BEIJING, CHINA | Xinhua | U.S. President Donald Trump on Sunday called billionaire Elon Musk’s plans to form a new political party “ridiculous,” one day after Musk announced on social media the creation of a new “America Party.” U.S. media and observers have noted that the rift between Musk and …
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Lagos, Nigeria | THE INDEPENDENT & AGENCIES | Prateek Suri, the dynamic founder and CEO of Maser Group and MDR Investments, has officially joined Africa’s top 20 billionaires, with a net worth of $1.4 billion, according to the latest CEO Today Billionaire’s List: Africa’s Richest People in 2025. This prestigious …
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Kampala, Uganda | THE INDEPENDENT | At the close of the first quarter of 2025, Africa’s economic landscape continues to be shaped by bold entrepreneurship, strategic investments, and a growing focus on regional integration. Despite global economic headwinds and shifting trade dynamics, a select group of billionaires is not only …
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Omokolade Ajayi | BILLIONAIRES AFRICA | For an economy with a GDP of $37.4 billion, the Ugandan bourse is one of the most undervalued, with a marginal representation of local investors as high institutional ownership crowds them out of the market. Despite the fast growth of the local economy, the …
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Kampala, Uganda | THE INDEPENDENT | Buoyed by rising stock markets and commodity prices, Africa’s billionaires are collectively wealthier than a year ago. The 23 billionaires that Forbes found in Africa – up from 21 billionaires last year — are worth a combined $75.4 billion, compared to $70 billion in January …
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New York, United States | AFP | Microsoft co-founder Bill Gates once again topped the Forbes magazine list of the world’s more than 2,000 billionaires, while US President Donald Trump slipped more than 200 spots, the magazine said Monday. Gates, whose wealth is estimated at $86 billion, led the list …
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Paris, France | AFP | Donald Trump, the real estate mogul, reality TV star and US president-elect whose worth Forbes estimates at $3.7 billion, joins an ultra-elite group of billionaire business tycoons who have come to power through the ballot box. Other political leaders who first made fortunes in businesses …
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The Independent Uganda: You get the Truth we Pay the Price
