Key Points Alami Lazraq’s fortune surged by MAD536.3 million ($54.44 million) in 12 days as ADI stock jumped 16.32% on the Casablanca bourse. Lazraq, controlling 51.7%...
Key Points Adrian Gore’s stake in Discovery has risen by $78.73 million, pushing its value closer to half a billion-dollar fortune in just 37 days. Discovery’s...
Key Points Orascom Construction to lead Phase One of Egypt’s Ras El Hekma mega project, in collaboration with Modon Holding. The Ras El Hekma project is...
Key Points Innscor Africa’s net profit surged 27.26% to $48.2 million for the fiscal year ending June 30, 2024, despite economic challenges. Total revenue increased by...
Key Points Palantir Technologies secures a $99.8 million contract with U.S. DEVCOM ARL to expand its Maven Smart System for AI integration in defense operations. The...
1 Key Point Nigerian AI startup raises $1.6 million in pre-seed funding to enhance African language speech recognition technology. Investment led by Microtraction with participation from...
5 Key Point Kenneth Frazier’s stake in Merck dropped $4.72 million, falling below $90 million. Merck & Co’s stock falls 5.03% on the NYSE, reducing its...
3 Key Point Moroccan pharmaceutical tycoon Lamia Tazi’s stake in Sothema has declined by MAD44.22 million ($4.50 million) over the past 27 days. Sothema’s shares have...
59 Key Points: Andre du Plessis sees his stake in Capitec Bank surge by $24 million in 22 days, now valued at $129.16 million. Capitec Bank’s...
2 Key Points: South African billionaire Christo Wiese sees his Shoprite stake jump $153 million in a week, pushing it back above $1 billion. The retailer’s...