Antoine Delaporte’s Adenia Partners looks to acquire Kenyan restaurant chain, Java House
Adenia Partners is an African-focused private equity firm.
East Africa
Kenyan businessman Paul Ndung’u ousted as SportPesa shareholder amid legal battle
Ndung’u and Asenath Wachera Maina each owned 17 and 21 percent of Pevans East Africa.
U.S. billionaire Robert F. Smith partners with Deepak Chopra to boost Black leadership
Smith is America’s richest Black man.
Meet 36-year-old Kenyan entrepreneur who recently secured $3 million for her startup
Wandia is the CEO of Kwara, a Kenyan-based online and mobile banking platform.
Sasini, controlled by family of late Kenyan tycoon, aims for growth after reaching $10-million profit milestone
The late Kenyan tycoon Naushad Merali’s family owns a 65.46-percent stake in Sasini Tea.
Tanzania’s leading entrepreneur Mo Dewji soars to top of Africa’s billionaires list
Dewji’s entrepreneurial journey began at a young age, and he has since built MeTL Group into a multi-billion-dollar empire.
Humphrey Kariuki: A glimpse at the Kenyan magnate’s properties and businesses
Kariuki’s business empire is vast and covers several industries, including energy, hospitality, real estate development, and more.
Kenyan banker-turned-politician Peter Kenneth, others to pocket $40 million from Mayfair Bank sale
Mayfair Bank was established in June 2017 by a consortium of prominent investors led by Kenneth.
James Mwangi’s Equity Group to receive $4.1 million for acquisition of Spire Bank
Equity Group is the largest financial services conglomerate in East Africa.
Meet Mohammed Dewji, Tanzania’s ‘King of Wealth,’ with $1.5-billion net worth
Dewji showcases his philanthropic spirit through his role as the founder and financier of the Mo Dewji Foundation.
Kenyan banker James Mwangi’s Equity Group receives approval to acquire Spire Bank
Mwangi owns 3.38 percent of the financial services group.
Nairobi-based entrepreneur Jit Bhattacharya’s BasiGo to assemble 1,000 electric buses in Kenya
BasiGo is a Kenyan e-mobility startup.
Meet Kenyan entrepreneur who raised $40 million in funding for his startup in 2022
Mbaabu’s unique approach and determination to drive change in the retail industry have set him apart.
Mauritian tycoon Arnaud Lagesse’s IBL Group looks to expand in Kenya’s diverse industries
The Lagesse family owns 16.8 percent of IBL Group.
Jimnah Mbaru loses $4 million in Britam Holdings shares in one year
Mbaru owns a 7.72-percent stake in Britam Holdings.
Hassanein Hiridjee-linked WeLight raises $20.5 million to deliver clean energy to 120 villages in Madagascar
As many as 45,000 households and businesses will be connected to the power grid.