Alterra Capital, a fund backed by Africa’s richest man Aliko Dangote has acquired Kenya’s old company, Pollman’s for $30.95 million (Ksh4 billion). In a notice from the Competition Authority of Kenya (CAK), Africa Travel Limited will acquire 100 percent stake in Pollman’s Tours and Safaris. Alterra Capital Partners, an Africa-focused private equity firm, is behind…...
Trending
- Arnold Ekpe returns to the helm: a new lease of life for Dangote Sugar
- Tunisia: Budget shows a surplus of over 591 million euros as of March 31, 2025
- Uganda: Umeme electricity company records a net loss of $140 million in 2024
- Ivory Coast unveils its $100 billion ambition to investors in Osaka
- African Airlines among those banned by the EU
- Wafa Assurance Starts 2025 with Growth, Driven by Geographic Diversification and Solid Fundamentals
- Kenya, Rwanda, Uganda linked in gold smuggling from war torn DRC, Sudan
- Foreign companies dominate the most admired brands in Africa in 2025, a new report shows