Naguib Sawiris adds nearly $600 million to fortune, maintains spot among Africa’s richest
The Egyptian billionaire’s wealth growth is attributed to the performance of his diversified investment portfolio.
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IFC plans $40 million bet on Egyptian billionaire Naguib Sawiris’ Nile Sugar desert project
The IFC is considering a $40 million loan to Nile Sugar Company, owned by Naguib Sawiris, to expand sugar beet farming in Upper Egypt.
Hassan Allam's Egyptian construction giant powers up one of the world's largest solar parks with Chinese tech deal
Hassan Allam Holding has partnered with Sineng Electric to supply 249MW of central inverters to Egypt's 1.65GW Benban Solar Park in Aswan.
Billionaire Naguib Sawiris says Iran's attacks on the UAE are a war against freedom and progress
Egyptian billionaire Naguib Sawiris says Iran's attacks on the UAE go beyond military strikes and target freedom and a way of life.
Chakib Alj files to take control of Forafric Maroc in deal that reshapes Morocco's flour industry
Chakib Alj's Cap Holding has formally notified Morocco's Competition Council of its plan to acquire 68% of flour and pasta producer Forafric Maroc.
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Elon Musk's Tesla cleared to sell electricity to British homes and businesses
Tesla has been granted a licence to supply electricity to homes and businesses across Britain, marking Elon Musk's entry into the UK energy market.
Billionaire Zak Calisto's Karooooo crosses two million subscribers in South Africa with Cartrack
Cartrack has crossed two million active subscribers in South Africa, a milestone for billionaire Zak Calisto's global tracking giant.
Tycoon Salimo Abdula challenges young Mozambican entrepreneurs to trust themselves and keep going
Salimo Abdula told young entrepreneurs at the Nexus One launch that self-belief, relationships and persistence are non-negotiable.
Elon Musk eyes $1 trillion fortune as Forbes names him richest person in history
Forbes named Elon Musk the richest person in history at $839 billion, and analysts say the world's first trillionaire milestone could arrive this year.