
Egyptian billionaire Yasseen Mansour, Ahmed El-Sewedy donate $5.9 million to build Cairo monorail
Egypt’s first monorail, worth $4.5 billion, will be finished by 2023.
Egypt’s first monorail, worth $4.5 billion, will be finished by 2023.
Sothema produces more than 60 million units of pharmaceuticals every year.
The family remains one of the country’s wealthiest investors.
The center’s launch comes nearly one month after Elumelu opened a new UBA branch in Dubai.
The restaurant chain will open in New York in a bid to uproot the fast-food industry.
The billionaire has recorded an impressive $149-million surge in the value of his stake in the past 16 days.
Despite the drop in his net worth, Al Fayed still ranks as one of Africa’s wealthiest billionaires.
The wealthy Ghabbour family owns 62.9 percent of the leading automaker.
It is the single largest donation to a philanthropic cause made by a Nigerian businessman.
Oriental Weavers operates under the leadership of Egyptian businesswoman Yasmine Mohamed Farid Khamis.
It is unclear how much of the 59.22 percent stake held by Orascom Financial Holding, a firm led by the billionaire Sawiris family, was acquired during the transaction.
Dangote’s net worth has dropped from nearly $20 billion to just $19 billion in the past 24 hours.
Seplat Energy is an independent oil and gas company.
Datatec is a South African ICT services provider.
Chimphondah is known for his successful business turnarounds.
Oppenheimer remains one of Africa’s richest billionaires and South Africa’s second wealthiest person.