Tanzanian billionaire Edha Nahdi tells African businesses to stop waiting for foreign donors and start funding the continent themselves

Billionaires Africa | 19.05.2026 20:08
Edha Nahdi does not usually seek the podium. The 40-year-old Tanzanian founder of Amsons Group has spent two decades building one of East Africa's most consequential private industrial conglomerates largely in the shadows, acquiring Kenya's largest cement company, expanding into petroleum, transport, flour and real estate across six countries, all with a minimum of public commentary. In Kigali last week, he made an exception.