Tag: Ashraf Sabry

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Egyptian fintech founder Ashraf Sabry gains $1.6 million in 38 days from stake in Fawry

The bump in the market value of his stake cements his position as one of the richest investors on the Egyptian Stock Exchange.

Egyptian fintech founder Ashraf Sabry’s Fawry reports $5.1 million in profit in H1 2022

Fawry's market cap is $640 million, while Sabry's 2.345-percent stake is valued at $15 million.

Egyptian fintech founder Ashraf Sabry loses $1.4 million from Fawry stake in 38 days

Fawry is one of Africa's few listed fintech companies.


South African tycoon Tshepo Mahloele hits jackpot, gains $39 million from Capitec

Mahloele holds a 7.26-percent indirect stake, translating to 8,409,802 ordinary shares in Capitec Bank through Lebashe Holdings.

Nigerian billionaire Mike Adenuga’s oil firm to distribute $2.2-million dividend to shareholders

Under the astute leadership of Adenuga, Conoil has solidified its position as a dominant force in Nigeria's petroleum marketing industry.

Moroccan pharma tycoon Lamia Tazi suffers $3-million loss from Sothema stake

Tazi, the CEO and chairperson of Sothema holds a substantial 8.4-percent stake in the leading healthcare company.

Gilbert Chagoury: Controversial billionaire awarded contract to construct Lagos-Calabar Coastal Highway

Back in 1971, Gilbert Chagoury and his younger brother, Ronald Chagoury, set the stage for their remarkable journey by founding the Chagoury Group.