James Mwangi’s Equity Group acquires $86-million stake in DRC unit
Mwangi has played a pivotal role in the lender’s expansion beyond Kenya.
Mwangi has played a pivotal role in the lender’s expansion beyond Kenya.
As the CEO and a significant shareholder in Equity Group, Mwangi has helped the lender expand operations beyond Kenya.
By increasing its investment in DR Congo, the Mwangi-led group aims to solidify its position as a key player in the region.
Mwangi owns a significant 3.38-percent stake in Equity Group.
Mwangi holds a substantial 3.38 percent stake in Equity Group.
The recent drop in Mwangi’s stake has pared his earlier gains this year to a loss of nearly $1.5 million.
Equity Group is the largest financial services conglomerate in East Africa.
Mwangi owns a sizable 3.38-percent stake in Equity Group.
Mwangi owns a sizable 3.38-percent stake in Equity Group.
Equity Group is the largest financial services conglomerate in East Africa.
Mwangi owns a sizable 3.38-percent stake in Equity Group.
Kenya is suffering from its worst drought in decades.
Kenyan billionaire Mwangi owns a sizable 3.38-percent stake in Equity Group.
Mwangi owns 3.38 percent of the financial services group.
Mwangi owns a sizable 3.38-percent stake in Equity Group.
The acquisition could present additional challenges and opportunities to Equity Group.