption in Kenyan Football English Premier League Amorim Calls for Bravery as Manchester United Prepares to Face Arsenal AFCON Build_Ups Uganda Allocates Shs350 Billion for CHAN 2025 Preparations English Premier League Ipswich Captain Faces Backlash After Declining Rainbow Armband Related Posts Sammy Owino Pledges to Eradicate Corruption in Kenyan Football Kenyan Federation Elections . Amorim Calls for Bravery as Manchester United Prepares to Face Arsenal English Premier League . Uganda Allocates Shs350 Billion for CHAN 2025 Preparations AFCON Build_Ups . Ipswich Captain Faces Backlash After Declining Rainbow Armband English Premier League .

  • This is What will happen to those who breach Eskom meter upgrade deadline | Xtrafrica

    This is What will happen to those who breach Eskom meter upgrade deadline Mbeki edmond Nov 28, 2024 Facebook X (Twitter) WhatsApp Copy link City Power, Johannesburg’s power utility, has extended its own conversion deadline Eskom has introduced a new deadline for customers with outdated prepaid electricity meters to switch to the KRN2 system. These "zero buyers," who either bypass payment systems or purchase electricity illegally, have until 13 December 2024 to comply or risk disconnection. Fines and other penalties will still apply for non-compliance, Eskom said. After the initial 24 November 2024 deadline, Eskom managed to convert around 400,000 zero buyers to paying customers. However, 1.7 million of the original 2.1 million non-vending meters remain unresolved. Eskom’s strategy aims to reduce illegal electricity use, tampering, and non-payment. While Eskom expects all zero buyers to comply by the new deadline, it has stated, “We hope that (by) the deadline, all the customers may at least have made their meters KRN2 compliant.” Beyond this date, Eskom will focus on enforcing penalties, addressing fines, replacing meters, and disconnecting non-compliant users. City Power, Johannesburg’s power utility, has extended its own conversion deadline to 31 May 2025 . Technically, KRN1 meters can still be updated to KRN2 if the necessary codes are available. Penalties and Costs Eskom is also targeting illegal power users with hefty fines to encourage them to switch to paying systems. The utility warns that tampered meters could result in a replacement cost of R12,000 . For illegal connections, fines of R6,000 are applied, and reconnection only occurs after these fines are paid. City Power has waived tampering penalties until 30 November to help customers reconnect quickly, while the City of Tshwane has introduced a R29,000 tamper fee for meters found operating illegally. Tshwane also allows customers to make payment agreements at customer care offices to resolve their status. The issue of unpaid electricity is a major financial burden, costing municipalities and Eskom over R2 billion per month , or R24 billion annually . Eskom CEO Dan Marokane emphasized the importance of these efforts, stating, “(This) in the interest of those who already pay for electricity, maintain the sustainability of Eskom to drive the economic growth of South Africa and reduce our burden on the taxpayer.” Business and Industry Thika Cloth Mills Boosts Kenya’s Cotton Industry . Banking and Finance Northern Senators debated Tax Reform Bills aimed at easing tax burdens, boosting local revenue . Samsung Galaxy Z Samsung's Galaxy Z Fold 6, Z Flip 6, Watch 7, Watch Ultra, Buds 3, and Buds 3 Pro Debut at Unpacked Event . Energy and Commodities This is What will happen to those who breach Eskom meter upgrade deadline . Related Posts Business and Industry Thika Cloth Mills Boosts Kenya’s Cotton Industry . Banking and Finance Northern Senators debated Tax Reform Bills aimed at easing tax burdens, boosting local revenue . Samsung Galaxy Z Samsung's Galaxy Z Fold 6, Z Flip 6, Watch 7, Watch Ultra, Buds 3, and Buds 3 Pro Debut at Unpacked Event . Energy and Commodities This is What will happen to those who breach Eskom meter upgrade deadline .

