Naresh Malde Death: Kenya Mourns Visionary Who Founded Pwani Oil, Helped Create Jobs

Naresh Malde, the entrepreneur whose vision the foundation of Pwani Oil sits has been confirmed dead. Malde breathed his last while in Mombasa on 25th October, 2025.

He may have rested, but the manufacturing community will live to cherish his legacy. It’s an achievement that’s unmatched as he steered Pwani Oil from the manufacture of coconut oil to become a firm that makes virtually every household consumables.

Pwani Oil released the statement on Malde’s death on 29th October extolling the deceased as one who played an instrumental role in the establishment of Pwani Oil.

“It is with deep sorrow and a heavy heart that we share the news of the passing of our esteemed founder, Mr. Naresh Malde,” the statement read.

“This loss is deeply felt throughout our organization, as Mr. Naresh played an instrumental role in the establishment and growth of Pwani Oil Products,” reads the statement.

Former Tourism CS Najib Balala sent his message of condolence saying Malde helped with the growth of Pwani Oil into manufacturing the most trusted homegrown brands.

“(I am) Deeply saddened by the passing of Mr. Naresh Malde, the founder of Pwani Oil. His vision, hard work, and commitment to local enterprise transformed Pwani Life into one of Kenya’s most trusted homegrown brands.”

“My heartfelt condolences to his family, friends, and the entire Pwani Oil fraternity. His legacy will continue to inspire generations of entrepreneurs along our Coast and beyond,” said Balala.

Pwani Oil

Pwani Oil Group is a consumer goods company with its headquarters based in Mombasa, Kenya. It was established in 1981. Initially, it only manufactured coconut oil.

It was started by three Malde brothers: Ramesh Kanji Malde together with Anil and Naresh Malde.

In 1985, the company metamorphosed into palm oil refining and gained the name Pwani Oil Group Company.

Currently, the company mainly specializes in the production of cooking oils under the brand names Fresh Fri, Fresh Fri Garlic, Fresh Fri Ginger, Salit cooking oil, Salit vegetable oil, Popco cooking oil, Mpishi poa and Fry Mate.

The family owned business also produces a wide range of skincare, bathing and antibacterial products under the brand names Detrex Germ Protection soap, Detrex sanitizers, Diva antibacterial beauty soap, Diva Glycerine, Sawa Family shop and Sawa Liquid hand wash. Other products from the company are Ushindi, White Wash, White Wash Extra, Popco Bar Soap, Ndume Bar Soap and Rainbow washing powder.

Read more: The Malde Brothers: Meet The Family Behind Pwani Oil Group Limited