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Aga Khan IV-backed Jubilee completes sale of majority stake in Mauritian insurance subsidiary to Allianz

East Africa Omokolade Ajayi -
Aga Khan IV, Shah Karim al-Husayni, owns 37.98 percent of Jubilee Holdings and 11.85 percent of its Mauritian subsidiary.

Aga Khan IV-backed Jubilee to receive $2.27 million from sale of Mauritian insurance subsidiary

East Africa Omokolade Ajayi -
Jubilee Holdings is a Kenyan investment holding company.

Aga Khan IV to pocket $1.2 million in dividends from Nation Media Group

East Africa Omokolade Ajayi -
Aga Khan IV indirectly owns 44.7 percent of the company.

Ten richest investors on the Nairobi Stock Exchange in 2022

East Africa Omokolade Ajayi -
On the Nairobi bourse, the top three wealthiest investors are Aga Khan IV, James Mwangi and the Merali family.

Aga Khan-backed Jubilee acquires additional stake in Johann Rupert-linked SEACOM

East Africa Omokolade Ajayi -
SEACOM is privately funded and about 75-percent African-owned.
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Egypt’s richest man Nassef Sawiris gains $150 million in 4 days

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Sawiris’ net worth has surged by $150 million in just four days, translating to an average gain of $37.5 million per day since Sept. 26.

Kenyan billionaire Ndegwa family expands empire as NCBA, ICEA Lion pursue new deals

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The Ndegwa family's latest endeavors build upon their previous strategic investments in the Kenyan financial sector.

5 companies owned by Tyra Banks

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Banks owns companies in the beauty, TV production, and food sectors.

Africa’s first Black billionaire Patrice Motsepe faces $900-million loss in 2023

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Despite this recent decline in his net worth, Motsepe retains his status as the wealthiest Black individual in Southern Africa.

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Egypt’s richest man Nassef Sawiris gains $150 million in 4 days

Hot News 0
Sawiris’ net worth has surged by $150 million in just four days, translating to an average gain of $37.5 million per day since Sept. 26.

Kenyan billionaire Ndegwa family expands empire as NCBA, ICEA Lion pursue new deals

East Africa 0
The Ndegwa family's latest endeavors build upon their previous strategic investments in the Kenyan financial sector.

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