Kenyan banker James Mwangi gains $8 million in four months on Equity Group stake
James Mwangi's 127.8 million Equity Group shares are now worth $75 million, up $8 million since Billionaires.Africa ranked him fourth on the NSE rich list in February.
Skip to content
James Mwangi's 127.8 million Equity Group shares are now worth $75 million, up $8 million since Billionaires.Africa ranked him fourth on the NSE rich list in February.
Equity Group and the International Trade Centre have signed a partnership to unlock trade finance for East African small businesses in coffee, leather and creative industries.
Equity Group CEO James Mwangi confirmed plans to establish two separate insurance businesses in the DRC as the Kenyan banking giant deepens its commitment to its most profitable international market.
Jim Ovia, Adebayo Ogunlesi, James Mwangi and Sam Jonah have been named Lifetime Achievement Award winners at the 16th African Business Leadership Awards 2026.
Equity Group CEO James Mwangi told Reuters the bank is targeting acquisitions in Angola, Zambia and Mozambique as it follows the Lobito Corridor trade route south.
Equity Group CEO James Mwangi told the Africa Forward Summit in Nairobi that African governments must fix three structural barriers or risk losing the investment decade.
Equity Life Assurance Kenya posted a record Ksh1.24 billion profit after tax in 2025, driven by a 40% surge in gross written premiums and 19.2 million cumulative policies.
Equity Bank's James Mwangi has been crowned Overall CEO of the Year, with the lender sweeping 10 categories at Kenya's 2026 Think Business Banking Awards.
Equity Group CEO James Mwangi warned at the IMF Spring Meetings that Africa faces a serious food and economic crisis within 3 years as converging shocks bite.
James Mwangi's Equity Group is pivoting to Angola for a bank acquisition after Ethiopia's restrictive foreign ownership rules stall its market entry.
Equity Group's record 2025 profit will pay CEO James Mwangi more than Sh734 million in dividends as the board raises its payout by 35%.
Equity Bank Rwanda lost about $3.2 million in a fraud scheme that exploited its mobile money float system, with 35 people arrested.
Court of Appeal blocks James Mwangi’s bid to halt a Sh1 billion land judgment, orders Sh10 million security and freezes dealings on the Muthaiga plot.
Equity Bank Kenya has secured a $60 million AfDB trade finance guarantee, boosting support for SMEs and easing risk in cross-border trade across Africa.
James Mwangi’s Equity Group stake gains $7.9 million as the Kenyan lender’s shares rally, lifting his holdings and confidence.
The solid performance reinforces the lender’s position among Africa’s most profitable financial services groups.