Kenyan billionaire businessman Naushad Merali is died. Merali is said to have died on Saturday July 3 at around 4am while undergoing treatment at Nairobi hospital. Cause of death is to be communicated.

“I am deeply saddened by the passing away of Naushad Merali. A renowned and distinguished international entrepreneur, industrialist, and philanthropist. Our prayers are with Zarin, Yasmin and Sameer Merali,” ANC Party Leader Musalia Mudavadi said.

Merali was born 2 January 1951 in Nairobi, Kenya. He attended Highway Secondary School in the suburbs of Nairobi, before venturing into business. Until his demise, Merali chaired Sameer Group, a Kenyan conglomerate active in agriculture, construction, information technology, property and finance.

He was formerly the chairman and largest individual shareholder of Bharti Airtel’s operations in Kenya, but in 2014 he sold his shares and stepped down from the company’s board.

As one of Kenya’s leading industrialists, Merali has brought commercial development in Kenya for more than 30 years and is constantly expanding his businesses throughout East Africa.

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By M. O