Tanzania’s Amsons Group has made a $182.9 million offer to buy a 100 per cent stake in Kenya’s Bamburi Cement Plc, intending to later delist the company from the Nairobi Securities Exchange (NSE). Amsons Group through their investment vehicle Amsons Industries (K) Limited has offered to buy 362.9 million shares from the cement manufacturer at…...
Trending
- Tunisia: Ennakl Automobiles to pay a dividend of 30 million dinars for the year 2025
- Egypt: BP announces a new natural gas discovery in the Eastern Mediterranean
- CEMAC: Gabon, Cameroon, and Congo account for 80% of debt on the regional market
- DRC: $57.4 million raised on Treasury bonds, sustained growth in the foreign exchange market
- East Africa: Remittances threatened by tensions in the Middle East, warns the World Bank
- Ivory Coast: Zenith Bank opens a subsidiary in Abidjan
- Djibouti: Ismaïl Omar Guelleh re-elected for a sixth term with 97.81% of the vote
- Royal Air Maroc receives a new long-haul Boeing 787-8 Dreamliner aircraft
Tanzania’s Amsons Group seeks to buy Kenya’s Bamburi cement
Edha Nahdi, managing director of Amsons Group
Muthoga Mungania
Muthoga Mungania is an award-winning, Nairobi-based multimedia journalist covering economic, corporate, financial, tech and investor relations matters among other business stories. Muthoga is seasoned in data and market analysis, corporate finance, and economic trends, making them a trusted voice in East African business journalism, communications and consultancy.
Add A Comment
About us
Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, give meaning to statistics….
Contact us: redaction@financialafrik.com