Startup led by Nairobi-based entrepreneur secures $3-million investment from CFAO
According to Bhattacharya, CEO of BasiGo, the partnership with CFAO Group marks a significant milestone in the company’s journey.
According to Bhattacharya, CEO of BasiGo, the partnership with CFAO Group marks a significant milestone in the company’s journey.
This decision, triggered by the challenges in meeting revenue targets, aims to align the firm with market demands and macroeconomic trends.
Voice revenue rose 11.6 percent, while data and mobile money revenue surged 21.6 percent and 17.6 percent, respectively.
KCB Bank Kenya’s loan book has surged in recent years, outpacing its deposit base.
This move follows his suspension from the company in 2021 and his announcement in February of plans to sue WPP for £24 million ($30.2 million).
Kimani, a significant shareholder with a 33.3-percent stake in Kakuzi, is positioned to receive a substantial portion of the group’s dividend payout.
Gideon Muriuki’s $2.6 million gain underscores the positive impact of his leadership at Co-op Bank.
Muriuki, who was instrumental in the Co-op Bank’s expansion, owns a two-percent stake in the leading financial services group.
MTN customers can access Tesadeals without incurring data charges, underscoring the platform’s commitment to accessibility and inclusivity.
The $50-million loan from Proparco represents a significant milestone for NCBA Group as it continues to drive sustainable economic growth and support SMEs in Kenya.
Over the past 40 days, Nwangi’s stake in Equity Group has increased by $5.77 million over the past 40 days, cementing his position among Kenya’s richest individuals.
Ndegwa, a director on the board of NCBA Group, holds a commanding 4.63-percent stake in the leading lender, translating to 76,336,855 ordinary shares.
As investors renew their interest in Jubilee Holdings on the Nairobi Security Exchange, Aga Khan IV’s investment in the company continues to yield substantial gains.
As Co-op Bank embarks on its ambitious expansion journey, the institution reaffirms its commitment to serving diverse customer needs while leveraging technological innovations.
This surge solidifies the Merali family’s position as prominent investors on the Nairobi Securities Exchange, with their extensive investments establishing them among the wealthiest families in Kenya.
Under the leadership of Hiridjee, Axian Telecom has achieved remarkable growth since 2015, ranking as Africa’s seventh-largest mobile operator.