In a significant move within the East African cement industry, Tanzania’s Amsons Group has acquired a controlling stake in Bamburi Cement for a staggering KSh 23 billion (approximately $150 million USD). This acquisition marks a major shift in the regional cement landscape and signals Amsons Group’s ambitious expansion plans. A Landmark Deal for East Africa’s […]
Thirteen individuals have been apprehended in Kenya for engaging in the illegal repackaging of cement, a practice that significantly compromises the quality of the final product and poses a serious threat to consumers and the construction industry. This crackdown highlights a growing concern regarding substandard building materials and the need for stricter regulations within the […]
The African entrepreneurial landscape is experiencing a significant boost thanks to MoMo Coach, a groundbreaking initiative supporting nearly one million small business owners across Sub-Saharan Africa. This remarkable achievement is the result of a powerful partnership between Mastercard, MTN Group, Fintech, and Arifu – a collaboration that’s transforming the way small businesses access crucial resources […]