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The recent rally has driven Sam Darwish’s stake to nearly $50 million.
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Aliko Dangote, Zimbabwe sign $1 billion deal for 2,000km energy pipeline
The deal covers a new fertilizer plant and a 2,000-kilometer pipeline running from Namibia’s Walvis Bay port, through Botswana, to Bulawayo, Zimbabwe’s second-largest city.
IFC proposes $15 million loan to Ayodele Aderinwale’s Justrite to accelerate expansion
IFC is considering a $15 million loan to Justrite to fund 25 new stores, boosting the Nigerian retailer’s nationwide expansion and supply-chain capacity.
Egyptian billionaire Yasseen Mansour’s Palm Hills stake tops $50 million again
Yasseen Mansour’s Palm Hills stake rises above $50 million as renewed demand on the EGX lifts the real estate developer’s share value.