Ahmed El-Sewedy loses $65 million as Elsewedy Electric shares fall 7.21 percent, reflecting investor caution in Egypt’s stock market.
News
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South African billionaire heirs build legacies in art, sport, and renewables, turning inherited wealth into impact across business and society.
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KEY POINTS Burkina Faso halts Gates-backed Target Malaria project. Genetically modified mosquito trials face local backlash. Suspension comes amid wider crackdown on NGOs. Burkina Faso’s military rulers have ordered the …
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Trump’s removal of Lisa Cook triggers a legal standoff as she vows to fight and markets brace for Fed uncertainty
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KEY POINTS Adebola Adegunwa promotes sustainability at Rite Foods. The company picked up 40 tons of plastic trash from Lagos. The cleanup drive further makes the brand stronger against competitors …
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Botswana declares a public health emergency as medicine shortages worsen, with hospitals and clinics running out of essential supplies
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Angola’s oil output decline drops production below 1 million barrels, pressuring revenue and prompting new foreign investments and potential IMF support
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The US suspended most visa services in Zimbabwe, citing government concerns and leaving students stranded amid the visa suspension in Zimbabwe.
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KEY POINTS Guterres says Africa can be a renewable superpower. He warns debt should not drown development. Leaders push for investment over foreign aid. United Nations Secretary-General Antonio Guterres has …
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Trafigura-led consortium nears $533 million U.S. loan to revamp Angola’s Lobito railway, aiming to boost copper and cobalt exports