Kenyan tycoon — Andrew Ndegwa — NCBA Group — Nairobi Securities Exchange — Kenya — Hot News — East Africa
Kenyan tycoon Andrew Ndegwa’s stake in NCBA surges above $26 million
Ndegwa sees $3.82-million gain as NCBA Group shares surge 16.8 percent on the Nairobi Securities Exchange.
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Kenyan tycoon John Kimani's stake rebounds above $22 million
John Kimani, has seen his shares in Kakuzi surpass $22 million (Ksh2.87 billion), marking a gain of Ksh383.4 million ($2.97 million) in just eight days.
Kenyan tycoon Peter Ndegwa-led Safaricom secures second $116-million sustainability-linked loan
This follows a similar loan obtained last year, bringing the total to Ksh30 billion ($232.2 million).
Kenyan tycoon Edward Kirathe’s Acorn to delist $44.2-million green bond from NSE
Acorn’s portfolio under Edward Kirathe includes 17,000 beds in 17 student housing properties, with an additional 6,000 beds under development.
Bamburi Cement, linked to Kenyan tycoon Baloobhai Patel, receives new $193.7-million offer
Savannah Clinker has proposed purchasing all 362.9 million shares of Bamburi at Ksh70 ($0.54) per share.
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Naspers, led by Koos Bekker, reports $3.4 billion in revenue for H1 2025
This highlights the group's strong financial performance and strategic execution under Bekker's leadership.
Anglo American secures $157.5 million Serpentina mine to bolster Brazilian presence
The deal, announced in February, solidifies Anglo’s strategic collaboration with Vale and positions both mining giants to enhance their production capacity.
Alami Lazraq’s stake in Moroccan real estate firm gains over $300 million
Lazraq’s stake, amounting to 11,414,630 shares, has gained MAD3.09 billion ($308.31 million) in market value since the beginning of the year.
Meet Nevine Sabbour: Trailblazing banker leading Egypt’s most valuable company
Nevine Sabbour became the first woman to chair Commercial International Bank (CIB) in September 2024, a historic first for Egypt’s banking sector.