I&M Group receives Ksh. 4.19B investment from East Africa Growth Holdings

May 21, 2025 Majira Media

I&M Group PLC has announced that it has received Ksh. 4.19 billion in capital from the sale of 86.5 million new ordinary shares to East Africa Growth Holdings (EAGH). EAGH is a special purpose vehicle backed by leading global impact investors AfricInvest, FMO, and Norfund at Ksh. 48.42 per share. This represents an 81% premium
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