Private equity manager, Inside Capital Partners merges KCB with Beta Holdings

ZAMBIA – Inside Capital Partners has announced the merger of Kalulushi Clay Bricks (KCB) with Beta Holdings Limited to create a regional building materials champion. KCB is Zambia’s oldest and largest clay brick manufacturing facility. Initially a minority investor, Inside took full control of KCB in 2018 transforming the company into a well-structured business positioned for growth.  KCB services the construction market in Zambia and the DRC region. On the other hand, BETA is Zimbabwe’s largest building materials supplier with operations in clay bricks, concrete products and aggregates with its origins…

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SA’S building material retailer Builders set to debut Kenya

KENYA – South African construction and building materials retailer, Builders, is set to open its first store in Nairobi as it expands into the East African region. The store, which will be opened at the Waterfront Karen, will bring the total number of Builders stores beyond South Africa to nine. Kenya, East Africa’s commercial hub, will join Botswana, Mozambique, and Zambia as regions with the firm’s outlets outside the retailer’s stronghold, with management affirming intentions to entrench its presence on the continent. “As with each venture into a new territory,…

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