Tag: Equity Group

Kenyan banker James Mwangi
MarketsLatest News

Kenyan banker James Mwangi’s Equity Group stake tops $100 million after rally

Kenya’s richest banker James Mwangi sees his Equity Group stake top $100 million as a 54 percent stock surge drives record Nairobi exchange gains.

Omokolade Ajayi Omokolade Ajayi
Equity Group & IFAD
BusinessHot News

Equity Group, IFAD launch $200 million climate finance plan for East Africa’s farmers    

Equity Group and IFAD launch a $200 million climate finance plan targeting farmers and rural businesses across East Africa.

Timilehin Adejumobi Timilehin Adejumobi
Equity Group headquarters in Nairobi, Kenya.
BusinessHot News

East Africa’s largest lender, Equity Group, sees first-half profit top $350 million

Equity Group’s first-half profit rose 32 percent to KSh45.5 billion ($352 million), driven by stronger lending and regional growth.

Omokolade Ajayi Omokolade Ajayi
Nairobi Securities Exchange
BusinessHot News

10 most valuable companies on the Nairobi Securities Exchange

Safaricom leads Kenya’s biggest listed companies as banks dominate the NSE’s top 10 by market value.

Timilehin Adejumobi Timilehin Adejumobi
Equity Group Headquarters
BusinessHot News

Equity Group, AMREF University partner to train Africa’s healthcare entrepreneurs

Equity Group and AMREF University expand Africa healthcare entrepreneurship through education, innovation, financing and research.

Timilehin Adejumobi Timilehin Adejumobi
Equity Bank Kenya HQ
Hot NewsBusiness

South African, Nigerian banks rush to Kenya but face fierce pushback from local giants

South African and Nigerian banks face a tough battle as they deploy major capital to break into Kenya’s $2 billion banking sector.

Omokolade Ajayi Omokolade Ajayi
Equity
BusinessHot News

Equity Group shareholders approve insurance expansion, $167 million dividend payout

Equity Group shareholders approve Kenya, DRC insurance expansion and KSh 21.7 billion dividend payout for FY2025.

Feyisayo Ajayi Feyisayo Ajayi
Kenyan banker James Mwangi
BusinessBillionairesHot News

Kenyan banking chief James Mwangi gains $12.1 million from Equity Group rally

James Mwangi’s Equity Group stake rises $12.1 million as shares climb 18.3 percent on Nairobi Securities Exchange amid strong earnings growth.

Omokolade Ajayi Omokolade Ajayi
Equity Group headquarters in Nairobi, Kenya.
BusinessHot News

Equity Group seeks approval for $26.8 million insurance expansion 

Equity Group seeks approval for a $26.8 million insurance expansion covering Kenya and DRC, adding new microinsurance and life units.

Timilehin Adejumobi Timilehin Adejumobi
Equity Group headquarters in Nairobi, Kenya.
Hot NewsBusiness

Equity Group’s Q1 2026 profit jumps 24 percent to $150 million on regional growth

Equity Group Q1 2026 profit rises 24 percent to $150 million on strong regional banking and digital income growth across East Africa.

Omokolade Ajayi Omokolade Ajayi
Equity Group headquarters in Nairobi, Kenya.
BusinessHot News

After $555 million profit, Equity targets Angola, Zambia, Mozambique acquisitions

After over $555 million profit in 2025, Equity Group eyes Angola, Zambia and Mozambique acquisitions as regional expansion accelerates.

Omokolade Ajayi Omokolade Ajayi
equity-group-center-building-nairobi-kenya
BusinessHot News

Equity Group boosts Tanzanian subsidiary with $19.8 million capital injection

Equity Group commits $19.8 million to its Tanzanian subsidiary, strengthening its balance sheet and expanding lending capacity

Timilehin Adejumobi Timilehin Adejumobi