Dubai has emerged as a key hub for Africa’s affluent elite, offering a blend of financial advantages, luxury amenities, and strategic positioning that appeals to high-net-worth individuals (HNWIs) across the continent. This trend is reshaping the dynamics of wealth management, investment, and luxury consumption, with Dubai serving as both a financial hub and a lifestyle destination for Africa’s rich. Banking beyond borders: African institutions in Dubai A strategic shift is underway: Afri...| Business Empires – Africa
If you’ve ever tried googling “best ways to invest,” you’ve probably seen mutual funds and unit trusts pop up everywhere. But what exactly are they, and why do so many financial experts rave about them? The post Mutual funds and unit trusts explained: A beginner’s guide first appeared on Business Empires - Africa.| Business Empires – Africa
It’s 2025, and let’s be honest — life is expensive. Rent is up, food prices are crazy, and even your favourite street mutura has doubled in price. But while many are struggling just to survive, there’s a whole generation of young Kenyans quietly flipping the script. They’re hustling smart, not just hard — making their money work for them, building multiple income streams, and setting themselves up for financial freedom before they even hit 40. The truth is, we’re living in a tim...| Business Empires – Africa
On a March morning in 2023, television screens across Kenya flickered with images that would have once seemed unthinkable. Hundreds of people had invaded Northlands, the sprawling 11,000-acre ranch and planned mixed-use estate on Nairobi’s northeastern edge linked to the Kenyatta family. They cut down trees, looted livestock, and set fires as police stood by. The post The Kenyatta fortune: Land, banks, dairy, and the politics of wealth first appeared on Business Empires - Africa.| Business Empires – Africa
On a map of Africa at night, the highways don’t glow like they do in Europe or North America. But a closer look at the numbers shows a continent slowly laying down the asphalt arteries that move people, goods, and money. The post Top 10 African countries by paved roads (km) first appeared on Business Empires - Africa.| Business Empires – Africa
Investing isn’t just for Wall Street brokers in fancy suits. Today, thanks to technology, anyone in Africa with a smartphone and internet connection can invest in global stocks—from Apple and Amazon to Tesla and Microsoft. The dream of being a shareholder in the world’s biggest companies is no longer limited to investors in the U.S. or Europe. The post How to buy global stocks from Africa: A complete guide first appeared on Business Empires - Africa.| Business Empires – Africa
If we’re being honest, a lot of us grew up thinking a savings account was the ultimate money move. Your parents probably told you, “Put your money in the bank. That’s how you grow it.” The post Why your savings account is secretly making you poor first appeared on Business Empires - Africa.| Business Empires – Africa
Contrary to reports that DT Dobie has wound up after 76 years, the company did not shut down. What actually happened is that its business was folded into CFAO Motors Kenya as part of a restructuring that took effect on April 1, 2023. The post DT Dobie did not die, it’s now part of CFAO Motors Kenya first appeared on Business Empires - Africa.| Business Empires – Africa
In four decades, she has transformed from a Soweto teenager-turned-pop-star into a multi-layered entrepreneur, policy influencer, and philanthropist. Today, she controls a promotions company, a music label, a foundation with international partnerships, and diversified real assets. She has sat on corporate boards, learned from failed ventures, and become a vice-president of CISAC—the Paris-based confederation that sets rules for author royalties worldwide. The post How Yvonne Chaka Chaka tur...| Business Empires – Africa
So, you’ve been “investing,” but somehow your bank account is still gasping for air by mid-month. Maybe you bought some shares, joined a Sacco, or even put money in a Money Market Fund — yet nothing seems to be working. Here’s the hard truth: sometimes it’s not that you’re not investing… It’s that you’re investing wrong. And the worst part? You might not even realize it. In this article, we’re going to break down 4 sneaky investment mistakes that could be draining your w...| Business Empires – Africa
Insightful stories of business empires and entrepreneurs in Africa. | Family businesses, billionaires, entrepreneurs, startups and growth stories in Africa.| Business Empires - Africa | Insightful stories of business empires and entrep...
Since taking power from his father, King Hassan II, in 1999, Morocco's monarch, King Mohammed VI, has amassed billions of dollars in investments through the holding company Almada. The royal ranks among the wealthiest men in Africa, with his wealth estimated at more than $6 billion. The royal's holding company, Almada, has interests in renewable| Business Empires - Africa | Insightful stories of business empires and entrep...