Tanzanian tycoon Edha Nahdi acquires stake in East African Portland Cement for $12 million

Billionaires Africa | 29.11.2025 16:19
Tanzanian tycoon Edha Nahdi has struck a deal to buy the National Social Security Fund’s 27% stake in East African Portland Cement for Sh1.6 billion, cementing his push for control of the listed manufacturer.