Mudavadi’s investment firm set to complete multi-billion shilling purchase for Absa’s stakes

Mudavadi and Timamy-linked investors will pay KSh 3 billion to buy Absa’s 63.3% stakes in two Kenyan insurers, reversing their 2015 sale, pending approval.

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Oct 19, 2026 - 08:45
Mudavadi’s investment firm set to complete multi-billion shilling purchase for Absa’s stakes
Mudavadi and Timamy-linked investors will pay KSh 3 billion to buy Absa’s 63.3% stakes in two Kenyan insurers, reversing their 2015 sale, pending approval.
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