Wealthy Kenyan politician Musalia Mudavadi's firm to pay Absa $23 million for two insurers
Billionaires Africa | 19.10.2026 01:05
An investment company owned by Kenyan politician Musalia Mudavadi will pay Absa Group Ltd. 3 billion shillings ($23.2 million) for controlling stakes in two Kenyan insurers, a price below the 3.8 billion shillings the bank had been expected to seek.
