2.5K views · 63 reactions | Dismas Mokua: Recently, a group called Amsons came from Tanzania with plans to invest Ksh.400 million in the cement industry. This amount represents a huge FDI in Kenya. Many other investors are interested in doing the same, but can’t because there is no IEBC #CitizenDayBreak | Citizen TV Kenya | Facebook
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Business Insider Africa on Instagram: "Amsons Group, a Tanzanian conglomerate, has acquired a 29.2% stake in Kenya’s East Africa Portland Cement (EAPC) through its subsidiary Kalahari Cement. The $5.6 million deal positions Amsons as a major player in the Kenyan cement market. The acquisition has drawn scrutiny over potential undervaluation, with EAPC shares trading at more than double the purchase price. This move signals a growing challenge to Dangote Cement’s dominance in East Africa."
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