Kenya : Dangote-backed investors to acquire Kenya’s leading coffee chain, Java House

A private equity firm supported by Aliko Dangote is set to enter Kenya’s food and beverage market with the acquisition of Java House, a leading Kenyan coffee chain. The deal, led by Alterra Capital in partnership with Phatisa Group, will see the restaurant chain acquired from UK-based Actis. Alterra will hold a majority stake in Java House, marking the company’s fourth ownership change since 2012.