Mara Group Explained

Mara Corporation
Type:Private limited company
Industry:Conglomerate
Founder:Ashish J. Thakkar
Location City:Dubai
Location Country:United Arab Emirates
Area Served:Africa, Middle East and Indian Sub-Continent
Key People:Jagdish Thakkar,
Chairman
Ashish J. Thakkar
Founder and CEO
Products:Financial services
Infrastructure
Technology
BPO
Real Estate
Investment Advisory
Num Employees:Approximately 11,000 (2014)

Mara Corporation is a multi-sector business services company. It operates in the technology, financial services, manufacturing, real estate and agriculture industries.

The company was founded by Ashish J. Thakkar in 1996, and is now active in 24 countries and employs more than 11,000 people. It is headquartered in Dubai, United Arab Emirates.

Description

Mara was founded by Ashish J. Thakkar, in 1996. The company grew into an international multi-sector business, with operations and interests across 24 countries including 22 in Africa.[1] In 2010 Mara Group was selected by the World Economic Forum as a Global Growth Company.[2] The company is active in 22 countries and, through its investments and operations, employs more than 11,000 people.[3]

The Mara Foundation was founded in 2009 and is the company's social enterprise project. It provides African entrepreneurs with resources for online mentor-ship, business incubation and funding.[4]

Mara Phones

Mara Phones part of the Mara Corporation launched smartphone factories on the African Continent in October 2019. Kigali, Rwanda was the inaugural location for the Mara Phones manufacturing facility and Durban, South Africa opened shortly after.[5]

Mara Phones has launched two models, the Mara X and Mara Z.[6]

Mara Phones Lab

Mara Phones Lab is the technology arm of Mara Phones.

Notes and References

  1. Web site: Ashish Thakkar - Mara Group - Naseba . 27 March 2023 . naseba.com.
  2. Web site: 19 November 2013. List of Global Growth Company Members As of 19 November 2013. 1 August 2014. World Economic Forum.
  3. Web site: The lion's roar: Ashish J Thakkar's rise from Rwanda genocide to $1bn powerhouse. 12 December 2014. 30 January 2015. Arabian Business.com.
  4. Web site: UN Women And Mara Foundation Announce Partnership To Support Women Entrepreneurs. 29 January 2014. 1 August 2014. United Nations Entity for Gender Equality and the Empowerment of Women.
  5. Web site: 8 October 2019 . Rwanda launches first 'Made in Africa' smartphones . 23 March 2023 . reuters.com.
  6. Web site: 9 October 2019 . Rwanda just released the first smartphone made entirely in Africa . 23 March 2023 . fastcompany.com.