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.
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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.
The ruling adds to Kenya’s growing regulatory scrutiny of LPG projects, following past crackdowns by the EPRA on non-compliant firms.
Shirima was the founder of Precision Air, the largest privately held commercial airline in East Africa.
Under Awadh, Lake Group has become one of Africa’s fastest-growing energy, logistics, and construction supply material conglomerates.