Edha Nahdi Talks 380 Million Cement Expansion With Kenya's President

Amsons Group plans a 380 million investment to expand Bamburi Cement's operations, boosting Kenya's manufacturing capacity and job creation.

The acquisition of Bamburi Cement, Kenyas largest producer, strengthens Amsons' role in East Africas industrial sector, backed by Kenyan and Tanzanian governments.

With government backing, Amsons Group aims to become a leading cement producer in Kenya and Tanzania by 2030.

Tanzanian businessman Edha Nahdi, CEO of Amsons Group, recently met with Kenyas President William Ruto at State House, Nairobi, to discuss a significant 380 million investment aimed at expanding Bamburi Cements operations. This comes after Amsons Groups acquisition of Bamburi Cement , Kenyas largest cement producer, marking a major step forward for the Tanzanian firm in fostering regional economic integration.

The 380 million investment is set to boost Kenyas manufacturing capacity, create job opportunities, and contribute to the goals of the African Continental Free Trade Area AfCTA. With strong backing from both the Kenyan and Tanzanian governments, Amsons Group is poised to solidify its role as a key player in East Africas industrial landscape.

Founded in 2008, Amsons Group has transformed from a bulk oil importer into a diversified conglomerate, with interests spanning fuel, LPG, transportation, cement, and real estate. Under Nahdis leadership, the company has become a powerful force in East Africas infrastructure and industrial sectors.

Amsons Industries K Ltd, the companys Kenyan subsidiary, recently completed the 182 million acquisition of Bamburi Cement after gaining regulatory approval and securing the endorsement of 96 percent of the shareholders. This acquisition represents one of the largest cross-border takeovers by a Tanzanian company in East Africa, further cementing Amsons Groups growing influence in the regions infrastructure sector.

President Ruto welcomed the deal, reiterating Kenyas commitment to supporting investments that align with the countrys Vision 2030 and the objectives of the AfCTA. He emphasized the importance of strengthening economic ties between Kenya and Tanzania, highlighting the private sectors role as a key driver of growth.