7 assets owned by Sudan’s wealthy Elnefeidi family
Controlled by Amin Bashir Elnefeidi, Elnefeidi Group is the largest family business in Sudan.
North Africa
Qatari dairy company acquires 15-percent stake in Egyptian tycoon Safwan Thabet’s Juhayna
Qatari dairy producer Baladna now owns 15-percent of Juhayna Food Industries, which is controlled by Thabet.
Nassef Sawiris-linked firm reduces stake in Portuguese club in compliance with UEFA regulations
Egyptian billionaire Nassef Sawiris is considered one of Europe’s wealthiest football club owners.
The 10 richest Moroccans on the Casablanca Stock Exchange
Billionaires.Africa presents its ranking of the 10 richest investors on the Casablanca Stock Exchange in 2023.
The 15 richest people on the Egyptian Exchange in 2023
Billionaires.Africa presents its ranking of the 15 richest investors on the Egyptian Stock Exchange in 2023.
Egyptian tycoon Mostafa Kandil’s SWVL regains compliance with Nasdaq’s audit committee requirements
SWVL Holdings Corp is a global provider of tech-enabled mass transit solutions.
Egyptian tycoon Medhat Khalil’s Raya Foods considers offers to boost capital by $11.3 million
Raya Foods is a subsidiary of Raya Holdings, the investment group founded by Khalil.
Egypt’s second-richest man Naguib Sawiris hits new milestone as net worth soars past $6 billion
Sawiris’ net worth has risen from $5.1 billion on Jan. 1 to an impressive $6.11 billion at the time of drafting this report.
Egyptian tycoon Hani Berzi’s Edita unveils $25.9-million investment plan to dominate regional market
Founded by Berzi in 1996, Edita is renowned as a market leader in Egypt’s flourishing packaged snack food market.
Egypt’s richest man Nassef Sawiris’ Aston Villa stake skyrockets by $13 million in 2023
As of the time of reporting, the market value of Sawiris’ holdings in Aston Villa has reached an impressive $147 million.
Egyptian tycoon Ahmed El-Sewedy’s fortune soars as stake in electric company approaches $1 billion
El-Sewedy, alongside his siblings Sadek and Mohammed, collectively owns 68 percent of the company.
Naguib Sawiris’ Orascom Investment delivers strong $3.5 million profit in Q1 2023
Orascom Investment Holding was established in 2011 under the leadership of Egyptian billionaire Naguib Sawiris
Egyptian billionaire Samih Sawiris plans major tourism investment in Saudi Arabia
Sawiris’ foray into the Saudi Arabian tourism market follows a series of successful ventures in other countries.
Egyptian disruptor Amr Abodraiaa leads startup to bold acquisition of Saudi company
Rology was founded in October 2017 by Egyptian entrepreneurs Amr AboDraiaa, Moaaz Hossam, Mahmoud Eldefrawy, and Bassam Khallaf.
Consortium comprising Egyptian tycoon Hassan Allam’s firm secures land for $10-billion project
Hassan Allam Holding, led by Allam and his brother Amr, is one of the largest privately held corporations in Egypt.
Egypt’s richest man Nassef Sawiris loses more than $67 million in 2023
Despite the decline in his net worth, Sawiris remains a prominent figure among African business leaders.