7 businesses owned by Algerian agriculture tycoon Mohamed Laid Benamor
Algerian tycoon Mohamed Laid Benamor, head of Groupe Benamor, has built a vast business empire spanning agribusiness, real estate, energy, and more, playing a key role in Algeria's industrialization and economic growth.
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Kenya's top banker gains $3 million in three weeks from Equity Group investment
Over the past 20 days, the market value of his stake has increased by Ksh396.21 million ($3.07 million), fueled by a robust stock performance on the NSE.
Aradel Holdings sees $517 million market cap drop amid investor sell-off
The selloff coincides with Nigeria’s decision to reject Shell’s plan to offload its onshore oil assets to a consortium that includes Aradel, alongside ND Western and Waltersmith.
Nigerian Government approves Seplat’s $1.28 billion acquisition of ExxonMobil assets
Seplat Energy receives Nigerian Government approval for $1.28 billion purchase of ExxonMobil onshore assets.
UBA posts $320.9 million profit in 9M 2024
This growth was bolstered by improved fee income and robust foreign exchange earnings, highlighting UBA's adaptability in volatile markets.