Ahmed El-Sewedy, President and CEO of Elsewedy Electric

Ahmed El-Sewedy emerges as Egypt’s newest billionaire as Elsewedy Electric stake nears $1.3 billion

Ahmed El-Sewedy’s stake in Elsewedy Electric rises to $1.27 billion as shares surge nearly 55%, making him Egypt’s newest billionaire.

Feyisayo Ajayi August 23, 2026

Hot News Business

Renergen kicks off commissioning South Africa’s first liquid helium plant

Renergen begins commissioning South Africa’s first liquid helium plant, targeting commercial shipments in September amid tight global supply.

Feyisayo Ajayi August 23, 2026

Hot News Sports

Former world boxing champion Zolani Tete shot dead outside his home in South Africa

Former world boxing champion Zolani Tete was shot dead outside his South African home, as police investigate the killing and unclear motive.

Feyisayo Ajayi August 22, 2026

Entertainment Hot News

Grammy-Award winning musician Black Coffee wins legal battle against Maserati South Africa

Black Coffee wins a R7 million ($437,136) court judgment against Maserati South Africa over a disputed customised MC20 Cielo vehicle purchase in Johannesburg.

Feyisayo Ajayi August 22, 2026

Billionaires Business

Moroccan billionaire Anas Sefrioui expands into pharmaceuticals with Servier deal

Anas Sefrioui’s Servier deal expands his pharmaceutical business as Pharma Capital seeks to acquire Servier’s Moroccan operations.

Timilehin Adejumobi August 22, 2026

Tag: Harith

South African billionaire Tshepo Mahloele faces regulatory hurdle in multibillion-rand FlySafair deal

Harith strikes FlySafair deal two years after SAA talks collapsed

Ahmed El-Sewedy emerges as Egypt’s newest billionaire as Elsewedy Electric stake nears $1.3 billion

Renergen kicks off commissioning South Africa’s first liquid helium plant

Former world boxing champion Zolani Tete shot dead outside his home in South Africa

Grammy-Award winning musician Black Coffee wins legal battle against Maserati South Africa

Moroccan billionaire Anas Sefrioui expands into pharmaceuticals with Servier deal

Ahmed El-Sewedy emerges as Egypt’s newest billionaire as Elsewedy Electric stake nears $1.3 billion

Renergen kicks off commissioning South Africa’s first liquid helium plant

Former world boxing champion Zolani Tete shot dead outside his home in South Africa

Ahmed El-Sewedy emerges as Egypt’s newest billionaire as Elsewedy Electric stake nears $1.3 billion

Renergen kicks off commissioning South Africa’s first liquid helium plant

Former world boxing champion Zolani Tete shot dead outside his home in South Africa

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