Kenya's wealthy Muguku family nears $70 million sale of Waterfront Karen mall
The heirs of Kenyan poultry billionaire Nelson Muguku are near a deal to sell their Karen mall for about $70 million, half the 2021 asking price.
Kenyan billionaire
President Ruto calls Kenyan billionaire Gideon Moi a gangster and accuses him of not paying his own journalists
President William Ruto has escalated his feud with Kenyan billionaire Gideon Moi, accusing Standard Group of gangsterism and targeting months of unpaid employee salaries.
Kenyan billionaire Mohamed Jaffer just locked up Mombasa's grain monopoly for another 20 years
Kenya tycoon Mohamed Jaffer has secured a 20-year lease renewal at the Port of Mombasa, extending his monopoly grip on bulk grain imports into East Africa.
Kenyan billionaire Rasik Kantaria's FMB Capital stake slips below $1 billion
Kenyan billionaire Rasik Kantaria sees FMB Capital stake fall below $1 billion after share gains cool.
Kenyan billionaire Narendra Raval breaks ground on $500 million steel plant in Uganda
Devki’s $500 million Tororo steel plant, launched by Museveni and Ruto, aims for 15,000 jobs and a million tonnes a year.
Rasik Kantaria becomes Kenya’s first billionaire
Rasik Kantaria hits $1 billion as FMB Capital Holdings soars, marking a historic milestone in East Africa.
Kenyan billionaire Narendra Raval unveils $550 million steel plant in Uganda
Kenyan billionaire Narendra Raval launches a $550 million steel plant in Uganda, expanding Devki Group’s regional footprint.
Kenyan tycoon David Langat eyes 2027 Governor bid in Nandi
Rift Valley tycoon David Langat says he may run for governor in 2027—likely in Nandi or Uasin Gishu—if grassroots support coalesces behind him.
Kenyan billionaire Humphrey Kariuki named IUCN Patron of Nature in Abu Dhabi
Businessman and conservation advocate Humphrey Kariuki becomes the first African named a Patron of Nature by IUCN, cementing his role in global biodiversity efforts.
Kenyan tycoon David Langat finally pays Tanzanian tea farmers after several years
Kenyan businessman David Langat has started paying long-overdue debts to Tanzanian tea farmers, seven years after buying three major firms. His move signals a fresh start for the struggling industry.
Billionaire heiress Mary-Ann Musangi tapped to lead Kenya’s tourism rebrand
Mary-Ann Musangi, heir to Chris Kirubi’s business empire, will chair the 23-member task force tasked with repositioning “Magical Kenya.”
Kenyan oil tycoon Abdinasir Ali Hassan eyes Mozambique gas, energy deals
Abdinasir Ali Hassan's Hass Petroleum, which distributes petroleum products in more than 11 countries across East Africa, is looking to venture into upstream operations.
Co-op Bank Kenya CEO Gideon Muriuki raises stake with $1.57 million share purchase
Gideon Muriuki, CEO of Co‑operative Bank of Kenya, has boosted his personal stake in the lender by acquiring an additional 12 million shares valued at KSh 202.8 million (approximately US $1.57 million) — raising his stake from 2% to 2.2%.
Kenyan tycoon Adil Popat’s Simba Corp forges new partnership to propel agricultural growth
Simba Corp and Mahindra unveil cutting-edge tractor models across six branches.
7 companies owned by Kenyan businessman Sarbjit Singh Rai
Billionaires.Africa has identified and tracked various companies and assets linked to Rai.