Allan Gray News

Naspers has for years scoured the world looking for another early stage technology company that will eventually replicate the success of Tencent, in which it invested $32 million 16 years ago. Credit: Brent Lewin/Bloomberg

Africa's most valuable company looks to replicate its 400,000% return investment in Tencent (Infographic)

Chairman Koos Bekker countered criticism Naspers Ltd. relies too heavily on its $132 billion stake in Chinese media company Tencent Holdings Ltd. by reminding investors that they would have been a lot poorer if he’d given in to similar pressure to sell the holding years ago.

Bob van Dijk, CEO, Naspers

Africa's most valuable company Naspers worth less than what it owns (Infographics)

Fifteen years ago, a South African media company invested $34 million in an obscure Chinese Internet developer. Today that stake is worth $88 billion.

Nhlanhla Nene, South Africa's former Minister of Finance

South Africa's former Minister of Finance Nhlanhla Nene appointed as Advisor at Thebe Investment

Former finance minister Nhlanhla Nene has been appointed as an advisor at Thebe Investment Corporation to help roll-out the firm’s growth plan, his second private sector job in a week.

Now is the time to buy Sub-Saharan African stocks

Now is the time to buy Sub-Saharan African stocks

With the exception of South Africa, public equities in sub-Saharan Africa are generally cheap.

Africa's Richest 2014 Visualization

Africa's Richest 2014 (Visualization)

Visualization of Africa’s Richest 55. Data courtesy of Ventures Africa. Sort and filter by Net Worth (US $). Filter by Number of Jobs Created, Country of Citizenship, Industry, Age, and Gender.

Aliko Dangote, Chairman, Dangote Group

Nigeria's Aliko Dangote and Mike Adenuga top Venture Africa's list of Africa's richest

Ventures Africa just released its 2014 list of the richest individuals in Africa. The usual suspect, Nigeria‘s Aliko Dangote, tops the list with a net worth of $25.7B.