James Mwangi’s Equity Group acquires $86-million stake in DRC unit
Mwangi has played a pivotal role in the lender’s expansion beyond Kenya.
Mwangi has played a pivotal role in the lender’s expansion beyond Kenya.
Muriuki holds the largest individual shareholder in CIC Group with a 5.27-percent stake.
The multimillionaire Mauritian Lagesse family owns a 16.8-percent joint stake in IBL Limited.
Aside from his ownership interest in the SportPesa brand, Ndung’u owns a significant stake in Life Care Medics.
As the CEO and a significant shareholder in Equity Group, Mwangi has helped the lender expand operations beyond Kenya.
The recent gain solidifies the Merali family’s position as one of the wealthiest families in East Africa.
Ndegwa owns 4.3 percent of NCBA Group.
Uganda’s richest man with a $1.1-billion net worth in 2012, Ruparelia is the chairman and founder of The Ruparelia Group.
By increasing its investment in DR Congo, the Mwangi-led group aims to solidify its position as a key player in the region.
Mbaru holds a 7.72-percent stake in Britam Holdings.
Raval disclosed that his company’s monthly outgoings tally up to about $14.9 million.
Thirteen firms are vying for licenses to build berths for handling gas imports in Kenya, two months after Aziz was granted a license.
Mwangi owns a significant 3.38-percent stake in Equity Group.
Kakuzi Plc is an agricultural cultivation and manufacturing firm.
Kimani owns a significant 2.35-percent stake in Nation Media Group.
NCBA Group is partially owned by some of Kenya’s richest families.