Kenyan investor Baloobhai Patel buys additional Absa stake worth $1.3 million

Billionaires Africa | 20.01.2026 23:09
Kenyan investor Baloobhai Patel has increased his holding in Absa Bank Kenya, buying shares worth about Ksh169.9 million ($1.32 million) over four months to December 2025 and reinforcing his position as the lender’s top individual shareholder.