Amsons Group eyes Kenya for renewable energy push after $600mn Zambia solar deal
NAIROBI, Kenya, Dec 9 – Tanzanian conglomerate Amsons Group is accelerating its renewable energy ambitions in East Africa, following a Sh96 billion Kenya breaking news | Kenya news today |..
✨ Key Highlights
Amsons Group, a Tanzanian conglomerate, is expanding its renewable energy ventures into East Africa, particularly Kenya, following a significant Kenya Sh96 billion (US$600 million) deal in Zambia.
- The deal involves developing a 1 Gigawatt solar power plant in Zambia, the largest in Sub-Saharan Africa, through their subsidiary Africa Power Generation.
- Managing Director Edha Nahdi confirmed that Amsons Group is exploring renewable energy opportunities in Kenya, Tanzania, and Uganda.
- Amsons Group's recent acquisition of Bamburi Cement and a stake in East African Portland Cement strengthens its capacity for power generation expansion in Kenya.
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Amsons Group Expands in Kenya; Montran Appoints Regional Director for Africa - December 2025
Amsons Group, a Tanzanian conglomerate, is undertaking significant expansion in Kenya and the region. Through its subsidiary Kalahari Cement Ltd, the group has acquired a majority 69 percent controlling stake in East African Portland Cement Company (EAPCC) by purchasing the National Social Security Fund's (NSSF) 27 percent shareholding. Amsons Group is also expanding its renewable energy ventures into East Africa, with a particular focus on Kenya, following a Kenya Sh96 billion (US$600 million) deal in Zambia. In a separate corporate move, global fintech firm Montran appointed Wohoro Ndohho as Regional Executive Director for its Africa operations. Ndohho will be based in Nairobi to oversee regional expansion and guide the rollout of systems for central banks and financial institutions.
