Kenyan tycoon James Mwangi’s takes $1.4-million hit from Equity Group stake
Equity Group has become a dominant force in East and Central Africa under the leadership of Mwangi, who owns 3.38 percent of the group.
Kenya
Kenyan billionaire Peter Njonjo’s agri-tech firm battles liquidation attempt
Twiga Foods, founded in 2013 by Njonjo and Grant Brooke, has been at the forefront of transforming Kenya’s agricultural sector.
7 companies owned by Kenya’s second-largest landowner, Moi family
Unofficial estimates suggest the Moi family’s wealth surpasses $3 billion, attesting to their substantial financial resources.
Kenyan tycoon Peter Njonjo’s Twiga thwarts liquidation attempt over debt dispute
Twiga Foods is a Nairobi-based agri-tech startup co-founded by Njonjo.
Kenyan exec Peter Ndegwa earns $2.1-million salary from Safaricom in 2023
Ndegwa, a seasoned executive with nearly three decades of experience has played a pivotal role in Safaricom’s recent success.
Gideon Muriuki-led Co-op Bank becomes Kenya’s second-most valuable lender
Under the leadership of Muriuki, who serves as the bank’s CEO, Co-op Bank has solidified its position as a key player in the market.
U.S. group to earn $13.5 million in deal with Kenyatta family-linked lender, NCBA
Through their late patriarch’s estate, the Kenyatta family maintains a significant 13.2-percent stake in NCBA Group, equivalent to 217,497,023 ordinary shares.
7 assets owned by Kenya’s largest landholders, Kenyatta family
Billionaires.Africa has identified and monitored seven prominent assets owned by the Kenyatta family.
Kenyan banker John Gachora earns $1-million salary from NCBA Group in 2022
Apart from his executive and governance roles, Gachora owns a minority 0.14-percent stake in the leading financial group.
Kenyan tycoon Julius Mwale to build multimillion-dollar medical city in Ghana
This development was unveiled following a meeting between Mwale and Ghanaian President Nana Akufo-Addo.
Kenyan banker Suresh Bhagwanji Shah to build $22-million hospital in Nairobi
Shah is a top figure in Kenya’s banking industry. He is renowned for founding I&M Group.
Wealthy Kenyan tycoon Andrew Ndegwa loses over $2 million in 49 days
Despite this financial setback, Ndegwa remains one of Kenya’s wealthiest investors and ranks as one of the country’s richest businessmen.
Kenya’s second-largest landowners, Moi family protests half-a-million-dollar legal bill
The Moi family, renowned for its significant influence in both business and politics, has emerged as one of Kenya’s wealthiest families.
Naivas, owned by Kenya’s Mukuha family, faces penalty for data breach violation
Naivas, a retail giant established in 1990 by the late Kenyan tycoon Peter Mukuha Kago, has long held a dominant presence in Kenya.
Kenyan multimillionaire Peter Munga faces auction of properties over unpaid debts
This marks the latest chapter in Munga’s ongoing struggle with debt, which has seen him narrowly escape property auctions in the past.
Bank owned by Kenya’s richest families expands to Migori, targeting East African traders
NCBA Group counts some of Kenya’s richest families, including the Kenyatta, Merali, and Ndegwa families, among its shareholders.