This is the latest comment by the Egyptian billionaire on the Russia-Ukraine crisis.
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Karanja founded the Kenyan brewer in 1997.
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The recent forecast comes amid changing dynamics in developed economies.
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Raya Holding is an Egyptian investment conglomerate.
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Rahmani, the head of Ennahar, had been on trial for violation of foreign exchange regulations.
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South African billionaire Patrice Motsepe looks to boost clean power generation sevenfold across Africa
The news comes a year after the his energy firm acquired a strategic 40-percent stake in SOLA Group.
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The news comes after the group signed a three-year wage agreement with its gold mine workers.
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Nigerian billionaire Abdul Samad Rabiu overtakes telecom mogul Mike Adenuga in Forbes ranking
Rabiu is now Africa’s fifth-richest man.
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Adenuga derives the majority of his wealth from his telecom company and his investments in the Nigerian oil industry.
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Shell to receive final bids from Nigerian mogul Tony Elumelu’s oil firm, others for $2.3-billion oil assets
The move comes nearly a year after the British energy giant announced plans to divest its interests in Nigeria.