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Nigerian billionaire Arthur Eze’s Atlas Oranto expands into South America
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Nigeria's Adebayo Ogunlesi joins Forbes billionaires list with $1.7-billion fortune
Adebayo Ogunlesi joins Africa’s billionaire ranks, propelled by a $12.5-billion BlackRock deal.
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Egyptian businessman Mohammed Elsewedy's stake in electric giant exceeds $770 million
Elsewedy, who serves as the company's vice president, holds a 17.76-percent stake —equivalent to 385.6 million ordinary shares.
Egyptian billionaire Yasseen Mansour’s Palm Hills to increase stake in Macor Hotels
Palm Hills, which already owns 60.3 percent of Macor Hotels, will raise its ownership to 69.8 percent by acquiring a 9.5-percent stake.
Vista Equity, led by America’s second-richest Black person, aims to finalize $5.6-billion acquisition of PowerSchool
The deal reflects the growing demand for cloud-based education software and reinforces Vista’s commitment to enhancing student-driven technological innovations with a strategic focus in the education sector.
NCBA, backed by Kenya’s richest families, partners with fintech firm to boost African remittances
The collaboration aims to make money transfers faster, safer, and more affordable.