And here comes Tanzania’s newest billionaire

From right are, International Development Secretary United Kingdom, Mr Alok Sharma and   Safaricom Plc Chief Executives officer, Michael Joseph displays Pay-As-You-Go clean gas technology during the acquisition of Kopagas proprietary technology to UK Company during an event held in Nairobi Kenya. Looking on is Mr Andron Mendes inventor of Pay-As-You-Go clean gas technology. PHOTO | COURTESY

What you need to know:

Andron Mendes’ KopaGas innovation sold to United Kingdom-based Circle Gas in the largest ever pure private equity investment in the clean cooking technology sector and immediately catapults the young businessman into the Tanzania’s billionaires’.