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The Aga Khan Fund for Economic Development (AKFED) has announced the sale of its controlling stake in Nation Media Group (NMG), bringing to an end a 66-year relationship with the region's largest independent media house.
In a statement issued in Geneva on March 10, AKFED said it had agreed to sell its 100 percent shareholding in NPRT Holdings Africa Limited to Taarifa Ltd, a company owned by Tanzanian businessman Rostam Azizi.
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