About the author
Ashish J. ThakkarChairman of the Global Entrepreneurs Council Founder, Mara Group & Mara Foundation Ashish founded his first business in 1996 at the age of 15 with a $5,000 loan. Since then, he has established and driven the growth of Mara Group from a small IT business in Uganda to the globally recognised multi-sector investment group that exists today. Through its investments and operations, Mara Group now employs over 11,000 people across 22 African countries in sectors spanning financial services, infrastructure, real estate and technology (incl. e-commerce and social media). Examples of Mara’s businesses include:
- Atlas Mara: A joint venture with Atlas Merchant Capital – a firm founded by Bob Diamond, former CEO of Barclays. Since its 2013 LSE listing, the entity has announced the acquisition of three banks, giving it an immediate presence in seven African countries.
- Mara Diversified Property Holdings: A JSE listed real estate fund set up to invest in brown and green field mixed-use developments across Africa. The fund has been formed via a partnership between Mara, Standard Banks and two African real estate players.