Tanzanian billionaire Edha Nahdi gives $35 million to build 10 hospitals in Kenya
Amsons Group broke ground on the first of 10 mother and baby hospitals it is funding across Kenya with a $35 million grant, Ruto announced.
Edha Nahdi
Billionaires Narendra Raval, Edha Nahdi bet $600 million on clinker as Sarbjit Rai enters cement business
Narendra Raval's West Pokot plant and Edha Nahdi's Kwale project commit roughly Sh77 billion ($600m) to clinker, the input East Africa has always imported. Now Sarbjit Singh Rai has filed for a third plant in Nyeri.
Forbes counts one Tanzanian billionaire, but three others are writing nine-figure cheques
Forbes lists one Tanzanian billionaire. Three others have committed hundreds of millions to acquisitions in the past two years, exceeding their published valuations.
Tanzanian billionaire Edha Nahdi's cement bets pay off as EAPC profit jumps five-fold
Tanzanian tycoon Edhah Abdallah Munif's investments in Kenya's two biggest cement companies are already paying off handsomely, with both posting sharply improved financial results.
Tanzanian billionaire Edha Nahdi's Amsons Group is in advanced talks to acquire Oryx Energies for $250 million
Tanzania's Amsons Group is in advanced talks to acquire Geneva-based Oryx Energies for $250 million, including its Tanzania fuel and LPG assets.
Tanzanian billionaire Edha Nahdi tells African businesses to stop waiting for foreign donors and start funding the continent themselves
Amsons Group CEO Edha Nahdi told the Africa CEO Forum in Kigali that African businesses must stop depending on foreign donors and take ownership of the continent's development financing.
Tanzanian billionaire Edha Nahdi commits $35 million to build 10 mother-and-child hospitals across Kenya in the largest private-sector health grant in the country's history
Tanzanian billionaire Edha Nahdi has pledged $35 million to build 10 Level 4 mother-and-child hospitals across Kenya in the largest private health grant in the country's history.
20 businesses owned by Tanzanian billionaire Edha Nahdi
Inside Edha Nahdi’s 20 key businesses, from fuel and cement to logistics and smart grid technology, as Amsons expands across East Africa.
Kenya clears Tanzanian billionaire Edha Nahdi’s bid for NSSF stake in East African Portland Cement, but orders 18 months of job protection
Kenya’s competition watchdog cleared Amsons executive Edha Nahdi’s firm to buy NSSF’s Portland Cement stake, with an 18 month job lock.
Tanzanian billionaire Edha Nahdi's Amsons Group to inject $201.7 million into East Africa Portland Cement in bid to quadruple output
Amsons Group will inject Sh25.8bn ($201.7m) into East Africa Portland Cement, aiming to lift output to 4 million tonnes within three years.
7 African billionaires who invested $100 million or more in Africa over the last two years
Africa’s richest investors are back in build mode, writing nine figure cheques for refineries, cement, power, AI infrastructure and gold.
7 African Billionaires Betting Big on Cement
From Lagos to Casablanca, homegrown moguls turned limestone into fortunes, reshaping Africa’s cement map and building booms.
Tanzanian tycoon Edha Nahdi's Bamburi Cement signs $250 million clinker plant deal in Kenya
Edha Nahdi’s Bamburi Cement signed a $250 million EPC deal with China’s Sinoma to build a 1.6m-tonne clinker plant on Kenya’s coast, manufacturing boost.
Tanzanian tycoon Edha Nahdi acquires stake in East African Portland Cement for $12 million
Tanzanian tycoon Edha Nahdi’s Kalahari Cement moves to buy NSSF’s Sh1.6 billion stake in East African Portland, tightening its grip on Kenya’s cement market.
Edha Nahdi's Bamburi Cement launches concrete plant in Mombasa
Bamburi Cement, now owned by Edha Nahdi’s Amsons Group, has launched a new concrete plant in Mombasa to meet rising demand and fuel its recovery.
Edha Nahdi's recently acquired Bamburi Cement posts $7 million loss
Bamburi Cement, recently acquired by Tanzania’s Amsons Group, reported a $7 million net loss in 2024, driven by forex losses from the sale of its Ugandan unit.