The European Union said Tuesday that it would increase its investments in Kenya by hundreds of millions of dollars, looking to bolster ties in the face of competition from China.  The deals will unlock “untapped

German shoe manufacturer Josef Seibel is expanding its base into Kenya as it eyes a piece of the country’s booming shoes industry. The company, which was started in 1886 in Haustein, will sell schools as

Kenya has made investment deals in upwards of Sh3.6 trillion ($30 billion) at the ongoing climate conference in Egypt, President William Ruto has said. The head of state said the deals were made during his

The Government plans to boost the manufacturing sector and make the country a leading industrial hub in Africa. It plans to tap China’s diverse technology in manufacturing. Kenya Investment Authority (KenInvest)’s general manager for investment promotion and business

Simba Corporation has unveiled a Sh4.8 million station wagon car, targeting buyers seeking brand new vehicles. The PROTON X70, which comes with 1.5-liter engine, is a luxury sports utility vehicle (SUV) produced by the Malaysian

Africa Logistics Properties (ALP) has opened a new warehouse facility at its West Logistics Park in Limuru, a move aimed at easing supply chain management for small and medium-sized enterprises. The new 107,639 square feet

Kenya’s foreign direct investment (FDI) inflows are on the rebound after a lull in the last three years. The slowdown was due to the global economic slowdown triggered by the Covid-19 pandemic. According to the