Nassef Sawiris owns 28.97 percent of the multinational construction group, or 33,825,323 shares.
Tanzania’s richest man also received an honorary doctorate in humane letters.
Fokam is one of the richest men in Africa.
The government cited overriding national interests as one reason for rejecting the $1.58-billion deal.
Orascom Development offers a portfolio of world-class destinations around the world.
Njonjo and Grant Brooke founded Twiga Foods in 2013.
Ribet controls a significant 3.32-percent stake in the company worth $1.71 million.
Orjiako's stake in Seplat Energy is valued at $118.5 million.
Somoil is the largest privately-owned oil exploration company in Angola.
Tein Jack-Rich is the founder of Belemaoil Producing Limited.
