The news comes despite a slump in fortified sugar sales and a single-digit increase in its direct production costs.
Motus Holdings is South Africa's exclusive importer and distributor of Hyundai and Mitsubishi automobiles.
The bank's earnings are expected to rise by at least 35 percent in the year through June.
The uptick in market value follows a rise in the company’s share price on the Nairobi Stock Exchange.
The telecom mogul stressed that global competition for vaccines has left emerging countries in dire straits.
Njie founded his company, TAF Africa Global, in 1990 to develop real estate in Africa.
Chimphondah's Shelter Afrique focuses exclusively on supporting affordable housing in Africa.
Sawiris was awarded honorary citizenship for his contribution to tourism in the resort town of Andermatt.
The share price increased from $0.51 (N212.00) on June 1 to $0.54 (N221.50) at close of market today.
The drop was triggered by a 12.6-percent decline in the GB Auto share price on the Egyptian Stock Exchange.
Moustafa is implementing the project through his TMG Holding in partnership with the Egyptian government.