Equity Group has become a dominant force in East and Central Africa under Mwangi, who owns 3.38 percent of the group.
James Mwangi
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Equity Group, under the leadership of Mwangi, reported a profit of $182.8 million at the end of the first half of its …
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Mwangi derives the majority of his wealth from a 3.38-percent stake in Equity Group.
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Leading Kenyan billionaires such as Mbaru, Munga, and Mwangi hold significant stakes within the conglomerate.
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Under Mwangi, Equity Group achieved record-breaking profits of $350 million at the end of the 2022 fiscal year.
- East Africa
Kenyan tycoon James Mwangi-led Equity Group partners with Schneider to power 1 million households in DRC
Mwangi revealed that the collaboration aims to ensure energy becomes a fundamental right for the people of the DRC.
- East Africa
Kenyan tycoon James Mwangi-led Equity Group pours $511 million into social impact initiatives
In the recently presented 2022 Sustainability Report, Mwangi, the group CEO, highlighted the organization’s dedication to prioritizing people over profits.
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Equity Group is a leading East and Central Africa financial services conglomerate.
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Under Mwangi, Equity Group has played a key role in the growth and transformation of Kenya’s financial services industry.
- East Africa
Kenyan tycoon James Mwangi’s Equity Group to invest $5.7 million in insurance business
Under James Mwangi, who holds a 3.38-percent stake in the company, Equity Group witnessed a 15 percent increase in profits in 2022