South African billionaire Nicky Oppenheimer’s wealth surges by $1.43 billion in 2024
Oppenheimer’s net worth has risen from $9.85 billion at the start of the year to $11.3 billion, solidifying his place among the world’s wealthiest individuals.
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Naguib Sawiris adds nearly $600 million to fortune, maintains spot among Africa’s richest
The Egyptian billionaire’s wealth growth is attributed to the performance of his diversified investment portfolio.
Orascom Development gets $155 million loan to support green tourism in Egypt
The loan comprises two tranches—$96 million and $57.3 million—aimed at financing green upgrades and unlocking growth potential in El Gouna.
Anglo American sells steelmaking coal business for $4.9 billion
The sale includes a previously announced deal to sell its stake in the Jellinbah coal mine for $1.1 billion.