Naguib Sawiris-led Orascom Financial Holding trims stake in Beltone to 59.22 percent
OFH sold 9 million shares at $0.15 per share, totaling $1.34 million.
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OFH sold 9 million shares at $0.15 per share, totaling $1.34 million.
Shali will personally own a 15-percent stake in the projects.
The refinery will have a capacity of 650,000 barrels per day.
Zenith Bank is a leading multinational financial service provider based in Nigeria.
This loss follows a $39.8-million increase in the market value of her stake between March 3 and July 7.
The bourse is Africa’s largest stock exchange and its most overvalued.
The wealthiest investors on the bourse are mostly prominent business families in Tunisia.
The richest Tanzanian investors on the bourse have amassed a total wealth of $81.77 million.
The Casablanca Stock Exchange is one of Africa’s top exchanges.
With a near $9-billion market capitalization, the Stock Exchange of Mauritius is one of Africa’s most vibrant.
The Nairobi Stock Exchange is the most vibrant bourse in the East African region.
For an economy with a GDP of $37.4 billion, the Ugandan bourse is one of the most undervalued.
Research is based on figures derived from investment agencies, annual reports and confirmations from capital market registrars.
Institutional investors continue to dominate the exchange
Although most wealthy Ghanaians shun their local bourse, some retain a portion of their portfolios on the exchange.
The Egyptian Exchange is the second-largest stock exchange in Africa.