rahim6 news

South African pharma tycoon Stephen Saad’s Aspen to sell Asia-Pacific assets for $1.59 billion with rahim66

December 31, 2025

Aspen Pharmacare, Africa’s largest pharmaceutical company, led by South African pharma tycoon Stephen Saad, has agreed to sell most of its ...Read More

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Investment firm backed by Egypt's billionaire Sawiris family in talks to acquire Bugatti stake with rahim66

December 30, 2025

A Sawiris-backed investment firm and a new private equity player in the Gulf are in talks to buy Porsche’s stake in the company that owns t...Read More

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Inside the rise and fall of Mvelaphanda, the empire South African tycoon Tokyo Sexwale built with rahim66

December 30, 2025

A 300 year old wine farm on Cape Town’s northern edge is being sold again , and it carries the faint imprint of a vanished boardroom kingdo...Read More

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South African billionaire Saltzman family’s Dis-Chem stake tops $630 million with rahim66

December 30, 2025

South Africa’s Saltzman family, founders of pharmacy chain Dis-Chem Pharmacies, has seen the market value of their joint stake in the healt...Read More

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Ugandan investor Magan Patel risks 12-year jail term over wetland destruction with rahim66

December 30, 2025

Ugandan investor Magan Patel, the founder of the MMP Group, is under investigation after authorities accused his company of destroying a pr...Read More

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Nigerian statesman Abdulaziz Yari emerges as key figure in $750 million Geregu Power deal with rahim66

December 30, 2025

The $750 million transaction that reshaped ownership at Geregu Power has done more than alter a shareholder register. It has placed Abdulaz...Read More

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Sanlam, partly owned by Patrice Motsepe, invests $2.2 million in Moroccan startup with rahim66

December 29, 2025

Sanlam Maroc, a subsidiary of Sanlam Limited, Africa’s leading insurer partly owned by billionaire Patrice Motsepe, said it has taken an eq...Read More

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After Farouk Ahmed’s exit, NMDPRA says Dangote refinery petrol supply fell below target with rahim66

December 29, 2025

Nearly two weeks after Farouk Ahmed stepped down as chief executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authorit...Read More

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Inside Cyril Ramaphosa’s fortune: the McDonald’s deal, Mondi, Standard Bank ties, coal, telecoms and the trusts that followed with rahim66

December 28, 2025

Cyril Ramaphosa did not arrive at the Union Buildings as a politician who had only ever lived on party salaries. Long before he became Sout...Read More

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Credit Bank, led by Kenya’s Nyachae family, wins $35 million shareholder backing with rahim66

December 27, 2025

Credit Bank Plc, the Nairobi-based lender owned by the family of the late Kenyan politician and businessman Simeon Nyachae, has secured sha...Read More

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South African businessman Eric Diack leads AfriSam sale to West China Cement with rahim66

December 27, 2025

West China Cement Ltd. is seeking to acquire AfriSam South Africa (Pty) Ltd., a leading supplier of construction materials and technical so...Read More

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Le Creuset owner Paul van Zuydam becomes South Africa’s newest billionaire with rahim66

December 27, 2025

Paul van Zuydam never chased wealth for its own sake. His rise, like the cast-iron cookware that anchors his fortune, came slowly and with ...Read More

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Egyptian entrepreneur Mounir Nakhla’s MNT-Halan targets $5 billion financing book with rahim66

December 26, 2025

MNT-Halan, Egypt’s first fintech unicorn, founded by entrepreneur Mounir Nakhla, plans to grow its financing portfolio by about 40 percent ...Read More

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Malagasy tycoon Hassanein Hiridjee sees telecom as Africa’s AI backbone with rahim66

December 26, 2025

Malagasy tycoon Hassanein Hiridjee does not frame Africa’s artificial intelligence ambitions as a distant promise. In a recent interview wi...Read More

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Egyptian tycoon Abdallah Sallam's Madinet Masr signs $30 million deal for Sarai project with rahim66

December 26, 2025

Madinet Masr Housing and Development, the Egyptian real estate firm led by Abdallah Sallam, has signed a memorandum of understanding with F...Read More

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South African billionaire Koos Bekker raises $150.3 million from share sales with rahim66

December 24, 2025

South African billionaire Koos Bekker, chair of Prosus and Naspers, has sold shares worth nearly R2.5 billion ($150.3 million) over three t...Read More

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Inside the biggest billionaire donations in Africa in 2025 with rahim66

December 24, 2025

Africa’s billionaires spent 2025 writing unusually large checks, betting that private capital can plug gaps in education, health care and j...Read More

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Australian billionaire Andrew Forrest's Fortescue targets 2030 start for African iron ore exports as Gabon orders mining contract audit with rahim66

December 24, 2025

Fortescue says it wants to be shipping iron ore from Africa by 2030, a pledge that lands as Gabon prepares a sweeping review of mining deal...Read More

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James Mwangi-led Equity Bank gets $60 million AfDB trade finance guarantee with rahim66

December 24, 2025

Equity Bank Kenya , the flagship subsidiary of James Mwangi-led Equity Group, has secured a $60 million Trade Finance Transaction Guarantee...Read More

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ERC linked to Egyptian businessman Ahmed Heikal cuts $417 million debt, moves closer to dividends with rahim66

December 24, 2025

Egyptian Refining Company, a subsidiary of Qalaa Holdings, a leading investment holding founded by Egyptian businessman Ahmed Heikal, has c...Read More

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Cameroonian tycoon Paul Kammogne Fokam's Afriland seeks partners for Liberian business with rahim66

December 24, 2025

Afriland First Bank says it is looking for partners to strengthen its Liberian subsidiary, a move that could bring capital and expertise to...Read More

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Egyptian businessman Hani Berzi gains $27 million from Edita Foods shares with rahim66

December 23, 2025

Egyptian businessman Hani Berzi, a top figure in the country’s packaged food industry, has recorded a notable increase in his personal weal...Read More

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Nigerian banker Jim Ovia’s Zenith Bank stake hits $220 million with rahim66

December 22, 2025

Nigerian banker Jim Ovia has seen another boost the market value of his stake in Zenith Bank Plc, the country’s most profitable lender, con...Read More

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Meet Ken Clark, the South African entrepreneur selling Twizza for $125 million with rahim66

December 22, 2025

Varun Beverages Ltd. is buying South Africa’s Twizza in an all cash deal that pushes the PepsiCo bottler deeper into the continent, and han...Read More

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Folorunso Alakija says $23 million hospital will save lives, train doctors with rahim66

December 22, 2025

Nigeria’s richest woman, Folorunso Alakija, says the $23 million medical research and training hospital she has donated to Osun State Unive...Read More

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