
Ahmed Ezz’s stake in Ezz Steel nears $840 million
Ezz Steel’s scale positions it as an industry leader, surpassing competitors like Saudi Arabia’s Hadeed and Emirates Steel.


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Noluthando Gosa-linked ArcelorMittal South Africa defers shutdown amid $91.6 million IDC facility
ArcelorMittal SA secures a $91.6 million IDC facility, delaying its Long Steel shutdown for six months as it navigates financial turmoil and explores long-term solutions.

CIC Group, linked to Kenyan tycoon Gideon Muriuki, unveils $5.6 million bonus issue
It underscores CIC Group’s commitment to enhancing superior shareholder value while strengthening liquidity and accessibility in the market.

LeBron James secures major Amazon deal, expanding his media empire
The partnership will make the series available on Amazon Prime Video, Amazon Music, Fire TV Channels, and Echo devices.

Aradel, led by Nigerian businessman Ladi Jadesimi, declares $62 million dividend
Aradel reports record earnings, raises dividends, and expands its asset base through strategic acquisitions, strengthening its position in Nigeria’s energy sector.