Globeleq To Invest Sh4.6 in Malindi Solar Plant Project
Globeleq, a UK-based private power firm, is investing Sh4.6 billion to install battery storage for its Malindi solar plant, enhancing electricity supply during peak demand.
Category: Investment
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President Ruto Signs Deal With TOYOTA For Kenyan Vehicle Manufacturing Plant
President William Ruto’s administration and Toyota Tsusho Corporation in talks to establish a vehicle manufacturing plant in Kenya.
Mastercard invests in MTN’s Fintech , boosting Africa’s financial Inclusion
Mastercard’s recent acquisition of a minority stake in MTN Group’s fintech segment marks a significant milestone for financial services in Africa…
Kenya Aims to Acquire 300 SGR Wagons by End of February
Kenya enhances its transport infrastructure with the arrival of fifty new Standard Gauge Railway (SGR) wagons, aimed at bolstering cargo transport along the Chinese…
Kenya and Poland to Boost Agricultural Output
President William emphasizes Kenya’s commitment to strengthening agricultural ties with Poland during a State Visit by Polish President Andrzej Duda.
JKIA to Develop Exclusive Terminal for Premium Travellers
Jomo Kenyatta International Airport (JKIA) is set to launch a dedicated terminal for heads of state, business leaders, and influential individuals arriving on chartered flights.
Dollar Deposits From Kenyan Investors Reach $8.6bn As of september 2023
Kenyan corporates and affluent investors strategically increased the dollar share of their bank deposits to 70%, reaching a substantial $8.6 billion by September 2023, as revealed by …
KCB Plans to infuse Ksh. 8bn Into Public Transportation
KCB partners with the Matatu Owners Association (MOA), committing Ksh.8 billion towards the enhancement of the public transportation sector.