Led by Kenyan banker James Mwangi, Equity Group invests $3.3 million in DRC subsidiary
Its total investment in the country is now $148.4 million.
Its total investment in the country is now $148.4 million.
Tanzania’s richest man also received an honorary doctorate in humane letters.
Bitature is the founder, chairman and group CEO of Simba Group.
Njonjo and Grant Brooke founded Twiga Foods in 2013.
Ribet controls a significant 3.32-percent stake in the company worth $1.71 million.
Elloe is an AI-powered, conversational commerce platform.
The dividend will be paid from the group’s retained earnings of $741.9 million at the end of 2021.
This follows the lender’s record-high profit of $350.2 billion in 2021.
Patel owns a significant 20.7-percent stake in the Kenyan insurer.
Patel also owns stakes in Carbacid, Absa Bank Kenya, Co-operative Bank and Safaricom.
NCBA Group shares have soared in value in recent days.
NCBA Group was formed through the merger of NIC Bank Group and Commercial Bank of Africa Group.
Aziz had a net worth of $900 million in 2015.
The family controls a 12.8-percent stake in Medine Limited, worth almost $20 million.
The Espitalier-Noel family is one of the wealthiest families in Mauritius.
Aga Khan IV indirectly owns 44.7 percent of the company.