The Aga Khan Fund for Economic Development (AKFED) has announced it is exiting its investment in Nation Media Group, ending a 66-year partnership with one of East Africa’s most influential media houses. NPRT holds a 54.08% stake in Nation Media Group, equivalent to 92,618,177 ordinary shares, giving Taarifa Ltd a controlling interest in the company. Nation Media Group was founded in 1959 when His Highness Prince Karim Aga Khan IV purchased the Kiswahili weekly Taifa Leo to create an independent press during the colonial period. “We are honored and deeply committed to becoming the majority shareholder of Nation Media Group. Its initiatives include 52 environmental documentaries and over 100 public forums and masterclasses, building media capacity across East Africa.

Source: Daily Nation March 10, 2026 17:29 UTC