Led by Egypt’s richest family, Orascom Construction sees profit drop 43.1 percent in Q1 2022
Led by Egyptian exec Pakinam Kafafi, TAQA Arabia acquires Rosetta Energy’s natural gas subsidiary
Led by Egyptian exec Karim Awad, EFG Hermes raises capital by $52.9 million
Led by Egyptian billionaire Sawiris family, Orascom Development reports $17.9 million in profit in Q1 2022
Egyptian tycoon Ahmed El Sewedy’s electric company launches Africa’s first busway dielectric system facility
Somali tycoon Abdirashid Duale’s Dahabshiil wins UK Global Good Governance award
U.S. billionaire Michael Bloomberg announces $242-million investment to deliver clean energy in Africa
Ethiopian billionaire Mohammed Al-Amoudi falls from world’s 367th to 406th richest man
Ethiopia’s richest man Mohammed Al-Amoudi has now lost over $1.9 billion in one year
Somali tycoon Abdirashid Duale, others raise $8 million to rebuild burned-out market
Kenyan businessman John Kimani receives $1.2 million in dividends from agro-allied firm, Kakuzi
Led by Kenyan banker James Mwangi, Equity Group invests $3.3 million in DRC subsidiary
Tanzania’s richest man Mohammed ‘Mo’ Dewji gives commencement speech at Georgetown University
Ugandan mogul Patrick Bitature, Vantage Capital at odds over $30-million property loan
Kenyan entrepreneur Peter Njonjo’s Twiga Foods injects $10-million into new farming venture
Nigeria’s richest woman Folorunsho Alakija completes $145-million office complex
Africa’s richest billionaire Aliko Dangote to raise $750 million to complete $19-billion refinery plant
Nigerian aviation mogul Allen Onyema donates $260,000 building to university
Cameroonian billionaire Paul Fokam’s Afriland First Bank eyes Chadian market
Nigerian banking tycoon Herbert Wigwe’s Access Holdings to acquire majority stake in First Guarantee Pension
South African billionaire Patrice Motsepe, wife join world leaders at 2022 WEF Annual Meeting in Davos, Switzerland
Education investment as a future focus
Billionaire Johann Rupert’s Richemont sees shares dive 14 percent on fears over China slowdown
Nicky Oppenheimer unseats Johann Rupert to become South Africa’s wealthiest billionaire
Patrice Motsepe beats out Strive Masiyiwa, reclaims title as Southern Africa’s richest Black businessman
Ethiopian tycoon Negusse Hailu recounts his experiences with EABSC
Meet Osinachi Ukomadu, an African tech entrepreneur revolutionizing logistics
Meet the South African woman who has created the world’s first ocean water distilled gin
African Judo Union President: ‘Businesses must support sport. It has the power to change the world.’
Meet Hamis Kiggundu, the 37-year-old entrepreneur who built a property empire in Uganda
Kiggundu is one of East Africa’s most revered young entrepreneurs and a real estate mogul of note.
Kiggundu presented the funds to Uganda’s newly appointed Prime Minister Robinah Nabbanja on Friday.
