Despite recent financial headwinds stemming from the Egyptian pound’s devaluation, the Khamis family remains among the country’s most affluent and prominent investors.
African Billionaires
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The endeavor aligns with O&L’s commitment to fostering sustainable solutions and contributing positively to societal and ecological welfare.
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Equity Group led by Kenyan banker James Mwangi to reward shareholders with $114.4-million dividend
With Mwangi at the helm, the conglomerate remains on course for sustainable expansion and prosperity within the African financial sector.
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The recent uptrend in Jubilee shares has boosted the market value of Aga Khan’s stake in the insurer by Ksh481.15 million ($3.63 …
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After a brief rise in February-March, his stake in Shoprite has declined by more than $60 million, dipping below $900 million.
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Bank tied to Ghana’s leading investor Daniel Ofori unveils $45-million rights issue to boost capital
Ghanaian tycoon Daniel Ofori owns 3.9 percent of CalBank. The bank plans to bolster its finances with a rights offering.
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The $1.1-billion plunge in Rupert’s fortune — averaging a daily loss of $73.33 million since March 14 — is directly linked to …
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Throughout 2023, Orascom Construction expanded its footprint by securing quality, internationally funded projects in Egypt and diversifying its presence in the UAE.
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This surge is attributed to the strong performance of his diverse investment portfolio and a recent strengthening of the Nigerian naira against …
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The company’s decision to reward its unit holders comes after declaring its first distribution from its development Reits, marking a significant increase …