Amethis takes minority stake in Kenyan supermarket chain Naivas

Amethis takes minority stake in Kenyan supermarket chain Naivas

Amethis, an Africa-focused investment fund manager, and its partners have bought a minority stake in Kenyan supermarket chain Naivas Group. The other investors joining the France-based Amethis in the acquisition were DEG, MCB Equity Fund and World Bank Group member IFC. The financial details of the transaction were not disclosed. Founded in 1990 by the […]