Market News

DP World and GulfCap Africa, based in Kenya, signed an agreement, with Dr. William Samoei Ruto, President of the Republic of Kenya, for advancing the Mombasa Industrial Park, envisioned as a 222-hectare Special Economic Zone ( SEZ).   The agreement extends the partnership previously announ . . .

Speaking at the South Africa-Kenya Business Meeting in Midrand, Johannesburg, President Cyril Ramaphosa and President William Ruto of Kenya urged greater cooperation between the continent's top economies, stating that infrastructure development, integrated value chains, and increased intra-African t . . .

The engagement occurs at a crucial moment for Kenya's industrial sector, as the nation aims to raise manufacturing's share of GDP from 7.3% (KNBS, 2025) to 20% by 2030. Industry executives emphasized the significance of improving the speed, dependability, and integration of transport solutions as gl . . .

A renewed push for national economic delivery was initiated when Lee Kinyanjui, the Cabinet Secretary for Investments, Trade, and Industry, signed Performance Contracts with the CEOs and chairs of State Agencies (SAGAs) within the ministry. The CS positioned MITI as essential to nation-building . . .

The 2026 Manufacturing Priority Agenda (MPA) was introduced by Kenyan businessmen in an effort to strengthen the nation's manufacturing industry. The Kenya Association of Manufacturers' CEO, Tobias Alando, told reporters in Nairobi, the country's capital, that the policy paper is a workable and . . .