British sovereign wealth fund CDC Group has written off 97.4 percent of its Sh14.6 billion equity investment in ARM Cement which collapsed under a load of debt.

For more information, please see https://www.businessdailyafrica.com/corporate/companies/British-fund-writes-off-Sh14bn-investment-in-ARM-Cement/4003102-5373628-93jf8jz/index.html?utm_source=traqli&utm_medium=email&utm_campaign=bdafrica_newsletter&tqid=leKgaH4uHkwBqs83lUXZDA.2tw2ipv96_QTx1WtEdQ