3. Ngina Kenyatta
Popularly known as Mama Ngina, Ngina Kenyatta is the widow of Kenya’s first president, Jomo Kenyatta and she is one of the richest women in Africa. Though she has mostly undeclared wealth but would not pass without mentioned among the wealthiest Ladies in Africa. The 80-year-old charitable and welcoming Mama Ngina who now lives more of a reclusive life gained a lot of respect from Kenyan citizens for her stand in defending and promoting the family’s business interests which cuts across the banking, farming, education, insurance, hospitality, manufacturing and real estate sectors.
Mama Ngina Kenyatta currently has a series of investments, stakes and portfolios under her authority. She is a major share holder in one of the largest privately owned banks in Kenya: the Commercial Bank of Africa (CBA), and a chain of hotels (Heritage). The list is almost endless and also includes Brookside Dairies which is an East African leader in the dairy industry with market share reaching from East Africa to the Middle East. Media Max; a media company and Timsales Timber are also part of her portfolio. The latest investments is in the real estate sector and involves the development of a 500 acre Northlands City which is hoped to be the largest gated community in the region.