Partially owned by prominent Kenyan families such as Kenyatta, Merali, and Ndegwa, the conglomerate remains steadfast in strengthening operations within Kenya while …
Mauritius
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This surge in profit can be attributed to the conglomerate’s adept cost-effective measures and strategic initiatives.
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From leading Mauritius’ largest conglomerate, IBL Group, to investments in Kenya’s retail sector through Naivas International.
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Explore his influential connections to seven key companies, ranging from MCB Capital Markets to the Blue Penny Museum.
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Noel’s passing comes over two years after his retirement as the CEO of MCB Group.
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With their stake now worth more than $45 million, the affluent Mauritian Espitalier-Noel family ranks among the richest families in Mauritius.
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Despite this recent setback, Dalais remains one of the most affluent CEOs in Mauritius and East Africa.
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Ha Chow holds a 14.59-percent stake in ABC Banking Corp., making her the second-largest shareholder in the Port Louis-based financial services provider.
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Lagesse and his siblings own a 16.8-percent joint stake in IBL Group, or 114,369,469 shares.
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Galea owns 15.43 percent of the insurer, worth $25.5 million.