Tanzanian tycoon urges African firms to fund continent’s future
Tanzanian businessman Edha Nahdi (third left) with fellow panelists during a side event organised by the Bill & Melinda Gates Foundation as part of the 2026 Africa CEO Forum in Kigali, Rwanda. PHOTO | COURTESY
Kigali. Tanzanian businessman Mr Edha Nahdi has challenged Africa’s private sector to reduce reliance on foreign donors and take a leading role in financing the continent’s future, warning that Africa risks slowing its own development if local companies fail to act.
Speaking at the 2026 Africa CEO Forum here, the Group Managing Director of Amsons Group said African firms must move beyond corporate rhetoric and become active players in healthcare financing, industrialisation and infrastructure development.
