Africa’s richest man just added Java to his billionaire brew
29 January 2025
Africa’s richest man, Aliko Dangote, isn’t just sipping coffee—he’s buying the whole café. Dangote, through his private equity firm Alterra Capital, is teaming up with Phatisa Group to snag Java House, East Africa’s beloved coffee and dining chain. The deal, which still needs a green light from regulators, sees the duo acquiring the chain from UK-based Actis. While the price tag remains a mystery, the buzz is real.
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