Kenya’s wealthy Kinuthia family, founders of Quickmart, set for $37 million IPO payday
Billionaires Africa | 08.10.2026 20:37
The Kinuthia family, which built Kenyan supermarket chain Quickmart from a single store in Nakuru, stands to collect about KSh 4.77 billion, or $36.8 million, as the retailer’s owners sell half the company in an initial public offering on the Nairobi Securities Exchange.