CAF President, Patrice Motsepe’s net worth hits $3.4 billion
Patrice Motsepe, the South African billionaire businessman and president of the Confederation of African Football (CAF), has seen his net worth rise to $3.4 billion, according to real-time billionaire tracking by Forbes.
His net worth previously stood at $3.2 billion according to previous reports by Nairametrics.
Motsepe, 62, is the founder and executive chairman of African Rainbow Minerals (ARM), one of South Africa’s most influential mining companies.He made history in 2008 as the first Black African to appear on the Forbes billionaire list and remains one of the continent’s most prominent business figures. His wealth is largely derived from his diversified holdings in mining, financial services, and private equity.
What to know
The uptick in his fortune comes amid a flurry of restructuring activity within ARM’s joint venture Assmang, co-owned with South Africa-based Assore.
The company is undergoing a major operational shift following the decision to permanently close its Cato Ridge Works (CRW) manganese plant, which has been plagued by losses in recent years.
- The CRW facility, established in 1956, will shut down by August 31, 2025, resulting in the retrenchment of hundreds of workers. ARM said the site, along with adjacent land, will be remediated and redeveloped into a commercial and logistics hub, a long-term bet on infrastructure development in the region.
- As part of the transition, Assmang will sell selected CRW assets, including land, properties, and staff housing, to Assore SA PropCo, a subsidiary of Assore, for R453.23 million ($25.7 million). The deal was signed on June 27, 2025, by all relevant parties, including African Rainbow Minerals and Feralloys.
In a separate transaction, Assmang has also agreed to divest its 54.36% stake in Malaysia-based Sakura Ferroalloys to Assore. This transaction, expected to close in the coming months, will return R900 million ($51.1 million) in cash to African Rainbow Minerals, further strengthening its balance sheet.
More insight
Motsepe’s rise to billionaire status began in the 1990s when he purchased underperforming gold mine shafts during South Africa’s post-apartheid transition. By turning them profitable, he laid the foundation for ARM’s growth. In 1994, he also became the first Black partner at Johannesburg law firm Bowman Gilfillan before transitioning into mining full-time.
Beyond mining, Motsepe has extended his reach through African Rainbow Capital, a private equity firm he launched in 2016 to invest across African sectors. He also holds a stake in Sanlam, one of South Africa’s largest financial services firms.
In the sports world, Motsepe is both owner of the Mamelodi Sundowns Football Club and president of CAF, having assumed the continental football leadership role in March 2021. Under his watch, CAF has sought greater commercial partnerships and structural reform within African football.
Nigerian Gamer Verde Embarks on 48-Hour God of War Marathon to Raise Mental Health Awareness
A Nigerian physiologist and gamer is preparing for one of the most ambitious gaming marathons ever attempted. On July 27, Bolade Oghenevbayenrhe ‘Verde’ Bezi will embark on 48 straight hours of God of War gameplay in a bid to break the Guinness World Record, aiming to start a conversation about mental health in a country that sidelines it in public discourse.
Verde who hails from Delta State, Nigeria. Raised in Benin City,is a dedicated Clinical Physiologist with a degree in Physiology from the University of Benin who is Passionate about health and wellness, she has decided to channels her expertise and passion into helping others through her professional work. Beyond the clinic, Bolade is an avid reader, football fan, music enthusiast, and devoted gamer, finding joy in immersive stories and soulful tunes.
As her attempt goes on, the record-setting marathon is drawing attention not just for its length but for the message behind it.
Mental health is often overlooked, and I believe that using gaming can help bring attention to important issues like anxiety and depression.
— Verde
What’s the Record?
Verde will attempt to play God of War: Ragnarök continuously for 48 hours, aiming to break the Guinness World Record for the longest marathon in a hack‑and‑slash game. The current record stands at 24 hours, 25 minutes, set since November 9, 2017, by Germany’s Peer Bresser and Jimmie Smets.
The attempt, which began on July 25, 2025, will be streamed live from the media center of Samuel Ogbe Mudia Stadium.
Verde will become the first Nigerian woman to attempt this particular GWR category officially.
Why It Matters?
In a space often dismissed as escapist, Verde is showing that gaming can be more than entertainment. In Nigeria, where the gaming scene is still growing, female representation is minimal, and mental health is sidelined in policy, media, and everyday life, her attempt is a bold reminder that advocacy doesn’t always have to look like a protest or a conference.
