Egyptian businessman Sadek El-Sewedy’s stake in Elsewedy Electric nears $1.4 billion

Egyptian businessman Sadek El-Sewedy’s Elsewedy Electric stake nears $1.4 billion after shares surge more than 60% on the Egyptian Exchange.

Feyisayo Ajayi August 26, 2026

Business Hot News

Eni steps up Egypt investment with plans for 230 oil and gas wells

Eni plans to drill 230 oil and gas wells in Egypt as the Italian energy giant expands investment and targets higher production.

Oluwatosin Alao August 25, 2026

Hot News Business

Kenya Airways loss widens to $124 million in H1 2026 as fuel costs surge

Kenya Airways’ H1 2026 loss widened to $124 million as fuel costs, supply constraints and reduced fleet capacity further pressured earnings.

Feyisayo Ajayi August 25, 2026

Business Hot News

TransNamib delays Oshikango trains as cargo volumes remain low

TransNamib has delayed regular Oshikango train services as low cargo volumes make freight operations commercially unviable along the Namibia-Angola route.

Oluwatosin Alao August 25, 2026

Eskom transmission lines carrying electricity across South Africa’s power grid.

Business Hot News

South Africa pushes $16.5 billion in public works to revive stalled economy

South Africa plans to offer $16.53 billion in public works projects for private bidding to rebuild infrastructure and revive economic growth.

Omokolade Ajayi August 25, 2026

Tag: Germany

Morocco, Germany $30 billion subsea cable project snagged by governance row

Germany backs South Africa with $235 million climate loan, minerals deal

Egyptian businessman Sadek El-Sewedy’s stake in Elsewedy Electric nears $1.4 billion

Eni steps up Egypt investment with plans for 230 oil and gas wells

Kenya Airways loss widens to $124 million in H1 2026 as fuel costs surge

TransNamib delays Oshikango trains as cargo volumes remain low

South Africa pushes $16.5 billion in public works to revive stalled economy

Egyptian businessman Sadek El-Sewedy’s stake in Elsewedy Electric nears $1.4 billion

Eni steps up Egypt investment with plans for 230 oil and gas wells

Kenya Airways loss widens to $124 million in H1 2026 as fuel costs surge

Egyptian businessman Sadek El-Sewedy’s stake in Elsewedy Electric nears $1.4 billion

Eni steps up Egypt investment with plans for 230 oil and gas wells

Kenya Airways loss widens to $124 million in H1 2026 as fuel costs surge

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