Orascom Construction Secures Backing for OCI Deal, Eyes Gulf Expansion
Orascom Construction, the engineering and construction arm of Egypt's wealthiest family, the Sawiris, has received shareholder approval to acquire a ...
Tag: Featured
Indian Father-Son Duo’s Stake in Mecure Industries Soars to $186 Million as Shares Skyrocket 239%
A remarkable surge in Mecure Industries' shares has catapulted the combined stake of Indian father-son duo, Samir and Arjun Udani, ...
Lakshmi Mittal Reopens Talks to Exit South Africa’s Struggling Steel Business
Lakshmi Mittal, the Indian billionaire who built ArcelorMittal into the world's largest steelmaker, is reconsidering his company's involvement in South ...
BlackRock Hits $14 Trillion in Assets, 2 Years After Acquiring Nigerian Billionaire Ogunlesi’s GIP
BlackRock Inc. has reached a milestone of $14 trillion in assets under management, just two years after acquiring Nigerian billionaire ...
Tanzanian Billionaire Edha Nahdi’s Amsons Group to Invest $201.7m in East Africa Portland Cement
Tanzanian billionaire Edha Nahdi's Amsons Group is set to inject $201.7 million into East Africa Portland Cement, aiming to quadruple ...
Nigeria’s National Grid Collapses, Millions Left in Darkness
Nigeria’s national electricity grid suffered a complete collapse on Friday, plunging major parts of the country into darkness for the ...
Shoprite Hits 100 Solar Sites, Boosting Green Energy and Seeking New Power Partners
Shoprite Holdings, Africa’s largest retailer and partly owned by South African billionaire Christo Wiese, has reached a major milestone: the ...
Ugandan Billionaire Sudhir Ruparelia Unveils Ambitious Kingdom Kampala Expansion
Ugandan property billionaire Sudhir Ruparelia has launched the next phase of his Kingdom Kampala complex, a 21-storey tower featuring a ...
Kenyan Billionaire Rasik Kantaria’s FMB Capital Stake Slips Below $1 Billion
Kenyan billionaire Rasik Kantaria's stake in FMB Capital Holdings Plc has fallen below the $1 billion mark, just weeks after ...
Karooooo’s Q3 Revenue Soars to $86.1 Million, Driven by Cartrack’s Strong Growth
South African billionaire Zak Calisto's Karooooo Ltd. has reported impressive growth in its third-quarter revenue, reaching $86.1 million. The company's ...
