Centum Investment Group News

James Mwangi, CEO, Equity Bank (L); James Mworia, CEO, Centum Investment Group; Bob Collymore, CEO, Safaricom

Centum's James Mworia beats Mwangi, Collymore as Kenya's best paid CEO

James Mworia, Centum Investment Group’s Chief Executive, is corporate Kenya’s best paid CEO with an annual compensation of Sh201.1 million (Approximately $2 million).

Two Rivers - Kenya

Check out these four mega mall developments soon to be launched in Africa (Photos & Videos)

It’s one of the clearest expressions of the growing middle class in many African countries — a burgeoning demand for shopping malls, each more lavish than the one before.

Two Rivers, Nairobi, Kenya: The development is a wholly-owned subsidiary of Centum.

Centum Investment Company - Building Value in Kenya: Ryan Hoover, Investment Analyst, Africa Capital Group

It’s gut check time for Kenya investors. The Nairobi Securities Exchange’s main index has lost 31.7% in U.S. dollar terms since the start of the year in response to security concerns, China’s slowing growth, and a brief experiment with a 5% capital gains tax.

James Mworia, CEO, Centum Investment Group

How Centum's 37-year-old James Mworia rose from intern to CEO in just seven years

When James Mworia joined Nairobi-based investment company Centum in 2001 as a 23-year-old intern, his ambition was to “become CEO someday”.

James Mworia, CEO, Centum Investments

Kenya's Centum pursuing sales to fund power & real estate deals, says CEO James Mworia

Kenya’s Centum Investment is working on selling its stakes in several firms to fund new investments in power plants, real estate and other areas, its chief executive said.

Garden City Mall, Nairobi, Kenya (Illustration)

The scramble for Kenya's growing middle class: Blitz of mall developments hits Nairobi (Photos)

Nairobi’s shopping landscape is changing drastically with the ongoing construction of several malls and hotels within the city – all scrambling for the attention of the city’s growing middle class.

AfricInvest

AfricInvest to exit its investment in Kenyan Insurance Company UAP Holdings

AfricInvest, a leading pan-African SME-focused private equity firm, is pleased to announce that its AfricInvest Fund II (“AFII”) and AfricInvest Financial Sector (“AFS”) Fund, along with two other investors, Aureos Africa Fund (managed by Abraaj) and Swedfund, entered into an agreement to sell their 37.3% collective stake in UAP Holdings Limited (“UAP”) to Old Mutual Holdings, a wholly-owned subsidiary of Old Mutual plc (“Old Mutual”) for KES 14.2 billion (approximately USD155.5 million).

Chris Kirubi, Chairman of Centum Investment Company

Kenya's Centum to sell insurance firm stake to Old Mutual

Kenya’s Centum Investment Company said it had agreed to sell its 13.75 percent stake in regional insurance firm UAP Holdings to Anglo-South African financial services company Old Mutual.

James Mworia, CEO, Centum Investment Group

Centum of Kenya Sees Fivefold Asset Increase Under New Strategy

Centum Investment Co., Kenya’s largest publicly traded investment group, sees assets under management increasing fivefold by 2019 as it starts a new business plan.