Forbes Global (5-31-99)

Private companies with public virtues

The Aga Khan has financed over 100 small companies; some have gone public. (He backs Kenya's National Media Group privately.)

Company Sector Stock exchange Turnover Profits cap* Market (amount-yield†) Annual dividends
(US$mil)
Diamond Trust Bank of Kenya Commercial banking Nairobi, Kenya $27 $3.5 $24 $1,000,000-20%
Jubilee Insurance Co Insurance (general & life) Nairobi 19 2.8 16 1,000,000-35
Tourism Promotion Services Tourism Nairobi 20 2.5 8 640,000-20
Fittisac SA Packaging manufacture Abidjan, Cote d'Ivoire 60 11.0 33 2,500,000-45
New Jubilee Insurance Insurance (general) Karachi, Pakistan 11 2.3 9 600,000-25
National Media Group Media Nairobi 40 8.0 72 NA

Sources: Aga Khan Fund for Economic Development; Bloomberg Financial Markets.


Courtesy: Forbes

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