DRC unit of James Mwangi-led Equity Group secures $11 million from Proparco
Equity Group is a leading East and Central Africa financial services conglomerate.
Equity Group is a leading East and Central Africa financial services conglomerate.
The $1-million drop in Muriuki’s stake can be attributed to a nearly 10-percent decline in Co-op Bank Group’s shares.
Otudeko, the largest shareholder of FBN Holdings, owes Ecobank more than $17 million.
Access Bank Kenya is the Kenyan banking unit of Access Holdings, a financial services conglomerate.
Mambo Retail is an investment vehicle linked to IBL Group, a prominent Mauritius conglomerate led by Mauritian tycoon Arnaud Lagesse.
NCBA Group is partially owned by some of Kenya’s wealthiest families, including the Kenyatta, Merali, and Ndegwa families.
Once the deal is finalized, it will mark the third time the super-rich Mukuha family has divested part of their stake in Naivas.
Under Mwangi, Equity Group has played a key role in the growth and transformation of Kenya’s financial services industry.
MyDawa, under Nairobi-based entrepreneur O’Leary, has evolved from an e-pharmacy to an all-in-one health platform.
Patel, who is known for his investments in various sectors, holds a significant stake in Absa Bank Kenya.
This will enable Nuru, under the leadership of Shaw, to undertake ambitious new projects.
These are the 10 most important assets owned by Dewji, the CEO of MeTL.
Arnaud Lagesse, alongside his siblings Benoit, Hugues, Jean-Pierre, Thierry, and Stephane Lagesse, holds a 16.8-percent joint stake in IBL.
Among the beneficiaries of this remarkable dividend payout, John Kimani, one of Kenya’s wealthiest investors, will receive $83,300.
Shah holds a beneficial stake of 10.98 percent, consolidating his position as a major stakeholder in the company.
Karauri emphasized that SportPesa is committed to the long-term development of rugby in Kenya.