The International Finance Corporation (IFC) is considering a $40 million investment in Nile Sugar Company, a sugar beet project owned by one of Egypt’s leading business families, as the country works ...

Aliko Dangote, the founder of Dangote Group, has retained his position as Africa’s richest man, as the combined wealth of the continent’s billionaires rose to $126.7 billion.

IFC plans a $40 million loan to Nile Sugar, owned by Naguib Sawiris’s group. Funds will support 5,760 hectares of sugar beet farming in Upper Egypt. The project aims to reduce Egypt’s reliance on ...

Africa’s richest individuals expanded their fortunes significantly over the past year, adding $20.3 billion in combined wealth ...

Retaining his position as Africa’s wealthiest citizen is Aliko Dangote. The Nigerian industrialist saw his estimated fortune swell by $4.6 billion to reach ...

Forbes release dia 2026 ranking of Africa richest pipo, and di numbers tell tori of rising stock markets, stabilising currencies and fortunes wey just dey go up.

See the full list of Africa's billionaires. Aliko Dangote remains the richest, as the continent's wealthiest add $20.3 ...

Located just 25 kilometres north of Hurghada and easily accessible from Hurghada International Airport, El Gouna was founded ...

Global sportswear giant Adidas is reportedly considering Egyptian billionaire Nassef Sawiris, co-owner and chairman of Aston Villa F.C., as the next chairman of the company, a move that could place ...

Today’s Forbes Daily newsletter also covers a surprising labor market boost, economic concerns about war with Iran, bitcoin's ...

German sportswear giant Adidas announced a significant restructuring of its top-tier leadership on Wednesday, nominating board member and Egyptian billionaire Nassef Sawiris as its next Chairman.

Egypt's richest man, Nassef Sawiris, is stepping down as executive chair of OCI Global, the company he has led for more than two decades and transformed into one of the world’s largest fertiliser ...