Maheboob Alibhai, born and raised in Kenya, having studied business management at
Capillano College in Vancouver, British Columbia, Canada. He is the founder of a number
of successful start-up businesses in Eastern and Southern Africa, as well as acquiring
various existing businesses. He was actively involved in the acquisition of Phoenix of East
Africa Company Limited from Sun Alliance in the United Kingdom in 1992, subsequently
he founded the Phoenix Assurance Group of Companies as greenfield and licensed
operations in Tanzania (1999), Uganda (2003), Rwanda (2006), Zambia (2009),
Botswana (2009), Mozambique (2012), Namibia (2015) and Swaziland (2016). He is the
Chairman of the Phoenix Assurance Group of Companies which operate in Zambia,
Botswana, Mozambique, Namibia and Swaziland, and a Director of MUA Insurance
(Kenya) Limited, Phoenix of Tanzania Assurance Company Limited, MUA Insurance
(Uganda) Limited and MUA Insurance (Rwanda) Limited.
He is also the founder of micro-lending companies which operate in Kenya and Tanzania
under the name African Capital Limited, Cheza Hela Company Limited, a sports betting
company licensed by Betting Control and Licensing Board in Kenya.
He is in the process of establishing up market tented camps in Masai Mara, Lake
Manyara, Serengeti National Park and in Zambia.
He also founded Tek Box Limited in Kenya to provide Business Processing Solutions
together with the latest technology, a Call Centre based in Nairobi. The company will be
providing Business Processing Solutions to various organisations all over Africa.
He was previously involved in other businesses including banking, supermarkets,
automobile assembly and distribution, theatres, casinos, manufacturing of biscuits,
manufacturing of plastics and trading.
In the mid 1980’s he had acquired Marshalls Group of Companies in Kenya and Tanzania
from Marshalls Universal Plc United Kingdom. This included the assembly and distribution
of Peugeot, Volvo trucks, Honda cars, Honda motorcycles and Honda power generators.
Marshalls was also a shareholder of AVA, a vehicle assembly plant in Mombasa, Kenya.
Had also acquired companies in Kenya, Tanzania and Uganda from public listed
companies in the United Kingdom.
In 1986 through his contacts in London acquired Fox Theatres E. A. Ltd in Kenya, being
a group of cinemas from Fox International USA.
Maheboob is a founder member of the Young Presidents’ Organization Chapter in Nairobi
– YPO Gold Nairobi Chapter, member of YPO Africa Great Lakes Chapter, YPO Africa
Great Leopard Valley Chapter, member of YPO Pan Africa Chapter, member of Chief
Executives’ Organization (CEO) and a founder member of TiE Africa