The EastAfrican<\/em>, and the launch of NTV Kenya and Easy FM.<\/p>\nThe group also expanded regionally through investments in Uganda and Tanzania, strengthened its digital presence, launched the Newspapers in Education programme and installed a $20 million state-of-the-art printing press in 2016.<\/p>\n
For Azizi, the acquisition represents an opportunity to accelerate NMG\u2019s digital transformation. Taarifa Ltd said it currently has no plans to make a mandatory or voluntary offer for the remaining shares or to delist the company.<\/p>\n
\u201cWe are honoured and deeply committed to becoming the majority shareholder of Nation Media Group. NMG is an institution of profound importance to East Africa, and we will uphold its editorial independence while investing in its continued success as the region\u2019s leading independent media organisation,\u201d Azizi said.<\/p>\n
Azizi is also behind the Sh16 billion Taifa Gas project in Dongo Kundu, Mombasa County. The LPG storage and distribution plant, developed by Taifa Gas Investments SEZ Limited, is about 80 percent complete and expected to be operational soon.<\/p>\n
Despite exiting NMG ownership, AKFED said it will continue supporting journalism training through the Aga Khan University Graduate School of Media and Communications (GSMC), which offers programmes in digital journalism, media leadership, innovation and strategic communications.<\/p>\n
Over the past decade, GSMC has graduated more than 200 postgraduate professionals and trained more than 7,000 media practitioners across East Africa through various programmes, public forums and masterclasses aimed at strengthening journalism in the region.<\/p>","protected":false},"excerpt":{"rendered":"
NAIROBI, Kenya Mar 10 \u2013 The Aga Khan Fund for Economic Development (AKFED) has announced it will exit its 66-year investment in Nation Media Group (NMG), ending a long-standing partnership with one of East Africa\u2019s most influential media houses. AKFED will sell its entire shareholding in NPRT Holdings Africa Limited\u2014the investment vehicle that holds a […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-133797","post","type-post","status-publish","format-standard","hentry","category-uncategorized","entry"],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/posts\/133797","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/comments?post=133797"}],"version-history":[{"count":0,"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/posts\/133797\/revisions"}],"wp:attachment":[{"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/media?parent=133797"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/categories?post=133797"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/tags?post=133797"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
![<\/a>Taifa Group Founder, Rostam Azizi, and Sultan Ali Allana, Director of the Aga Khan Fund for Economic Development (AKFED), sign transaction documents at Serena Hotel, Nairobi, on March 10, 2026. Following the signing, Taifa Group\u2014through its affiliate Taarifa Ltd\u2014acquired the entire shareholding previously held by AKFED in NPRT Holdings Africa Limited (NPRT), a Kenyan private limited liability company that holds the majority stake in Nation Media Group<\/p>\nAKFED Director Sultan Allana said the fund was proud of its role in building one of Africa\u2019s most respected media institutions.<\/p>\n\u201cAKFED is proud of its contribution to building one of Africa\u2019s most respected media institutions. We are confident NMG will continue to uphold the values of independent journalism and service to the public that have defined it for over six decades,\u201d he said.<\/p>\nDuring its stewardship, AKFED oversaw several milestones at NMG, including the launch of the Daily Nation<\/em> and Sunday Nation<\/em>, the company\u2019s listing on the Nairobi Securities Exchange in 1973, the establishment of The EastAfrican<\/em>, and the launch of NTV Kenya and Easy FM.<\/p>\nThe group also expanded regionally through investments in Uganda and Tanzania, strengthened its digital presence, launched the Newspapers in Education programme and installed a $20 million state-of-the-art printing press in 2016.<\/p>\nFor Azizi, the acquisition represents an opportunity to accelerate NMG\u2019s digital transformation. Taarifa Ltd said it currently has no plans to make a mandatory or voluntary offer for the remaining shares or to delist the company.<\/p>\n\u201cWe are honoured and deeply committed to becoming the majority shareholder of Nation Media Group. NMG is an institution of profound importance to East Africa, and we will uphold its editorial independence while investing in its continued success as the region\u2019s leading independent media organisation,\u201d Azizi said.<\/p>\nAzizi is also behind the Sh16 billion Taifa Gas project in Dongo Kundu, Mombasa County. The LPG storage and distribution plant, developed by Taifa Gas Investments SEZ Limited, is about 80 percent complete and expected to be operational soon.<\/p>\nDespite exiting NMG ownership, AKFED said it will continue supporting journalism training through the Aga Khan University Graduate School of Media and Communications (GSMC), which offers programmes in digital journalism, media leadership, innovation and strategic communications.<\/p>\nOver the past decade, GSMC has graduated more than 200 postgraduate professionals and trained more than 7,000 media practitioners across East Africa through various programmes, public forums and masterclasses aimed at strengthening journalism in the region.<\/p>","protected":false},"excerpt":{"rendered":"NAIROBI, Kenya Mar 10 \u2013 The Aga Khan Fund for Economic Development (AKFED) has announced it will exit its 66-year investment in Nation Media Group (NMG), ending a long-standing partnership with one of East Africa\u2019s most influential media houses. AKFED will sell its entire shareholding in NPRT Holdings Africa Limited\u2014the investment vehicle that holds a […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-133797","post","type-post","status-publish","format-standard","hentry","category-uncategorized","entry"],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/posts\/133797","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/comments?post=133797"}],"version-history":[{"count":0,"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/posts\/133797\/revisions"}],"wp:attachment":[{"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/media?parent=133797"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/categories?post=133797"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/tags?post=133797"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}](\"https:\/\/www.capitalfm.co.ke\/news\/files\/2026\/03\/WhatsApp-Image-2026-03-10-at-21.33.53.jpeg\"){kind=link}