5 companies owned by one of Kenya’s richest individuals, James Mwangi
Under Mwangi’s leadership, Equity Group evolved into an integrated financial services group with active operations spanning six African countries.
Kenya
Gideon Muriuki’s Co-op Bank joins Kenya’s top employers with more than 5,200 employees
Thanks to its strategic expansion initiatives spanning the region, the Muriuki-led group has now positioned itself among Kenya’s leading employers.
Kenyan banker James Mwangi says Equity Group’s DRC unit will soon overtake Kenya
Mwangi credited the growing influence of Equity Group’s subsidiaries, especially the DRC unit, for the overall performance of the group in the first nine months of 2023.
Kenyan tycoon James Mwangi-led lender reports nine-month profit exceeding $230 million
Under the leadership of Mwangi, Equity Group has solidified its position as a dominant force in East and Central Africa.
Kenyan banker Gideon Muriuki gains $1 million in 12 days
Muriuki, who sits at the helm of Co-op Bank and ranks as one of Kenya’s leading investors, holds a significant stake of two percent in the leading financial services group.
Bank led by Kenyan tycoon Gideon Muriuki records $120 million in profit in 9 months
Muriuki, managing director of Co-op Bank, emphasized the bank’s commitment to sustainable growth, resilience, and agility.
Lender linked to Kenya’s richest families commits $198 million for green financing
NCBA Group is a Nairobi-based financial services conglomerate partially owned by the Kenyatta family renowned as Kenya’s largest landowners.
Kenyan top executive James Ndegwa loses $2.4 million from NCBA Group stake
Ndegwa, the former chairman of the Capital Markets Authority is a top figure in the Kenyan business scene.
Nairobi-based entrepreneur Jit Bhattacharya’s BasiGo secures $1.5-million grant from USAID
BasiGo aims to revolutionize Kenya’s public transportation sector by providing a cost-effective electric alternative to diesel.
Kenyan tycoon Baloobhai Patel-linked cement firm clears 60 percent of $2-million tax debt
Bamburi Cement, a prominent East African cement firm partly owned by Kenyan industrialist Baloobhai Patel, has settled 60 percent of its tax debt
10 richest people on the Nairobi Securities Exchange in November 2023
According to the latest list, well-known Kenyan business figures like John Kimani, James Mwangi and Gideon Muriuki have taken a hit in their wealth so far this year.
Wealthy Kenyan tycoon Andrew Ndegwa faces $1.3-million loss in 16 days
Despite this financial setback, Ndegwa remains one of Kenya’s wealthiest investors and stands as one of the country’s most prominent businessmen.
Bank led by Kenyan banker James Mwangi injects $4.6 billion to drive African recovery and resilience
Mwangi, the managing director and CEO of Equity Group, shared details of this ambitious plan during a recent interview in Kenya.
Kenyan tycoon Arvinder Reel leads CFAO to dominate Kenya’s luxury car market
Reel’s leadership has been instrumental in the aggressive expansion of CFAO’s network of branches, dealerships, and authorized service centers across Kenya.
7 companies owned by Kenyan businessman Sarbjit Singh Rai
Billionaires.Africa has identified and tracked various companies and assets linked to Rai.
7 companies owned by Kenyan tycoon Jaswant Singh Rai
Billionaires.Africa has identified and tracked companies owned by Rai.