Naguib Sawiris adds nearly $600 million to fortune, maintains spot among Africa’s richest
The Egyptian billionaire’s wealth growth is attributed to the performance of his diversified investment portfolio.
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Hassan Allam’s leadership drives Egypt’s $1.1 billion Gulf of Suez wind farm project
Hassan Allam leads Egypt’s renewable energy transformation with a landmark wind farm project.
Sadek El-Sewedy gains $405 million from Elsewedy Electric despite currency devaluation
Sadek El-Sewedy’s stake could have seen a higher growth of $633.88 million if not for the 39.16 percent devaluation of the Egyptian pound.
Hassan Allam unit to build first international port terminal in Upper Egypt
The move underscores the deepening trade relationship between Egypt and the UAE.
CI Capital exits $23.6 million investment in Taaleem Management services
The divestment yielded an impressive four times return on invested equity, with an Internal Rate of Return (IRR) of approximately 50 percent.
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InfraCredit backs Nigeria’s green sukuk solar project with $12.5 million UK support
Shari’ah-compliant green finance initiative to power rural Nigeria with solar energy.
Meet the founders of Juicyway: transforming fintech and cross-border payments in Africa
Justin Ziegler and Ife Johnson are leading the charge in simplifying cross-border payments through innovation and financial inclusion.
Co-op Bank reports $100.1-million profit, joins MSCI Frontier Markets Index
Kenya’s Co-operative Bank achieves remarkable growth, boosts global visibility, and plans local expansion.
Sai Mart to rebrand Choppies Zimbabwe outlets in major retail expansion
Raj Modi’s Sai Mart to acquire Choppies Zimbabwe stores, reshaping the formal retail landscape.