Tanzanian millionaire and chairman for Infotech Investment Group, Ali Mufuruki. He died in South Africa on December 7, 2019. FILE PHOTO | NMG Ali Mufuruki eulogised as one of Africa’s most respected business leaders.
Educated as a mechanical design engineer in Germany, Mufuruki began his career with Daimler-Benz and then moved to Tanzania’s National Engineering Company, where he was an executive until 1989, when he left to start Infotech Investment Group, which has wide holdings in retail, telecommunications and media businesses across East Africa. He remained chair and CEO until his death.
He also founded East Africa Capital Partners in Nairobi, known for its savvy investments in other firms.
Ali Mufuruki, who died of complications from pneumonia in a Johannesburg hospital on December 7, has been eulogised as one of Africa’s most respected business leaders.
In his message, Nation Media Group board chairman Wilfred Kiboro described Mr Mufuruki as a renowned corporate guru who will be missed by many.
“Ali will be remembered by many of us for his enquiring mind, courage, belief in African entrepreneurship, hard work, high ethical standards, and desire to help and mentor others in very difficult operating environment,” Mr Kiboro said.
Mr Mufuruki, who served in the NMG board and as chairman of Mwananchi Communications Company Ltd, was famous for the kind of blunt talk that tends to annoy politicians but it was his ability to retain the respect of officials he was often at odds with that set him apart.
“What makes Ali unique in the African setting is his ability to garner the respect of people in politics and power even while criticising them. He is fearless in that sense,” Sara Menker, his former partner at Nairobi-based energy advisory firm Gro-Energy, once said.
In 2014 he wrote an opinion published in a local newspaper titled African leaders who believe Africans are incapable of great things should go!
It was directed at a local government minister who Mr Mufuruki believed favoured foreign firms at the expense of local industry.
Trademark East Africa, where he served as founder chair of the board (2015 to 2018), described him as “One of the most remarkable Africans of his generation, an inspirational leader who made great contributions to industrialisation in Africa, to technology and research.”He also co-authored Tanzania’s Industrialisation Journey 2016-2056, a 190-page blueprint for Tanzania’s bid to transit from an agrarian to a modern industrialised state in 40 years.Perhaps a fitting […]