The gains were due to a rise in the share price of Compagnie Financiere Richemont and Distell Group.
The founder of Egypt’s Bahgat Group passed away after a protracted battle with an unspecified illness.
Its market value has climbed 35 percent in under two months.
The combined company will produce about 1.5 million ounces of gold per year across West Africa.
It will invest at least $300 million in building a new plant and a 15,000-hectare sugarcane plantation.
The surge follows a rise in the company's shares on the Nairobi Stock Exchange.
Egyptian billionaire Mohammed Mansour has invested $120 million for a controlling stake in the organization.
The company will leverage iDiski’s wider reach within the South African market.
CalBank is a leading commercial bank in Ghana.
The value of his shares has increased by 183.05 percent since the start of the year.