Alliances Developpement Immobiliere Ste SA’s shares have risen by 18 percent on the Casablanca Stock Exchange.
African billionaire
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Thungela’s listing follows the demerger of Anglo American’s thermal coal operations in South Africa.
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Greek multimillionaire John Coumantaros’ stake in Flour Mills of Nigeria gains $15.6 million in 158 days
The gains can be attributed to the company’s increased share price on the Nigeria Stock Exchange.
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The brothers are the largest individual shareholders in the bank with an ownership stake of 2.6 percent.
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Zimbabwean businessman John Thomas Moxon’s stake in Meikles gains $4.1 million in 152 days
Meikles has a diverse portfolio of investments in hospitality, retail, supermarkets and financial services.
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French tycoon Gilles Gobin acquires Ugandan oil and gas firm Kobil and Delta
by Ishioma Emiby Ishioma EmiRUBiS Energy has now officially launched into the Ugandan market.
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Moroccan billionaire Anas Sefrioui’s stake in Douja Promotion Groupe Addoha gains $61.2 million in 35 days
The uptick follows a rise in the company’s shares on the Casablanca Stock Exchange.
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The increase in the value of his shares took place over 23 days.
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Africa’s wealthiest man Aliko Dangote partners with German association to train youths in Nigeria
by Ishioma Emiby Ishioma EmiThe billionaire plans to replicate the youth empowerment initiative across Nigeria’s six geopolitical zones.
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Aspen is a global multinational pharmaceutical company.