African Billionaires — Billionaires Africa — Egypt — Egyptian billionaire — Hisham Talaat Moustafa — Middle East
Egyptian billionaire Hisham Talaat Moustafa’s TMG boosts Middle East presence with new investment in Iraq
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Africa’s self-made billionaires, rising from humble roots, are reshaping economies and pioneering industries from telecoms to energy and manufacturing.
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Christo Wiese’s Shoprite stake jumps $97 million
His stake in the company has surged by over $97 million, driven by a strong rally in Shoprite’s shares on the Johannesburg Stock Exchange (JSE).
Zimbabwean billionaire Strive Masiyiwa sells $1.1 million in Netflix shares
Strive Masiyiwa sells $1.1 million in Netflix shares as he backs Africa’s first AI factory with NVIDIA.
Oando, led by Wale Tinubu, wraps up pipeline repairs after spills
To prevent further incidents, Oando has initiated the sectional replacement of aging pipelines.
Samih Sawiris’ Orascom Development Egypt posts Q1 revenue of $127 million
Orascom Development Egypt posted $126.8 million in Q1 revenue, driven by hotels and land sales, despite a dip in real estate bookings.