Dangote-backed investors to acquire Kenyan coffee chain, Java House

Alterra Capital, an Africa-focused private equity fund with Dangote among its key investors, is partnering with Phatisa Group to purchase the restaurant chain from UK-based investment firm Actis for an undisclosed sum.

According to a Malawi-based COMESA Competition Commission notice, Mauritius-based Alterra will hold a majority stake in Java House.

Click here for more