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Investor Memo — Exclusive

Investor Memo: Mounir Nakhla and MNT-Halan — What Stays Private

Mounir Nakhla plans to float only MNT-Halan's Egyptian arm in Cairo, at up to $1 billion — and keep its faster-growing Turkish, Pakistani and Gulf businesses in private hands, inside a group valued at $1.4 billion in June. The interesting part of the IPO is what he is holding back.

,   and  Mfonobong Nsehe
5 min read
Investor Memo: Mounir Nakhla and MNT-Halan — What Stays Private

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African Wealth Briefing — Mon., Aug. 10, 2026

Egypt's MNT-Halan will list only its Egyptian arm, at up to $1 billion, keeping its Turkish, Pakistani and Gulf businesses private. And Julius Rone is targeting September for the go-ahead on Nigeria's first floating LNG plant — built to capture gas the country has spent decades burning off.

,   and  Mfonobong Nsehe
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