Malawis richest man, Hitesh Anadkat, gained 1.69 billion in 2025 from his stake in FMB Capital Holdings as the banks shares climbed on the Malawi Stock Exchange. By year-end, the value of his holding reached 2.05 billion, placing him among Africas top business figures.
The gains reflect investor confidence in FMB Capital, a regional lender expanding beyond Malawi. The group has delivered consistent earnings growth while extending its operations across Southern Africa. The stocks performance has outpaced concerns over thin liquidity and limited market depth, highlighting demand for shares in smaller African financial markets.
A founders long bet pays off
