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Originally published by Capital News
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November 24, 2025
20h ago

Abojani conference spotlights long-term wealth building in ownership push

Abojani conference spotlights long-term wealth building in ownership push

At the 5th Abojani Economic Empowerment Conference, leaders including Robert Ochieng and Bank of Kigali’s Diane Karusisi urged Kenyans to build productive assets, embrace the ownership economy, and plan for long-term wealth...

✨ Key Highlights

The 5th Abojani Economic Empowerment Conference in Nairobi, Kenya, strongly advocated for Kenyans to prioritize long-term asset ownership for wealth creation and financial independence, moving beyond short-term income survival. This initiative, championed by Abojani Investment CEO Robert Ochieng, signals a new focus on building an "ownership economy."

  • Abojani Investment CEO Robert Ochieng emphasized shifting from consumption to accumulating assets like equities, rental property, and government securities, citing information access, not income, as the biggest barrier.
  • Bank of Kigali CEO Dr. Diane Karusisi, a keynote speaker, highlighted Africa's "ownership gap," stating that economic independence stems from citizens owning productive assets that drive prosperity.
  • The Retirement Benefits Authority (RBA) Assistant Director for Market Conduct John Keah noted that pension assets have grown to KES 2.5 trillion, representing 15 percent of Kenya’s GDP, yet only 7.5 million of 30 million working adults save for retirement, a coverage rate of just 26 percent.

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