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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Multimillionaire tycoon Ravatomanga seeks relief after Madagascar freezes Sodiat accounts
Maminiaina Ravatomanga’s lawyers want Madagascar’s anti-graft court to allow limited payments after Sodiat-linked accounts were frozen in a laundering probe.
Moroccan real estate tycoon Alami Lazraq’s stake in ADI dips below $700 million
Alami Lazraq’s stake in ADI falls below $700 million as shares slide, highlighting pressure on Morocco’s property market.
Egyptian billionaire Hisham Talaat Moustafa unveils hospitality hub in Cairo
The new destination, branded “The Village,” officially opens this week and is designed to serve the rising number of residents moving into Celia.
Fidelis Ayebae's Fidson targets $14.4 million raise for pan-African expansion
Fidson Healthcare plans a $14.4 million rights issue to expand drug production and sales across Africa after a strong earnings surge.