Tanzania—once a socialist nation that eschewed wealth accumulation— is now prodigiously minting billionaires and is one of the leading sources of capital to Kenya.
In the last decade, tycoons from Dar es Salaam have injected at least $340.6 million (Sh45 billion) into Nairobi, setting up a fierce supremacy battle with their Kenyan rivals in sectors such as cement, energy and finance.
