×
App Icon
The Standard e-Paper
Home To Bold Columnists
★★★★ - on Play Store
Download Now

ECP buys majority stake in Kenya's Artcaffe

Emerging Capital Partners has acquired a majority stake in Kenyan restaurant chain Artcaffe Group. [Photo: Courtesy]

NAIROBI- Africa-focused private equity firm Emerging Capital Partners said on Wednesday it has acquired a majority stake in Kenyan restaurant chain Artcaffe Group, the latest sign of growing international private equity investor interest in East Africa.

The move comes after ECP’s stake sale last year in Kenyan casual dining and coffee chain Java House, which also has operations in Uganda and Rwanda.

Get Full Access for Ksh299/Week
Unlock the Full Story — Join Thousands of Informed Kenyans Today
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in