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Reginald Mengi

Tanzanian Billionaire Media Mogul Reginald Mengi Dies At 75

Tanzanian billionaire media mogul Reginald Mengi has died at the age of 75. According to a report by Forbes Magazine, Mengi passed away during the early hours of Thursday at a hospital in Dubai, United Arab Emirates where he had been undergoing treatment for an undisclosed ailment. John Magufuli, the President of Tanzania sent a …

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Zimbabwean Billionaire Strive Masiyiwa Plans To Take Mascom Public

Zimbabwean billionaire Strive Masiyiwa has revealed that Econet Group, the Pan-African mobile telecoms company he founded and controls, will list Mascom, Botswana’s largest mobile operator, on the country’s stock exchange by October this year. According to a report by Forbes, Masiyiwa made the announcement Last Tuesday during a press conference in Gaborone. According to Masiyiwa, …

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Nigerian billionaire Igho Sanomi

Nigerian Billionaire Igho Sanomi Loses Private Jet, London Homes Over $3m Debt

Igho Sanomi, a Nigerian billionaire oil trader, is about to lose three apartments he owns in London to a Credit Suisse bank over a $3million debt. According to a report by Bloomberg, Sanomi, 43, was a guarantor for a credit facility extended to a subsidiary company of Taleveras Group, the multinational energy-trading firm he owns. …

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Zimbabwean Billionaire Strive Masiyiwa To Donate $600,000 To Cyclone Idai Victims

Zimbabwean billionaire and Telecoms entrepreneur Strive Masiyiwa has promised to donate at least $600 000 to help children orphaned by the devastating Cyclone Idai. Masiyiwa made the announcement in a Facebook post, while announcing a fundraising campaign launched by his children called Pledge Idai: #TheNextMile which aims to raise $200,000 in 45 days to help …

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