Kenyan billionaire Mary-Ann Musangi wants her late father's company in 30 African countries
Mary-Ann Musangi, who runs the consumer goods maker founded by her late father Chris Kirubi, plans to sell in 30 African countries by 2030.
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Mary-Ann Musangi, who runs the consumer goods maker founded by her late father Chris Kirubi, plans to sell in 30 African countries by 2030.
Mary-Ann Musangi's Haco Industries will make its Amara skincare lotion in Ghana through a partnership with Ayewa Aberfur, as it pushes into West Africa.
Mary-Ann Musangi, billionaire heiress to Chris Kirubi and managing director of Haco Industries, has been elected vice chairperson of the Kenya Association of Manufacturers.
Kenya's Haco Industries is exploring either an IPO or a strategic investor as the Kirubi family plans succession, while MD Mary-Ann Musangi pushes the consumer goods maker into Ghana, Nigeria and Senegal.
Haco Industries will begin operations in Ghana by end April through a joint venture, using a lean model that avoids building factories.
Centum, linked to the late Chris Kirubi’s estate, has sold its remaining Sidian Bank stake, ending a 25-year investment.
Mary-Ann Musangi, heir to Chris Kirubi’s business empire, will chair the 23-member task force tasked with repositioning “Magical Kenya.”
The fresh funds are expected to boost Sidian’s lending capacity and sharpen its competitive edge against established rivals.
The market value of the stake held by Kirubi’s heirs has increased from $11.02 million on May 17 to $12.34 million at the time of writing.
Centum Real Estate (Centum RE) is a property developer linked to Robert Kirubi and Mary-Ann Musangi, heirs to the late tycoon Chris Kirubi’s business empire.
Centum Investment is an East African-focused investment firm controlled by the family of the late Kenyan tycoon Chris Kirubi.
Centum Investment, controlled by the family of the late tycoon, diversified its investment portfolio by buying $11.5 million.
The late Kirubi, a prominent Kenyan tycoon and serial investor, owned a 31-percent stake in Centum Investments before his passing in 2021 at 80.
Centum RE is a prominent property developer linked to Robert Kirubi and Mary-Ann Musangi, heirs to the late tycoon Chris Kirubi’s business empire.
Centum RE is a property developer linked to Robert Kirubi and Mary-Ann Musangi, heirs to the late tycoon Chris Kirubi’s business empire.