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Egyptian Billionaire Naguib Sawiris To Invest $250 Million To Rescue Brazilian Telecom Operator

Naguib Sawiris

Egyptian billionaire Naguib Sawiris has reportedly offered to invest $250 million in Brazilian telecom operator Oi in an effort to pull the company out of bankruptcy proceedings. Check also: The Youngest Billionaire In Africa, Mohammed Dewji To Create 100,000 Jobs In Tanzania According to a report by the Wall Street Journal, a proposal for the investment has been drafted by the Sawiris Group ...

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