  • Rema Declares His Girlfriend Will Have His Child | Xtrafrica

    Rema Declares His Girlfriend Will Have His Child Prince Jean Jul 13, 2024 Facebook X (Twitter) WhatsApp Copy link Rema a sensetional artist Nigerian Afrobeats singer Divine Ikubor, popularly known as Rema, recently made headlines with a bold statement about his current girlfriend. The ‘Calm Down’ hitmaker declared that his girlfriend will be the mother of his child. Rema proudly boasted about his girlfriend's attributes, revealing that she has a tattoo dedicated to him and would do anything for him. In a post shared on his Instagram channel, Rema showcased the back view of his mystery lover, highlighting the tattoo of his recently launched brand logo. He captioned the image with: “My new girlfriend got a big *ss. She got a tattoo for me, she do anything for me. She will have my child, a child for a god. I’m a god.” Rema is rumored to be romantically involved with Justine Skye, who is known to be an ex-girlfriend of fellow Nigerian singer Wizkid. Speculation about their relationship intensified after the two were seen sharing an intimate moment at Skye’s birthday party, which was reportedly organized by Rema last year. Despite the circulating rumors, neither Rema nor Justine Skye has confirmed or denied their relationship status. Related Posts Alikiba Surpasses 200 Million Boomplay Streams, Joining Bongo Flava's Elite Read More Tanzania Afrobeat Celebrities Wizkid’s Morayo Makes Billboard 200 Debut with Emotional Tribute Read More Nigeria | African Music Ruger and Victony Set to Light Up Kigali’s BK Arena This December Read More Rwanda | African Music Bishop Mbonyintege Condemns Comedians Impersonating Clergy Read More Rwanda | Comedy

  • Former Mozambican Minister Found Guilty in Landmark $2 Billion 'Tuna Bond' Corruption Scandal | Xtrafrica

    Former Mozambican Minister Found Guilty in Landmark $2 Billion 'Tuna Bond' Corruption Scandal Griffith Sarah Aug 9, 2024 Facebook X (Twitter) WhatsApp Copy link Mozambican former finance minister Manuel Chang A US court has found Manuel Chang, a former Mozambican finance minister, guilty of his involvement in one of Africa’s most significant corruption scandals, often referred to as the "tuna bond" scandal. The conspiracy, which began over a decade ago, triggered Mozambique's worst economic crisis since gaining independence. Chang was convicted of accepting bribes through US banks in exchange for approving secret loans. These loans were ostensibly intended to fund a fleet of tuna fishing vessels and other projects. However, the funds were misappropriated, leaving Mozambique burdened with $2 billion in debt. Chang, who served as finance minister from 2005 to 2015, was arrested in South Africa in 2018 and extradited to the US in 2019 to face charges of fraud and money laundering. The Mozambican government had sought to have Chang tried on home soil, but the US courts proceeded with the case, ultimately finding him guilty. He now faces a potential 20-year prison sentence, although his lawyers have indicated plans to appeal the verdict. The case is widely regarded as one of the most significant corruption cases in Africa. The loans involved in the scandal were issued by Credit Suisse and the Russian bank VTB, with guarantees provided by the Mozambican government. Some of these loans were undisclosed, and Chang played a key role in approving them. During the trial, the court heard evidence that Chang accepted $7 million in bribes from the shipbuilding company Privinvest. However, his defense argued that there was no evidence Chang received any money and claimed the projects were authorized by then-President Armando Guebuza and other ministers. Assistant US Attorney Genny Ngai, in her closing arguments, emphasized that Chang was instrumental in the approval of the loans, stating, "He cared about money over his position." Three former Credit Suisse bankers had previously pleaded guilty to money laundering charges related to the "tuna bond" case, and in 2021, UK authorities fined the bank $178 million as part of a $475 million settlement with regulators in the UK, Switzerland, and the US. The fallout from the fraudulent deal has been severe, with millions of people in Mozambique being pushed into poverty and billions of dollars in economic growth lost. An independent audit, commissioned by the International Monetary Fund, revealed that around £500 million in funds had been siphoned off, and the whereabouts of this money remain unknown. Despite its wealth of natural resources, including large offshore gas reserves and ruby mines, Mozambique remains one of the poorest countries in Africa. The country’s economic growth in recent years has done little to alleviate widespread poverty. Breon Peace, the US attorney for the Eastern District of New York, called the verdict "an inspiring victory for justice and the people of Mozambique who were betrayed by the defendant, a corrupt, high-ranking government official whose greed and self-interest sold out one of the poorest countries in the world." Business and Industry Thika Cloth Mills Boosts Kenya’s Cotton Industry . Banking and Finance Northern Senators debated Tax Reform Bills aimed at easing tax burdens, boosting local revenue . Samsung Galaxy Z Samsung's Galaxy Z Fold 6, Z Flip 6, Watch 7, Watch Ultra, Buds 3, and Buds 3 Pro Debut at Unpacked Event . Energy and Commodities This is What will happen to those who breach Eskom meter upgrade deadline . Related Posts Business and Industry Thika Cloth Mills Boosts Kenya’s Cotton Industry . Banking and Finance Northern Senators debated Tax Reform Bills aimed at easing tax burdens, boosting local revenue . Samsung Galaxy Z Samsung's Galaxy Z Fold 6, Z Flip 6, Watch 7, Watch Ultra, Buds 3, and Buds 3 Pro Debut at Unpacked Event . Energy and Commodities This is What will happen to those who breach Eskom meter upgrade deadline .

