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Egypt's Palm Hills aims to invest $242m in 2022

Palm Hills, the second largest real estate company listed on the Egyptian Stock Exchange, aims to invest EGP3.8 billion ($242 million) during 2022, the company’s chairman said in an interview to Asharq TV. For 2021 the company projected an investment of EGP2.5 billion expected this year. Yasseen Mansour revealed that he expects sales of around EGP170 billion from the Badya

Cairo , Al-qahirah , Egypt , Alexandria , Al-iskandariyah , Egyptian , El-sukhna , Yasseen-mansour , Egyptian-stock-exchange , Palm-hills , West-cairo , Ain-el-sukhna

Billionaires' Club: Top 20 richest people in Africa [Update]

Billionaires' Club: Top 20 richest people in Africa [Update]
pulse.ng - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pulse.ng Daily Mail and Mail on Sunday newspapers.

De-beers , Free-state , South-africa , Benin , Nigeria , Egypt , Algeria , Morocco , Zimbabwe , Ghana , Tanzania , Switzerland

Billionaires' Club: Top 20 richest people in Africa [Update]

Billionaires' Club: Top 20 richest people in Africa [Update]
pulse.com.gh - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pulse.com.gh Daily Mail and Mail on Sunday newspapers.

De-beers , Free-state , South-africa , Benin , Nigeria , Egypt , Algeria , Morocco , Zimbabwe , Ghana , Tanzania , Switzerland

Africa's Billionaires: List of Top 18 richest people in Africa emerge; no Ghanai… – Ghana Visions

Africa's Billionaires: List of Top 18 richest people in Africa emerge; no Ghanai… – Ghana Visions
ghanavisions.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ghanavisions.com Daily Mail and Mail on Sunday newspapers.

De-beers , Free-state , South-africa , Benin , United-states , Nigeria , Egypt , Algeria , Morocco , Zimbabwe , Ghana , Tanzania

Billionaires list: Dangote, Adenuga, Rabiu's wealth rises by $5.7bn


Punch Newspapers
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Femi Asu
Published 4:36 am
The combined net worth of three of Nigeria’s richest persons increased by $5.7bn in one year to $22.5bn, according to Forbes’ 2021 World’s Billionaires list.
The list, which was released on Tuesday, includes 14 African billionaires, with the President/Chief Executive of Dangote Group, Aliko Dangote, leading the pack.
Dangote, Africa’s richest person, saw his net worth jump to $11.5bn from $8.3bn in 2020, making him the 191st wealthiest person in the world.
The Chairman of Globacom and Conoil Plc, Dr Mike Adenuga, who is Nigeria’s second richest person and the fifth on the continent, was ranked 440th as his fortune rose to $6.1bn from $5.6bn last year.

Nigeria , United-states , Hong-kong , Egypt , Algeria , China , South-africa , Macao , Macau-general , Macau , Algerian , Egyptians

Breaking News | Breaking News Dangote, Adenuga, Rabiu retain position on Forbes billionaires list as combined wealth rises by $5.7bn

Breaking News | Breaking News Dangote, Adenuga, Rabiu retain position on Forbes billionaires list as combined wealth rises by $5.7bn
thestreetjournal.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestreetjournal.org Daily Mail and Mail on Sunday newspapers.

Nigeria , United-states , Hong-kong , Egypt , Algeria , China , South-africa , Macao , Macau-general , Macau , Algerian , Egyptians

Govt Tracks Down Kenya's Secret Billionaires


Govt Tracks Down Kenya's Secret Billionaires
President Uhuru Kenyatta with KRA Director General James Mburu at a past event
PSCU
The government has put pressure on Kenyan companies to disclose their secret investors and shareholders.
The new regulation has made it mandatory for wealthy individuals who own more than 10 percent shares of registered companies to disclose their information.
KRA, security agencies and the Financial Reporting Centre (FRC) will have access to KRA PINs, national ID or passport copies, postal addresses, residential addresses, occupations, telephone numbers and the date when the investors became beneficial owners of the said companies.
File image of Nairobi Securities Exchange Market

Nairobi , Nairobi-area , Kenya , South-africa , Nigeria , Egypt , Kenyan , Kenyans , Koos-bekker , Folorunso-alakija , Issad-rebrab , Yasseen-mansour

Africa's Richest 2021 - Forbes Africa


Forbes Africa
Published 2 months ago
By David Dawkins, Ariel Shapiro, Momina Khan, Jennifer Wang, Chase Peterson-Withorn and Kerry A. Dolan
In Africa—as elsewhere in the world—the wealthiest have come through the pandemic just fine. The continent’s 18 billionaires are worth an average $4.1 billion, 12% more than a year ago, driven in part by Nigeria’s surging stock market. For the tenth year in a row, Aliko Dangote of Nigeria is the continent’s richest person, worth $12.1 billion, up by $2 billion from last year’s list thanks to a roughly 30% rise in the share price of Dangote Cement, by far his most valuable asset. The second richest is Nassef Sawiris of Egypt, whose largest asset is a nearly 6% stake in sportswear maker Adidas. At number three: Nicky Oppenheimer of South Africa, who inherited a stake in diamond firm DeBeers and ran the company until 2012, when he sold his family’s 40% stake in DeBeers to mining giant AngloAmerican for $5.1 billion.

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Breaking News | Breaking News Dangote, Adenuga, Rabiu retain spots on Forbes Africa Billionaire list, as Alakija gets knocked off


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Aliko Dangote is retaining his number one position on Africa’s billionaire list for the 10th year running, posting a rating of $12 plus billion dollars, after a gain of about $2billion dollars.
According to the 2021 Forbes’ Africa Billionaires List released on Friday January 22, the president/CEO of Dangote Group is now worth $12.1 billion, up by $2 billion from last year’s list following a 30% rise in the share price of Dangote Cement.
This is despite the lockdown due to the covid-19 coronavirus pandemic and having lost about $900m about two weeks which saw him dropping to 114th position from 106th position of the wealthiest men in the world list.

South-africa , Nigeria , Egypt , Morocco , De-beers , Free-state , Nigerian , Nigerians , Koos-bekker , Issad-rebrab , Yasseen-mansour , Abdul-samad-rabiu