Aga Khan IV, Shah Karim al-Husayni, owns 37.98 percent of Jubilee Holdings and 11.85 percent of its Mauritian subsidiary.
"Aga Khan"
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Aga Khan IV-backed Jubilee to receive $2.27 million from sale of Mauritian insurance subsidiary
Jubilee Holdings is a Kenyan investment holding company.
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Aga Khan IV indirectly owns 44.7 percent of the company.
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SEACOM is privately funded and about 75-percent African-owned.
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Richest investor on Nairobi Stock Exchange Aga Khan IV loses nearly $10 million since start of 2022
Aga Khan IV remains the Nairobi Exchange’s richest investor, with a total portfolio worth of more than $105 million.
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Aga Khan IV loses $4.07 million in two months as shares in Nation Media Group slump by 19 percent
Aga Khan IV holds a 44.7-percent stake in the group through The Aga Khan Fund for Economic Development.
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Aga Khan IV’s Nation Media Group posts $2.6-million mid-year profits as revenues see sharp recovery
The triple-digit surge in profits came off a 14-percent increase in revenue.
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The $100-million decline in Akhannouch’s net worth is primarily attributed to the revaluation of his holdings in Akwa Group.
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From the multibillion-dollar Akwa Group to influential ventures in chemicals, mining, tourism, and media, discover the man behind the $1.7-billion fortune.
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Akhannouch — appointed prime minister of Morocco in September 2021 — derives part of his billion-dollar fortune from the Akwa Group.