Egyptian billionaire Ahmed El-Sewedy just committed $200 million to three new industrial projects

Billionaires Africa | 26.06.2026 13:59
Elsewedy Electric, the Egyptian cable and electrical equipment manufacturer led by billionaire Ahmed El-Sewedy, has announced three new strategic industrial projects with combined investments of $200 million as part of an accelerating push to expand Egypt's industrial manufacturing base and build the infrastructure for a domestic circular economy.