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Wealth Report 2023 confirms that ’Africa is not poor but impoverished’
Not all Africans are poor — this could arguably be the main message from the 2023 edition of the annual Africa Wealth Report by London-based Henley & Partners that reveals that the ‘Big 5’ wealth markets in Africa — South Africa, Egypt, Nigeria, Kenya, and Morocco — together account for a significant 56% of Africa’s […]
‘Mohammed al-Amoudi freed from detention’- Ethiopian PM
Saudi billionaire Mohammed al-Amoudi who has assets in Morocco and Ethiopia has been released from detention in the Saudi kingdom where he had been held since Nov. 2017 as part of the controversial crackdown on corruption. Ethiopian Prime Minister confirmed on Twitter Sunday the Ethiopian-born billionaire and businessman has been released. “We wish Mohammed al-Amoudi […]
Egypt: Cairo Hosts High-Level Talks to Reinforce Gaza Ceasefire Implementation
Cairo on Tuesday, November 25, convened a pivotal meeting of mediators and guarantors of the Gaza ceasefire to accelerate coordination with the United States ahead of the agreement’s second phase. The session, reported by Al-Qahera News, brought together Egypt’s intelligence chief Hassan Rashad, Qatari Prime Minister Sheikh Mohammed bin Abdulrahman Al Thani, and Turkish intelligence […]



