Stay up to date with the latest announcements and media interviews.
Java House is the largest casual dining / food services chain in East Africa with 60 outlets, serving over 320,000 guest checks per month and employs 2000 people. Abraaj to expand Java House into new markets and through acquisitions.
The Abraaj Group, a leading investor operating in growth markets, today announced that it successfully divested its shareholding in Careem, one of the region’s leading transportation businesses, to Kingdom Holding Company.
Tunisian-born writer and curator Myriam Ben Salah is the new curator for the upcoming edition of the Abraaj Group Art Prize. She has been responsible for the public programmes at the Palais de Tokyo in Paris and is Editor-in-Chief of the international edition of Kaleidoscope Magazine.
The Abraaj Group announced that it has entered into a definitive agreement to purchase a majority stake in Jhimpir Power Limited for a 50 MW wind power project in the Jhimpir wind corridor in Southeast Pakistan.
In The News
Abraaj has received the highest accolade under the UN-supported Principles for Responsible Investment’s (PRI) Reporting and Assessment Framework.
Abraaj Managing Director Ashish Patel discusses key investment themes in Africa, highlighting a rising middle income population, urbanization and a shift in consumption trends. Taking a long-term view, he shares why the Firm continues to be bullish about the continent.
The Wall Street Journal reports on Abraaj's acquisition of Java House Group, and why the transaction represents a landmark deal in the African consumer market. The article highlights Abraaj’s growth plans for the business.
Abraaj Managing Director Ashish Patel speaks to the Financial Times on the Group's agreement to acquire Java House, and interest in the QSR sector. He says, "We have geographical opportunities, we have different themed opportunities."