Moroccan real estate magnate Alami Lazraq sees $17.4-million decline in ADI stake
Despite this setback, Lazraq remains a leading investor on the Casablanca bourse and is still recognized as a prominent Moroccan entrepreneur.
Despite this setback, Lazraq remains a leading investor on the Casablanca bourse and is still recognized as a prominent Moroccan entrepreneur.
This acquisition underscores CEO Fawn Weaver’s vision of establishing a diverse spirits conglomerate,
In a strategic move to solidify Fenty Beauty’s global dominance, Rihanna expanded the brand into China last month — her net worth sits at $1.4 billion according to Forbes
This significant upswing not only solidifies Moustafa’s status as one of the most influential investors on the EGX, but also elevates him to the ranks of Africa’s billionaires.
This has propelled him into the ranks of the world’s highest-paid athletes, according to the 2024 Forbes list.
The announcement came from Yasmine Khamis on the sidelines of the United Nations Global Compact Annual Forum hosted by the UNGCNE.
Pick ‘n Pay’s discount chain, Boxer, was a bright spot, delivering robust sales growth of 16.1 percent despite a challenging economic environment.
This increase follows earlier gains recorded between April 24 and April 30, when the market value of the family’s stake surged by R433.55 million ($23.05 million)
Founded in 2001 by Michiel Le Roux, Jannie Mouton, and Riaan Stassen, Capitec offers transactional banking services along with a suite of loan products
Despite this setback, Sue Nabi remains a pivotal figure in the beauty industry.
G-Unit Film & Television, 50 Cent’s production company, confirmed Netflix secured the rights after a bidding war among streaming services.
With banks offering limited options, companies like Dangote Sugar are turning to the fixed-income market for alternative financing.
Under Alain Nkontchou’s leadership, total comprehensive income surged significantly, rising from N7.06 billion ($15.54 million) to N448.72 billion ($123.76 million).
While the Khamis family’s stake has soared recently, investors seeking to emulate their success through Oriental Weavers shares should exercise caution.
Under Bella Disu’s leadership, Globacom has positioned itself as Nigeria’s largest provider of digital services.
The merger of Vivo Energy and Engen marks a significant development in the African energy sector.