  • Boniface Responds to €25,000 Fine and Match Ban: 'Billing Me Will Lead to Consequences' | Xtrafrica

    Boniface Responds to €25,000 Fine and Match Ban: 'Billing Me Will Lead to Consequences' Prince Jean Aug 23, 2024 Facebook X (Twitter) WhatsApp Copy link Victor Boniface Responds to €25,000 Fine and Match Ban for Unsportsmanlike Conduct. Credit:gettyimages Bayer Leverkusen forward Victor Boniface has issued a public statement following his suspension and €25,000 fine for unsportsmanlike behavior during the recent Super Cup match against VfB Stuttgart. The German Football Association (DFB) confirmed the disciplinary action, which includes a one-match ban. The incident occurred during post-match celebrations when Boniface was accused of making an obscene gesture by raising his middle finger toward Stuttgart players. In a message to his social media followers, Boniface urged fans to refrain from making any financial requests over the next three months, humorously warning, "If you bill me for the next three months, I might block you. Let’s all be guided." The fine, which amounts to approximately 44 million Nigerian Naira, has attracted attention across both sports and social media circles. Kenyan Federation Elections Sammy Owino Pledges to Eradicate Corruption in Kenyan Football English Premier League Amorim Calls for Bravery as Manchester United Prepares to Face Arsenal AFCON Build_Ups Uganda Allocates Shs350 Billion for CHAN 2025 Preparations English Premier League Ipswich Captain Faces Backlash After Declining Rainbow Armband Related Posts Sammy Owino Pledges to Eradicate Corruption in Kenyan Football Kenyan Federation Elections . Amorim Calls for Bravery as Manchester United Prepares to Face Arsenal English Premier League . Uganda Allocates Shs350 Billion for CHAN 2025 Preparations AFCON Build_Ups . Ipswich Captain Faces Backlash After Declining Rainbow Armband English Premier League .

  • South Africa's Johann Rupert Overtakes Aliko Dangote as Africa's Richest Man | Xtrafrica

