Kenyan Entrepreneur Julius Mwale Wins U.S. Court Case Over $1.7 Million Loan

Kenyan entrepreneur Julius Mwale, the founder of the $2 billion Mwale Medical and Technology City (MMTC) in Butere, Kakamega County, has won a major court case in the United States.

A federal court in New York dismissed a $1.7 million lawsuit that had been filed against Mwale and his wife, Kaila, by an American couple, Mathew and Brooke Shaw.

The case, initially filed in Utah, was moved to New York after a judge ruled Utah had no authority over the matter. Just 11 days after the case was transferred, the Shaws dropped it completely.

Mwale’s legal team said the claims were baseless and had already been resolved in a settlement signed in 2023. That agreement not only settled the matter but also barred any future lawsuits over the same issue.

The Shaws had accused Mwale of misleading them over a business loan related to projects in the Democratic Republic of Congo and the MMTC project in Kenya. But court documents showed that the parties had already reached a binding agreement more than a year ago.

Beyond the court case, documents revealed Mwale’s business ties in the U.S., including collaborations with Tesla on MMTC’s solar energy projects and connections with prominent Americans like former U.S. ambassador Meg Whitman, former presidential candidate Mitt Romney, and artist-entrepreneur Akon.

Also Read: Kenyan Billionaire Mwale Launches First Marathon in His City in Kakamega

MMTC, which provides advanced healthcare, education, and clean energy to underserved communities, has now expanded to 12 other African countries.

Mwale’s ambition is to build 18 smart cities across the continent by 2050, potentially improving the lives of up to 800 million people.

MMTC recently hosted events like the FESTAC Business Conference and a marathon to raise funds for healthcare.

His model hospital, Hamptons Hospital, has already been replicated in Suriname. In May 2025, Mwale attended the Milken Conference in Los Angeles to explore new partnerships with global investors.

In June 2024, he signed a deal with Zambia’s Industrial Development Corporation to support smart city development, mining, and agriculture.

Similar agreements have been reached in Ghana, Botswana, Congo, and Sierra Leone—all part of Mwale’s broader mission to transform Africa’s healthcare and infrastructure sectors.