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BlackRock

Adebayo Joins Africa’s Top 10 Billionaires After $800m BlackRock Windfall

Nigerian-born investment banker and infrastructure mogul Adebayo Ogunlesi has entered Africa’s top ten richest individuals after his net worth surged by $800 million in 2025, driven by gains in his stake in global asset management giant BlackRock. According to Billionaires.Africa, Ogunlesi’s fortune

August 13, 2025

BlackRock's iShares ETFs Worth $400m To Leave Nigeria, Kenya Amid Unfavorable Market Conditions

Africa·Business·News

BlackRock’s iShares ETFs Worth $400m To Leave Nigeria, Kenya Amid Unfavourable Market Conditions

BlackRock, one of the world’s largest asset managers, has announced plans to liquidate its iShares exchange-traded funds (ETFs) in Nigeria and Kenya, a decision impacting $400 million in assets. This move is attributed to unprofitable business environments in both countries. In a

June 14, 2024

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BlackRock

Adebayo Joins Africa’s Top 10 Billionaires After $800m BlackRock Windfall

BlackRock’s iShares ETFs Worth $400m To Leave Nigeria, Kenya Amid Unfavourable Market Conditions

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