Old Mutual Holdings Plc, a regional insurance company, is preparing to sell its entire real estate portfolio in East Africa as it exits the underperforming real estate market. Among the assets up for sale is the iconic 31-story Old Mutual Tower located in the Upper Hill district of Nairobi, Kenya. This decision is part of…...
Trending
- EBID and Global Green Growth Institute seal $600,000 seed fund to boost climate-smart agriculture in West Africa
- ECOWAS Bank for Investment and Development (EBID) and Republic of Colombia forge historic south-south partnership
- The Chadian banking sector: buzzing but a noticeable increase in non-performing loans
- Senegal accelerates the digitalization of its health insurance system to ensure universal coverage
- Ghanaian group Cybele Energy obtains block S7 and enters Guyanese offshore
- IMF: Agreement on the 4th review of the Ethiopian program and disbursement of 261 million USD expected
- Namibia: Chinese uranium producer invests in country’s second desalination plant
- Exclusive interview with N’Golo Sanogo, CEO of AFG Assurances
Old Mutual plans to exit East Africa with $150 million asset sale
Muthoga Mungania
Muthoga Mungania is an award-winning, Nairobi-based multimedia journalist covering economic, corporate, financial, tech and investor relations matters among other business stories. Muthoga is seasoned in data and market analysis, corporate finance, and economic trends, making them a trusted voice in East African business journalism, communications and consultancy.
Add A Comment
About us
Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, give meaning to statistics….
Contact us: redaction@financialafrik.com