Dar es Salaam, April 17 -- KENYA: The CEO of Amson Group, Edha Nahdi, has held talks with Kenyan President William Ruto regarding a major investment in the second phase expansion of Bamburi Cement factory, valued at USD 380m US dollars,about 960bn/-.

The discussions took place at the State House in Nairobi, Nahdi, who is only 37 years old, successfully acquired Bamburi Cement for USD 182m US dollars (approximately 500bn/-), marking the largest investment ever made by a Tanzanian outside the country.

According to investment sources, this investment surpasses the one made by businessman Rostam Aziz, who had previously invested in Kenya through his company Taifa Gas with an investment of  130m US dollars (about 338bn/-).

The acquisit...