Tag: Equity Group

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James Mwangi’s Equity Group invests $76.7 million in Congo unit

By increasing its investment in DR Congo, the Mwangi-led group aims to solidify its position as a key player in the region.

Kenyan tycoon James Mwangi gains $7.28 million in 18 days from stake in Equity Group

Mwangi owns a significant 3.38-percent stake in Equity Group.

Kenyan banking mogul James Mwangi suffers $3.8 million loss in just 60 days

The recent drop in Mwangi’s stake has pared his earlier gains this year to a loss of nearly $1.5 million.

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.


America’s richest black billionaire Robert F. Smith maintains top spot with $12 billion net worth

Robert F. Smith, America's richest black billionaire holds firm to top spot with a whopping $12 billion net worth

Nigeria’s richest banker Jim Ovia rakes in $26 million in single day as NGX soars

This recent surge has further solidified Ovia's position as one of the most affluent investors on the Nigerian Exchange.

Zimbabwe’s richest man Strive Masiyiwa sees net worth decline by $100 million

Despite the recent setback, Masiyiwa's net worth is still up by a remarkable $900 million since the start of the year.

Egypt’s second-richest man unveils $1.2 billion in investment projects in Uzbekistan

The announcement came during a meeting between Egypt's second-richest man Naguib Sawiris and Uzbek President Shavkat Mirziyoyev.