    South Africa's Johann Rupert Overtakes Aliko Dangote as Africa's Richest Man Mbeki edmond Aug 28, 2024 Facebook X (Twitter) WhatsApp Copy link Johann Rupert, a South African billionaire, has surpassed Nigeria's Aliko Dangote to become the richest man in Africa Johann Rupert, a South African billionaire, has surpassed Nigeria's Aliko Dangote to become the richest man in Africa, according to the latest Bloomberg Billionaires Index. Rupert, the owner of Richemont, a global leader in luxury brands like Cartier and Montblanc, now holds a net worth of $14.3 billion. This marks a significant increase from $1.9 billion, pushing him to 147th place globally, 12 spots ahead of Dangote. Rupert's Luxury Empire Rupert's wealth is tied to his ownership of Richemont, which operates some of the world's most prestigious luxury brands. Headquartered in Switzerland, Richemont is a giant in the luxury goods industry, with a focus on jewelry, watches, and accessories. Rupert also has extensive investments through Remgro, a South African holding company with stakes in over 30 industries, including automobiles. His rise to the top of Africa's wealth list can be attributed to the continued global demand for luxury goods, despite economic uncertainties. Rupert inherited his fortune from his father, Anton Rupert, who started in the tobacco business before expanding into luxury brands. Johann Rupert studied economics at the University of Stellenbosch but left in 1984 to join his father's business. Over the years, he has grown the family fortune, diversifying into different sectors and building a global empire. Aliko Dangote's Decline Aliko Dangote, who had held the title of Africa's richest man for years, now ranks second with a net worth of $13.4 billion. Dangote’s wealth has taken a hit due to Nigeria's economic challenges, which have been exacerbated by a series of reforms under President Bola Tinubu. The removal of fuel subsidies, for instance, has led to rising prices, causing strain on businesses operating in Nigeria, including Dangote’s conglomerates. The heavy devaluation of the Nigerian Naira has also negatively impacted Dangote’s wealth. With most of his operations and assets based in Nigeria, the devaluation has significantly reduced the value of his fortune when converted to global currencies. Dangote’s business empire spans cement, sugar, and most recently, oil, with the launch of his new refinery in Lagos last year. Despite these challenges, Dangote, 66, had been named Africa's richest person by Forbes for 13 consecutive years prior to this latest shift by Bloomberg. Africa’s Wealth Landscape Rupert and Dangote are followed by Nicky Oppenheimer, another South African billionaire, with a net worth of $11.3 billion, and Egypt's Nassef Sawiris, worth $9 billion. These shifts underscore the dynamic nature of wealth distribution in Africa, as economic conditions and market fluctuations continue to reshape the continent's billionaire rankings. Johann Rupert, who resides in Cape Town, also owns properties in Geneva and London. He is known for his outspoken views on South African politics and his opposition to the former white minority rule. As Rupert's empire continues to grow, his wealth positions him as a significant figure not just in Africa, but on the global stage. Top 10 Richest People in the World (Bloomberg Ranking): Elon Musk - $236B - United States Bernard Arnault - $198B - France (Luxury Goods) Jeff Bezos - $197B - United States (Amazon) Mark Zuckerberg - $185B - United States (Facebook, Instagram) Bill Gates - $160B - United States (Microsoft) Larry Ellison - $153B - United States (Oracle) Larry Page - $149B - United States (Google/Alphabet) Warren Buffett - $145B - United States (Investments) Steve Ballmer - $144B - United States (Technology) Sergey Brin - $140B - United States (Google/Alphabet) Business and Industry Thika Cloth Mills Boosts Kenya’s Cotton Industry . Banking and Finance Northern Senators debated Tax Reform Bills aimed at easing tax burdens, boosting local revenue . Samsung Galaxy Z Samsung's Galaxy Z Fold 6, Z Flip 6, Watch 7, Watch Ultra, Buds 3, and Buds 3 Pro Debut at Unpacked Event . Energy and Commodities This is What will happen to those who breach Eskom meter upgrade deadline . Related Posts Business and Industry Thika Cloth Mills Boosts Kenya’s Cotton Industry . Banking and Finance Northern Senators debated Tax Reform Bills aimed at easing tax burdens, boosting local revenue . Samsung Galaxy Z Samsung's Galaxy Z Fold 6, Z Flip 6, Watch 7, Watch Ultra, Buds 3, and Buds 3 Pro Debut at Unpacked Event . Energy and Commodities This is What will happen to those who breach Eskom meter upgrade deadline .

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