Who owns AzamPesa?
AzamPesa is owned by Bakhresa (Tanzania).[1]
This ownership is reported in official statements but has not yet been matched to a regulatory filing.
Evidence: Bakhresa Group — divisions, subsidiaries and brands. Last checked .
Key facts
- Current owner
- Bakhresa Group reported
- Owner HQ
- 🇹🇿 Tanzania, Dar es Salaam
- Origin
- 🇹🇿 Tanzania, Dar es Salaam
- Category
- Internet & digital › Digital services › Payments
- Last verified
- · 1 sources
About AzamPesa
AzamPesa is Bakhresa's mobile money wallet, which the company describes as the first and only independent Tanzanian mobile money operator — independent meaning it is not owned by a mobile network. It runs on USSD as well as iOS and Android apps, and handles transfers to other wallets and to bank accounts, cash-out through wholesalers and shops, utility bills and merchant payments.
Ownership timeline of AzamPesa
Where AzamPesa sits in Bakhresa
Controlling ownership as of . Brands grouped under the entity that owns them; large groups are collapsed.
Open the full Bakhresa ownership tree →
See the full Bakhresa brand portfolio (6) →
Other brands owned by Bakhresa
Bakhresa controls 6 brands on Brandtree, 2 of them in internet & digital.
Also in internet & digital
Other brands in payments, and who owns them
The 38 brands in payments on Brandtree belong to 21 owners. The largest is PayPal, with 4; Bakhresa has 2.
| Brand | Owner | Owner based in |
|---|---|---|
| GoPay | GoTo | 🇮🇩 Indonesia |
| Kaspi Alaqan | Kaspi.kz | 🇰🇿 Kazakhstan |
| Braintree | PayPal | 🇺🇸 United States |
| Afterpay | Block | 🇺🇸 United States |
| Rakuten Card | Rakuten | 🇯🇵 Japan |
| GrabPay | Grab | 🇸🇬 Singapore |
| Mercado Crédito | MercadoLibre | 🇺🇾 Uruguay |
| Uzum Bank | Uzum | 🇺🇿 Uzbekistan |
About the owner: Bakhresa
Bakhresa is a privately held company headquartered in Dar es Salaam, Tanzania, founded in 1975. Brandtree records 6 brands under its control.
Bakhresa Group is a Tanzanian family conglomerate that began in 1975 when Said Salim Awadh Bakhresa opened the Azam Restaurant, and now runs more than thirty subsidiaries across nine countries and fifteen divisions. Its flagship company, Said Salim Bakhresa & Company, holds the largest wheat milling and storage capacity in East Africa, much of it built from mills bought in Tanzania's 1990s privatisation programme. Almost everything the group sells to the public carries the Azam name, whether it is flour, biscuits, ice cream, juice, satellite television or a mobile money wallet, which makes Azam one of the most widely stretched brands in the region.
🇹🇿 AzamPesa and other Tanzanian brands
Brandtree records a controlling owner for 18 brands that began in Tanzania. 5 of them (28%) are now controlled by a company headquartered in another country; AzamPesa is not one of them.
- Air Tanzania — Air Tanzania 🇹🇿
- Auric Air — Auric Air 🇹🇿
- Jahazi Restaurant — Gulf Hotels Group 🇧🇭
- Masafi — METL Group 🇹🇿
- Mwananchi — Nation Media Group 🇰🇪
- Precision Air — Precision Air 🇹🇿
Frequently asked questions
Who is the parent company of AzamPesa?
The parent company of AzamPesa is Bakhresa, a privately held company headquartered in Tanzania.
Is AzamPesa Tanzanian?
Yes. AzamPesa originated in Tanzania and its owner, Bakhresa, is also headquartered in Tanzania.
Is AzamPesa still owned by Bakhresa?
Yes. As of 20 September 2026, AzamPesa is still owned by Bakhresa. The ownership record was last checked against primary sources on that date.
Sources (1) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.
- [1] Bakhresa Group — divisions, subsidiaries and brands — Bakhresa Group, Official document; retrieved 20 September 2026.
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