Africa is on the verge of one of the largest inter-generational wealth transfers in history, with an estimated 2.5 trillion dollars of wealth expected to be passed down from pioneering business founders. Experts however warn that African and indeed Kenya family-owned businesses may not be prepared for this transition. This was revealed at the Nairobi Private Wealth Conference, where experts called on business founders to begin succession planning early to ensure preservation of wealth on the continent.
