Hisham Talaat Moustafa’s stake in TMG Holding declines by $105.5 million
This decline follows a previous gain of $89.6 million recorded between Sept. 16 and 29, when Moustafa’s stake rose from $1.25 billion to $1.33 billion.
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Burkina Faso’s Idrissa Nassa rebrands TotalEnergies unit as Barka Energies in landmark acquisition
Idrissa Nassa’s Coris Invest Group has rebranded TotalEnergies Burkina as Barka Energies, turning a global asset into a fully Burkinabè fuel operator.
Kenyan businessman Rasik Kantaria almost $900 million richer in 2025
Kenyan businessman Rasik Kantaria adds nearly $900 million to his fortune as FMB Capital shares soar over 500 percent in 2025.
Congolese Rawji family’s CIMKO to invest $300 million in DR Congo cement
CIMKO, partly owned by the Congolese Rawji family, plans a $300 million expansion to boost DR Congo cement output to 3 million tons.
Dubai ruler meets African billionaires as UAE courts deeper investment, energy and AI ties
Sheikh Mohammed bin Rashid told African business and philanthropic leaders the UAE sees the continent as a strategic partner for resilient, inclusive growth.