NAIROBI, Kenya Mar 10 – The Aga Khan Fund for Economic Development (AKFED) has announced it is exiting its 66-year investment in Nation Media Group (NMG), ending a long-standing partnership with one of East Africa’s most influential media houses. The sale gives Taarifa Ltd majority ownership of NMG, comprising 92,618,177 ordinary shares, while NMG shares will continue trading on the Nairobi Securities Exchange and other cross-listed platforms. President William Ruto and Tanzania Tycoon Rostam Azizi at the Taifa Gas launch in Mombasa, 2023. “We are honored and deeply committed to becoming the majority shareholder of Nation Media Group. While AKFED exits ownership, it will continue to support journalism education through the Aga Khan University Graduate School of Media and Communications (GSMC), which offers programs in digital journalism, media leadership, innovation, and strategic communications.

Source: Daily Nation March 10, 2026 17:51 UTC