
Egyptian steel tycoon Ahmed Ezz makes over $37 million from Ezz steel stake
With an output surpassing 5 million metric tonnes each year, Ezz Steel continues to outperform regional rivals like Saudi Arabia's Hadeed and Emirates Steel.


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South African billionaire Michiel Le Roux gains $166.76 million as Capitec shares climb
This latest increase builds on an earlier gain of $185 million between Jan. 28 and Feb. 10, when his stake climbed from $2.08 billion to $2.27 billion.

Ghanaian logistics tycoon Daniel McKorley’s firm seeks $445 million for salt expansion
Electrochem Ghana will use the funds to complete engineering, automate infrastructure, and build key facilities like pumps, pipelines, and a jetty for bulk exports.

Egyptian brothers Ahmed, Sadek El-Sewedy see $128 million surge in Elsewedy Electric
The brothers’ combined stake in the company is now valued at nearly $1.8 billion, a testament to their deep influence in the industry.

George Foreman, boxing legend and successful entrepreneur, passes away at 76
The Texas-born boxing legend died peacefully at a Houston hospital on Mar. 21, 2025, surrounded by loved ones.