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Comment: See WP:BLP. Statements, starting with the date of birth, need to be sourced or removed. Greenman (talk) 13:50, 17 January 2025 (UTC)
Xolane Ndhlovu (born 1986) is a South African businessman and entrepreneur.[1] He is the founder and Executive Chairman of DafriBank Digital LTD.[2]
Xolane Ndhlovu is a South African entrepreneur and fintech innovator, recognized as the founder and chairman of DafriBank Digital LTD, a digital-only bank focused on financial inclusion and digital banking solutions. He has gained attention in the fintech sector and cryptocurrency space, with his ventures receiving media coverage for their impact on Africa's financial landscape. Ndhlovu is also known for his philanthropic contributions, particularly in areas of community development and humanitarian aid.[3] (This Day Live, 2024).
Early Life and Education
editNdhlovu was born in 1986 to a Nigerian father and a South African mother. His childhood was spent in various countries in Sub-Saharan Africa before settling in South Africa in 2001..[4]
Career
editNdhlovu's early career was marked by involvement in gang activity, which led to his arrest and conviction for attempted murder and possession of a semi-automatic weapon.[5] During his time in prison, Ndhlovu began investing in start-up tech companies.[6]
After his release, Ndhlovu founded DafriBank Digital LTD, to address the challenges of financial accessibility across Africa.[7](The Sun Nigeria, 2024) He is also an investor in Crypto-exchange Binance and owns a stake in Royal IVY, a South African luxury brand.[8] (Tribune Nigeria, 2022).
Philanthropy
editNdhlovu has established the Ziggy's Foundation, which aims to promote education and eradicate poverty in Africa.[9] (This Daily Times, 2024). He has also established the UMEH Group Educational Fund to support students in South Africa, Nigeria, and Namibia.[10] (Pulse Nigeria, 2024). [11] (This Day Live, 2024).
Criticisms and Controversies
editNdhlovu's past involvement in gang activity has been a subject of controversy.[12] Some have questioned the legitimacy of his business ventures and the sources of his wealth.
References
edit- ^ "Entrepreneur Xolane Ndhlovu: "DafriBank PLC's digital banking model willallow Africa's population to access financial services digitally"". www.ibtimes.sg. October 31, 2020.
- ^ "Exclusive Interview with DafriGroup PLC's Chairman Xolane Ndhlovu".
- ^ https://www.thisdaylive.com/index.php/2024/11/04/how-xolane-ndhlovu-is-redefining-african-philanthropy– "How Xolane Ndhlovu is redefining African Philanthropy"/
- ^ "Biography of Xolane Ndhlovu: From zero to hero". October 15, 2021.
- ^ "Ndhlovu v Minister of Justice and Correctional Services and Others (038179/2022) [2024] ZAGPJHC 24 (17 January 2024)". www.saflii.org.
- ^ Okeke, Ifeoma (October 15, 2021). "How Xolane Ndhlovu rose from dishwasher to high-flying entrepreneur". Businessday NG.
- ^ https://thesun.ng/how-xolane-ndhlovu-chairman-of-dafribank-digital-is-leading-the-fintech-revolution– "How Xolane Ndhlovu, chairman of DafriBank Digital is leading the Fintech revolution"/
- ^ Adebayo, Segun (May 1, 2022). "To succeed as an entrepreneur, you must have aggressive drive for success — Xolane Ndhlovu".
- ^ Grace, Ihesiulo (November 4, 2024). "Xolane Ndhlovu: Tech Billionaire With Golden Heart".
- ^ https://www.pulse.ng/articles/lifestyle/food-and-travel/south-african-newest-black-billionaire-gifts-a-house-to-a-facebook-friend-2024102811094166281- "South African Newest Black Billionaire Gifts a House to a Facebook Friend."
- ^ "Xolane Ndhlovu once again Demonstrates his Commitment to Philanthropy – THISDAYLIVE". www.thisdaylive.com.
- ^ Kazooba, Lawrence (July 25, 2019). "Meet 33-year-old Gangster who left prison to build Sh132 billion empire".