Equity Deals

EQUITY DEALS2mins ago

Absa Group agrees to sell 63.32% stake in First Assurance, Absa Life Assurance

Absa Group has agreed to sell its majority stakes in Absa Life Assurance Kenya and First Assurance Kenya Limited as the lender retreats from direct insurance ownership across Africa.

Wananchi Group report a profit of Sh1.8bn in 2025

Wananchi Group, the parent company of Pay-TV and internet provider Zuku and enterprise connectivity provider Simbanet, has reported a revenue of Sh9.2 billion and a net profit of Sh1.8 billion for the year ended December 31, 2025.

EARNINGS14 Apr

Leapfrog's Fund agrees to sell its 24% stake in ICEA Lion

LeapFrog Strategic Africa Investments (LSAI) has agreed to sell its 24 per cent stake in ICEA Lion Insurance Holdings as part of a strategic review to redeploy capital into higher-return opportunities.

EQUITY DEALS17 Feb

Government to sell 15% stake in Safaricom for Sh204.3bn

The government has entered into an agreement with Vodafone Kenya to sell its 15 per cent stake in Safaricom and future Safaricom dividends amounting to Sh55.7 billion for Sh244.5 billion.

EQUITY DEALS8 Dec

KCB Group to acquire minority stake in Pesapal

KCB Group has entered into an agreement to acquire a minority shareholding in payment service provider PesaPal

EQUITY DEALS3 Nov
EQUITY DEALS29 Sept

Kenya’s Zanifu gets funding from Yango Ventures

Zanifu, a Kenya fintech company that provides working capital to MSMEs, has secured new investment of undisclosed amount from Yango Ventures.

EQUITY DEALS18 Sept

South African private equity firm invests in Watu

South African private equity firm, Metier, has invested an undisclosed amount in Watu Group, through its fund, Capital Growth Fund III.