Dangote-Linked Firm Buys Kenya's Oldest Tour Operator

Tycoon Aliko Dangote Buys Kenya Pollman's Tours and Safaris

Nigerian billionaire Aliko Dangote, through his investment firm Alterra Capital, has purchased Kenya’s famous Pollman’s Tours and Safaris for about Sh4 billion, which is around $31 million. This is Dangote’s second big investment in Kenya. His first was buying the well-known Java House restaurant chain. Pollman’s Tours and Safaris is a top name in Kenya’s […] Source

Dangote-Linked Firm Buys Kenya's Oldest Tour Operator

Africa Travels Investment, backed by Africa’s richest man, Aliko Dangote, has acquired Kenya’s oldest tourism company, Pollman’s Tours and Safaris, in a move set to energize the country’s tourism sector. The acquisition was approved by Kenya’s Competition Authority, which stated that the deal raised no red flags regarding market competition. The agency also assured industry […]

Kenya's Richest Men and Women Reveal Their First-Choice Investments

Kenya's wealthy are adjusting their investment strategies in response to rising global economic uncertainty, shifting away from residential and foreign assets in favour of more liquid, higher-yielding opportunities within the country.

Firm linked to World’s richest Black man acquires Kenya’s oldest tour company

Key PointsAfrica Travel Investments, linked to Aliko Dangote, won approval to acquire Pollman’s Tours and Safaris, signaling rising global interest in Kenya’s tourism sector.Kenya’s Competition Authority cleared the deal, saying it will not hurt competition among tour operators, with over 300 players keeping the market open.Alterra Capital Partners, backed by Dangote and U.S. billionaires, is expanding in Africa after recent deals like acquiring…