Cape Town, Marrakesh, Nairobi stand out as Africa’s ultra-rich hubs
A new class of centimillionaires (people with $100 million or more in investable assets) is not just growing in number but also in presence.
Nairobi
Led by Kenyan exec Priscilla Gathungu, Java expands with two outlets in Nairobi
Under the leadership of CEO Priscilla Gathungu, appointed in November 2022, the company has pursued an aggressive expansion strategy.
Kenyan tycoon Edward Kirathe’s Acorn plans expansion for student hostels in Nairobi
Kirathe’s influence in Kenya’s real estate sector spans 25 years, making him a prominent figure in the East African real estate domain.
Kenyan multimillionaire Humphrey Kariuki faces legal battle over prime land in Nairobi
Kariuki is a leading Kenyan multimillionaire businessman.
Jit Bhattacharya-led BasiGo receives $6.6 million to kick-off EV assembly in Kenya
Bhattacharya and his friend Jonathan Green established BasiGo in 2021.
MarketForce gets $40 million in funding backed by Kenyan businessman Ken Njoroge
MarketForce established a strategic partnership with Cellulant in December.
Kenyan government eyes former Nairobi Governor Evans Kidero’s luxury real estate in capital
A trail of cash allegedly stolen from City Hall seems to lead back to the governor.