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
- The Challenge of Mathematical Provisions in Life Insurance: The Actuary’s Challenge
- Banks: Shareholders of the Ivorian Bank Company will receive their 2025 dividends on July 31, 2026
- Togo raises 33 billion CFA francs in treasury bonds on the UMOA financial market
- Mouhamad Rassoul Dieng: “Africa must turn its ambitions into financeable projects”
- Nigeria: BIDC finances three transformative projects in Taraba State for $268 million
- Cameroon: Nearly 55 million USD to structure the local wheat sector
- Burkina Faso officially breaks diplomatic relations with France
- Negotiation of the United Nations Framework Convention on Tax Cooperation: a turning point for African States and civil society
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