See details as South African billionaire invests in Nigeria’s biggest beverage can maker

  • The son of a South African billionaire has acquired Nigeria’s can-maker, GZ Industries Ltd
  • With the deal carried out through a private equity firm, the billionaire family now has complete control of the company
  • The billionaire is making the deal at a time when some international companies are leaving the country

The family of South African billionaire Nicky Oppenheimer is set to expand their wealth after signing a new deal with Affirma Capital, a Private Equity firm.

The billionaire’s son, Jonathan Oppenheimer, took a bet on revival in Africa’s largest economy as it acquired complete control of Nigeria’s biggest beverage can-maker, GZ Industries Ltd.