Egyptian steel magnate Ahmed Ezz’s stake in Ezz Steel rises by over $100 million
In just two weeks, the Egyptian steel magnate has seen his stake in the steel giant appreciate by more than $100 million amid soaring investor confidence.
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Edita, led by Egyptian tycoon Hani Berzi, plans $84 million expansion
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Egyptian Ghabbour family takes $30 million hit on GB Corp stock
Egypt’s Ghabbour family sees $30 million wiped off the value of its GB Corp stake after a sharp share price drop on the Egyptian Exchange.
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Nigerian billionaire Abdul Samad Rabiu gives $20.7 million to long-serving employees
Abdul Samad Rabiu shares $20.7 million in cash rewards with long-serving BUA Group employees, reinforcing loyalty across the conglomerate.
Nigerian-Lebanese billionaire Gilbert Chagoury promotes ORCA’s mega-showroom as Lagos bets big on premium retail
Backed by ambassador Gilbert Chagoury, ORCA’s four-floor showroom opens in Eko Atlantic, bringing scale, jobs and confidence to Lagos’ premium retail market.
Elon Musk’s Starlink could soon reach South Africa
Starlink, Elon Musk’s satellite internet service, may soon expand to South Africa as the government eases foreign ownership rules.
Insider trading complaint surfaces after South African billionaire Jannie Mouton’s Curro buyout wins approval
South Africa’s regulator reviews suspicious Curro share trades after Jannie Mouton Foundation secured approval for a 7.2 billion rand buyout.