MarketForce gets $40 million in funding backed by Kenyan businessman Ken Njoroge
MarketForce established a strategic partnership with Cellulant in December.
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MarketForce established a strategic partnership with Cellulant in December.
Mwangi holds a 3.38-percent stake, or 127,809,180 shares, in the financial services group.
Kenya is part of an elite group of five African countries accounting for over half the continent’s private wealth held by individuals.
About 8,300 people in Kenya hold high-net-worth-individual status.
Multimillionaire Pastor Shepherd Bushiri has announced the unexpected death of his 8-year-old daughter Israella.
Equity Group is collaborating on the facility with leading European development banks.
It has been a difficult year for Kenya’s wealthy, as 900 lose HNWI status.