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New report shows Kenyan billionaires are no match for their African peers

By Babu Tendu | 6yrs ago

A new report has found Kenya`s ultra-rich to be no match for their counterparts in Nigeria, South Africa, Egypt, Morocco and their East African neighbours in Tanzania.

Despite Kenya being listed as the fourth wealthiest African country with 365 people worth more than Sh1billion (US$10million), none of them has hit the US$1billion mark.

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