The Aga Khan Fund for Economic Development (AKFED) has announced it has agreed to sell its 100% shareholding in NPRT Holdings Africa Limited (NPRT) to Taarifa Ltd, which is owned by Tanzanian businessman Rostam Azizi. In a statement on Tuesday, Aga Khan noted that NPRT holds a 54.08% shareholding in Nation Media Group PLC (NMG), comprising 92,618,177 ordinary shares. The transaction marks the conclusion of AKFED’s 66-year association with the Nation Media Group, which began in 1959. NMG’s new largest owner, Azizi, has experience across multiple sectors, including media, mining, telecommunications, agriculture, real estate, port facilities, energy, and construction. “We are honored and deeply committed to becoming the majority shareholder of Nation Media Group.

Source: Daily Nation March 10, 2026 22:33 UTC