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Egyptian tycoon Ashraf Sabry’s Fawry joins forces with Taiwanese tech giant for seamless payment solutions

Hot News Eduardo C. Serrano -
Fawry is a leading fintech company.

Egyptian entrepreneur Ashraf Sabry’s Fawry secures $1.67-million capital increase approval

Hot News Mfonobong Nsehe -
Sabry controls 2.3 percent of the fintech company.

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

Hot News Omokolade Ajayi -
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

Hot News Feyisayo Ajayi -
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

Hot News Omokolade Ajayi -
Fawry is one of Africa's few listed fintech companies.
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South African tycoon Tshepo Mahloele hits jackpot, gains $39 million from Capitec

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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

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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

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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

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

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South African-born billionaire Patrick Soon-Shiong loses $250 million

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Despite the recent financial setback, Soon-Shiong's influence in the medical field and his entrepreneurial spirit remain undiminished.

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

Hot News 0
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

Hot News 0
Under the astute leadership of Adenuga, Conoil has solidified its position as a dominant force in Nigeria's petroleum marketing industry.

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