Tanzanian tycoon Rostam Azizi has provided additional details on the proposed indirect acquisition of Nation Media Group (NMG) through his company, Taarifa Ltd, after announcing plans on Tuesday, March 10, 2026, to acquire the Aga Khan-owned media group. In a statement issued on Wednesday, March 11, 2026, Taarifa outlined how it intends to indirectly acquire
NCBA Group, currently in the process of being acquired by South Africa’s Nedbank, has explained why it chose the lender despite receiving multiple acquisition offers. Speaking to the media on Thursday, January 22, 2026, NCBA Group CEO John Gachora said the board prioritised a deal that would minimise disruption to the business, protect the company’s
I&M Group PLC has announced the successful acquisition of additional shares in I&M Bank (T) Limited (IMTz) in Tanzania. These shares were previously held by PROPARCO and Microfinance East Africa Ltd (MEAL). In a notice dated Friday, January 16, 2026, the Group confirmed that the acquisition followed the receipt of all necessary corporate and regulatory
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