Edhah Nahdi still downplays his riches, brushes off 'tycoon' label as media exaggeraton

Tanzanian businessman Edhah Nahdi.

Photo credit: File | Nation Media Group

At just 40, Edhah Nahdi, the Tanzanian businessman behind the recent takeover of East African Portland Cement Company (EAPCC), already has the demeanor of an older billionaire who understands the limits of wealth and the preciousness of time.

Even after clinching two mega deals in the lucrative cement sector in under a year, boosting his net worth in the process, the founder of the Tanzanian conglomerate Amsons Group still downplays his riches, brushing off the “tycoon” label as nothing more than a media exaggeration.

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