Dangote Sugar Refinery has a refining capacity of 1.44 million metric tonnes.
Elumelu owns a sizable 6.96-percent stake in the banking group.
This is the latest comment by the Egyptian billionaire on the Russia-Ukraine crisis.
The ruling implies that the auction of Bitature's real estate empire can continue.
The news comes a week after Mediclinic rejected its acquisition bid.
Sophia Alj and Belkhayat co-founded Chari, a B2B e-commerce and fintech startup, in 2020.
Karanja founded the Kenyan brewer in 1997.
AVPA has catalyzed communities of response in Africa to support various COVID-19 efforts.
The recent forecast comes amid changing dynamics in developed economies.
Sawiris' stakes in Adidas and OCI N.V. are now worth $2.11 billion and $2.26 billion, respectively.