Mauritian tycoon Arnaud Lagesse’s IBL eyes new deal in East Africa
IBL is a renowned, multifaceted Mauritian conglomerate.
East Africa
Centum, controlled by family of late tycoon Chris Kirubi, prepares to repay dollar-denominated loans
Kirubi passed away last year.
Controlled by Kenya’s richest families, NCBA Group lends Mauritian firm $10.7 million
NCBA’s loan to Grit now represents more than 2.27 percent of the real estate company’s overall debt.
Kenyan mogul Baloobhai Patel to restructure holdings in NSE-listed companies
The successful businessman also has stakes in Williamson Tea Kenya, Diamond Trust Bank Group, and Safaricom.
Kenyan businessman James Mwangi’s Equity, NCBA fight over $1.3-million property in Nairobi
Mwangi owns a sizable 3.38-percent stake in Equity Group.
Kenyan Revenue Authority reopens Humphrey Kariuki’s firm, Africa Spirits
Kariuki is the founder of Janus Continental Group.
Nairobi-based tycoon Kamal Budhabatti’s Little to launch service in Ghana next week
Budhabatti co-founded Little with telecom giant Safaricom in 2016.
Late Kenyan businessman Chris Kirubi’s stake in Centum now worth $13.5 million
Following the demise of Chris Kirubi, his son Robert Kirubi and daughter Mary-Ann Musangi received 80 percent of his fortune.
Nairobi-based businesswoman Bente Krogmann’s mTek, Britam collaborate to protect SMEs from risk
mTek operates as a digital online insurance platform.
Ugandan tycoon Ham Serunjogi’s Chipper Cash lays off nearly 12.5 percent of staff
Chipper Cash is a cross-border payment platform.
James Mwangi-led Equity Group to pay KRA $91.6 million as corporate taxes in 9M 2022
Equity Group is the largest financial services conglomerate in East Africa.
Widow of late Tanzanian billionaire Reginald Mengi suffers legal setback in inheritance row
Tanzanian billionaire Reginald Mengi died on May 2, 2019, in Dubai, UAE.
Kenyan tycoon banker James Mwangi’s Equity rolls out risk-based lending
Mwangi owns a sizable 3.38-percent stake in Equity Group.
Mauritian tycoon Arnaud Lagesse’s IBL Group backs 4DI Capital’s $25-million seed fund
Lagesse and his siblings own a 16.8-percent joint stake in IBL Group.
Zimbabwean billionaire Strive Masiyiwa’s ADC to build its first data center in Rwanda
ADC is an affiliate of Cassava Technologies.
Controlled by Kenya’s richest families, NCBA Group eyes entry in Ethiopia, DRC, Ghana
NCBA Group is partially owned by the super-rich Kenyatta, Merali, and Ndegwa families.