Egypt’s Ghabbour family faces $13.6 million loss in GB Corp shares
The Ghabbour family holds a 63.4 percent controlling stake in GB Corp., equivalent to 688,207,000 shares.
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Egyptian tycoon Hani Berzi sees $4.4 million loss in Edita Food shares
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Egyptian entrepreneur Omar Khairy confirms RIGA’s acquisition of new projects, investments in East Africa
This underscores the group's strategic shift to capitalize on the region's untapped opportunities and resources.
Orascom Construction consortium powers ahead with Egypt’s largest wind farm expansion
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El-Sewedy family’s Elsewedy Electric lands $60 million deal for Egypt’s textile transformation
The landmark deal will establish a state-of-the-art private free zone in Industria Sadat, spanning 50,000 square meters.
South African billionaire Jannie Mouton’s Capitec stake drops below $1 billion
This marks a reversal after his stake surged by over $300 million in 2024, reaching a peak valuation of $1 billion by the end of the year.
Mansa IP, co-founded by Senegal-based executives, aims to raise $300 million for African development in 2025
This is part of a larger $1.2 billion initiative to advance infrastructure development across the continent.
Life Healthcare to sell stake in Life Molecular Imaging to U.S. firm for $350 million
South African healthcare provider led by Victor Litlhakanyane to sell its stake in Life Molecular Imaging to U.S.-based Lantheus Holdings for R6.48 billion ($350 million).