African Billionaires — Billionaires Africa — Egypt — Egyptian billionaire — Hisham Talaat Moustafa — Middle East
Egyptian billionaire Hisham Talaat Moustafa’s TMG boosts Middle East presence with new investment in Iraq
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Dangote brings MTN Group CEO Ralph Mupita onto fertiliser board as IPO plans gather pace in Nigeria
Dangote Industries tapped MTN Group CEO Ralph Mupita for its fertiliser board as it moves toward expansion and a planned NGX listing.
Moroccan multimillionaire Chakib Alj looks to acquire struggling flour miller Forafric
Cap Holding boss Chakib Alj is in talks to seize control of debt-laden Forafric, raising prospects of a shake-up in Moroccan milling.
7 African billionaires who invested $100 million or more in Africa over the last two years
Africa’s richest investors are back in build mode, writing nine figure cheques for refineries, cement, power, AI infrastructure and gold.
Nigerian businessman Abdulaziz Yari’s Ma'am Energy set for $12 million Geregu Power dividend payout
Geregu Power’s N9 dividend hands Ma'am Energy a N17.325 billion payout, boosting Abdulaziz Yari’s profile in Nigeria’s power sector.
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Hassanein Hiridjee pushes Axian deeper into finance with VIA Assurance launch in Madagascar
Axian chief Hassanein Hiridjee has launched VIA Assurance in Madagascar, betting that simpler products and faster service can grow a thin insurance market.
Burkinabe tycoon Idrissa Nassa taps former Endeavour Mining chief to run Mansa Resources after Hummingbird takeover
Idrissa Nassa has hired former Endeavour Mining CEO Sebastien de Montessus to lead Mansa Resources and restart mines acquired from Hummingbird.
Strive Masiyiwa’s Cassava faces renewed debt scrutiny as Econet Zimbabwe plans to delist
Bondholders can’t touch Econet Zimbabwe’s cash, and now the telecom wants to leave the stock market, raising new questions about Cassava’s debts.
Vitafoam Nigeria, partly owned by Samuel Bolarinde, sees revenue jump to $20.8 million
Vitafoam Nigeria, partly owned by Samuel Bolarinde, posts $22.8 million revenue with net profit rising to $3.3 million.