Tag: King Mohammed VI

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Fund set up by Moroccan King Mohammed VI to rescue hotel chains in distress

The Mohammed VI Investment Fund aims to revive activity in Morocco’s tourism sector.

Morocco’s King Mohammed VI extends philanthropic activities in Ghana

His foundation has donated provisions to a polyclinic in Nima in Greater Accra.

Nigeria to commission $1.3-billion fertilizer plant with Morocco

The plant will facilitate fertilizer production using gas reserves, improve Nigerian agriculture and enhance bilateral trade between the countries.

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Egypt’s richest man Nassef Sawiris gains $150 million in 4 days

Sawiris’ net worth has surged by $150 million in just four days, translating to an average gain of $37.5 million per day since Sept. 26.

Kenyan billionaire Ndegwa family expands empire as NCBA, ICEA Lion pursue new deals

The Ndegwa family's latest endeavors build upon their previous strategic investments in the Kenyan financial sector.

5 companies owned by Tyra Banks

Banks owns companies in the beauty, TV production, and food sectors.

Africa’s first Black billionaire Patrice Motsepe faces $900-million loss in 2023

Despite this recent decline in his net worth, Motsepe retains his status as the wealthiest Black individual in Southern Africa.

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