By pushing herself through this intense marathon, she hopes to spark conversations around resilience, burnout, emotional wellness, and safe digital spaces.
Her campaign encourages gamers, students, and young professionals alike to reflect on how we rest, how we connect, and how we heal.
I’m working on my stamina through exercise, maintaining good sleep habits, and practicing long gaming sessions to prepare.
—Verde
When & How to Watch
Attempt starts: July 25, 2025.
Location: Media centre, Samuel Ogbemudia Stadium, Stadium road, Benin City, Edo State
Livestream link: [YouTube: Bezi Esports]
Follow her journey on Instagram and Twitter: [X: @boladebezi, Instagram: @boladebezi]
Nigeria’s Guinness World Record Trailblazers: From Jollof Rice to Global Feats
Though Guinness World Records has yet to confirm the outcome, the spectacle reflects a growing trend in Nigeria—turning local passion and creativity into global recognition through extraordinary feats.
From food to sports, arts, and entertainment, Nigerians have consistently stamped their names in Guinness World Records, transforming personal milestones into national pride.
While Baci’s latest attempt shines a spotlight on Nigeria’s vibrant culinary culture, other trailblazers have broken barriers in art, music, dance, literature, and sports.
Here are 10 remarkable Guinness World Records held by Nigerians:
- Kanyeyachukwu Tagbo-Okeke – Largest art canvas (2025)
At just 14, and living with autism, Kanyeyachukwu painted a canvas titled Impossibility is a Myth, covering 12,381.02 sqm, the largest ever by an individual. - Fola David-Tolaram – Largest drawing (2024)
Medical doctor and artist, Fola David, created a massive piece titled The Unity of Diversity over 1,004.7 sqm, at Lagos’ Mobolaji Johnson Arena. - Hilda Baci – Longest cooking marathon (2023)
Baci cooked for 93 hours 11 minutes, captivating international audiences. She was later surpassed by Irish chef Alan Fisher, who set a new mark at 119 hours 57 minutes. - Gbenga Ezekiel – Skipping feats (2022-2023)
From Akure, Gbenga set multiple rope-skipping records, including 278 skips on one leg in a minute and 144 double-unders in a minute. - Bayo Omoboriowo – Largest photo book (2021)
Official photographer to ex-President Buhari, Omoboriowo produced a 60 sqm photo book chronicling Nigeria’s political history. - Stephen Keshi – AFCON dual triumph (2013)
The late Super Eagles coach became the first African to win the Africa Cup of Nations both as a player and coach. - Adetunwase Adenle – Largest reading event (2011)
Teacher Adenle led 4,222 schoolchildren in a mass reading in Lagos, promoting literacy. - DJ Obi – Longest DJ set (2016)
Obi Ajuonuma, aka DJ Obi, performed a 240-hour nonstop DJ set in Lagos. - Kaffy – Longest dance party (2006)
Kafayat Shafau, known as Kaffy, led a 55-hour 40-minute dance marathon, showcasing stamina and rhythm. - Fela Kuti – Most studio albums (1992)
The Afrobeat legend recorded 46 solo studio albums between 1969 and 1992, cementing his legacy in music history.
Scottish Woman Exposed After Faking Pregnancy and Baby Birth
A 22-year-old woman from Airdrie, Scotland, has sparked outrage after allegedly faking a pregnancy and birth, deceiving family and friends into giving her hundreds of pounds worth of baby gifts.
Kira Cousins is accused of wearing a prosthetic baby bump and later posing with a lifelike “Reborn” doll she named Bonnie-Leigh Joyce. She even shared fake scan photos, a gender reveal party, and updates about hospital visits — claiming the baby had a heart defect.
Loved ones reportedly bought her baby items, including a £1,000 pram and car seat. However, the elaborate lie unravelled when Kira’s mother discovered the doll in her bedroom.
Screenshots later emerged showing Kira messaging the man she claimed was the baby’s father, saying the “baby had died.”
In a TikTok post, Kira admitted the truth, saying her family confronted her after finding the doll and that none of them had been aware of her deception.
Friends said they had grown suspicious when the “baby” never cried, and Kira refused to let anyone hold it.
One former friend described her as a “serial liar,” adding she had noticed Kira’s fake bump months earlier.
Kira Cousins has declined to comment further on the incident.