Amsons Group to Buy Bamburi Cement for KSh23B

Amsons Group, a prominent manufacturing and energy company from Tanzania, is set to acquire up to a 100% stake in Kenya’s Bamburi Cement for $180 million (Sh23.2 billion), marking one of the largest investment deals within the East African Community (EAC). This acquisition, through its Kenyan subsidiary Amsons Industries Limited, underscores Amsons Group’s commitment to expanding its footprint in the East African cement sector and enhancing regional economic integration.

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Kenchic Expands into Beef with Kenbeef Launch

Kenchic, renowned for its poultry products, has launched Kenbeef, a new line of premium beef cuts catering to the growing demand for quality beef in Kenya. Jim Tozer, Managing Director of Kenchic, unveiled Kenbeef, featuring premium cuts like ribeye and sirloin, alongside processed items such as sausages, burger patties, and boerewors.

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Broadband Boost Reaches 10 African Countries

The AfricaBBMaps program has unveiled a groundbreaking €15 million funding initiative to enhance broadband mapping systems across eleven African countries from 2024 to 2027. The targeted nations include Malawi, Ivory Coast, Nigeria, Ethiopia, Kenya, Benin, Botswana, Zambia, Uganda, Burundi, and Zimbabwe. This initiative is set to revolutionize digital infrastructure and connectivity across the continent. Announced…

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Safaricom Surpasses Airtel in Deploying 5G Sites

Safaricom has surged ahead in the 5G race, now operating 803 5G sites across 43 counties in Kenya, as disclosed in its latest annual report. This significant milestone marks a notable shift from last year, where Safaricom trailed behind Airtel with 205 sites compared to Airtel’s 370. Now, Safaricom’s expansive network underscores its commitment to delivering super-fast internet speeds to customers nationwide.

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