Egyptian steel magnate Ahmed Ezz’s stake in Ezz Steel rises by over $100 million
In just two weeks, the Egyptian steel magnate has seen his stake in the steel giant appreciate by over $100 million amid soaring investor confidence.
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Egyptian billionaire Yasseen Mansour’s Palm Hills approves $212.3-million loan for Badya project
Badya, Palm Hills Developments' flagship smart city, leads the way in innovative property development in the MENA region.
Moroccan pharma tycoon Lamia Tazi faces $3.35 million loss as Sothema shares dip
Lamia Tazi’s stake in Sothema dips below $65 million as shares slide
Moroccan real estate mogul Alami Lazraq’s ADI stake nears $400 million
Real estate mogul Alami Lazraq’s wealth climbs amid soaring ADI shares.
Egyptian billionaire Yasseen Mansour invests $10.4 million in Egypt’s education sector
Egyptian billionaire Yasseen Mansour increases stake in Taaleem Management Services with $10.4 million share purchase.
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Kenyan tycoon Peter Ndegwa-led Safaricom secures second $116 million sustainability-linked loan
This follows a similar loan obtained last year, bringing the total to Ksh30 billion ($232.2 million).
Nigerian business mogul Theophilus Danjuma donates $605,460 to Maiduguri flood victims
Nigerian billionaire Theophilus Danjuma has donated ($605,460) to aid Maiduguri flood victims, providing essential support for recovery efforts in Borno State.
Nigerian billionaire Femi Otedola’s stake in FBN Holdings tops $84 million after latest purchase
Otedola’s recent acquisition solidifies his position as the largest shareholder in the parent company of First Bank of Nigeria, raising the market value of his stake to $84.2 million.
Hassanein Hiridjee’s AXIAN Group completes stake acquisition in Ivorian insurance startup
The acquisition, finalized in mid-July 2024, positions AXIAN as WiASSUR’s second-largest shareholder and grants the conglomerate a governance role.