Its $90-million investment in Ethiopia has helped solidify its position in the country.
Ethiopia
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NCBA Group is partially owned by the super-rich Kenyatta, Merali, and Ndegwa families.
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His net worth fell after Preem, Sweden’s largest oil refiner, reported a 31-percent drop in revenue.
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Despite ranking only 29th in Africa by economic wealth, Ethiopia is a land of riches for thousands.
- East Africa
Safaricom, MTN Group bid for licenses in Africa’s second-most populous country, Ethiopia
The bureaucratic bidding process seems to finally be nearing an end.
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