Foreign Investment Stories

High Court orders government to pay Sh24 billion for breach of Kwale sugar deal
Carolyne Kubwa  |  Dec 09, 2025

The High Court in Mombasa has ordered the government to pay nearly Sh24 billion to Kwale International Sugar Company over a breached land deal that cr...

Tatu City hosts Muslim business community to explore new investment opportunities
Abdirahman Khalif  |  Dec 07, 2025

Tatu City hosted Nairobi’s Muslim business community to outline property acquisition, tax incentives and expansion options in its special eEconomic zo...

Health Ministry denies sharing Kenyans’ private medical data under US partnership
Lucy Mumbi  |  Dec 07, 2025

Duale said the framework strictly protects citizens’ privacy and focuses only on aggregate-level data, ensuring no individual medical records or ident...

Private sector warns against government plan to control business advocacy under new Bill
Lucy Mumbi  |  Dec 07, 2025

The Bill, developed by the State Department for Investment Promotion under Principal Secretary Abubakar Hassan, aims to create a legal framework for e...

MPs question Sh1 billion unsupported spending, ethnic imbalance at NKPCU
Maureen Kinyanjui  |  Dec 05, 2025

Parliament’s investments committee has queried over Sh1 billion in unsupported spending and irregular staffing at NKPCU, demanding documents on coffee...

Senators seek extension for taskforce to tackle Sh80 billion county pension debt
Lucy Mumbi  |  Dec 01, 2025

The proposal follows concerns over discrepancies in reported debts and the rising penalties that have pushed total liabilities beyond Sh80 billion.

2025 Classic Safari Rally brings motorsport and economic boost to Kwale County
Farhiya Hussein  |  Nov 30, 2025

Beyond the competitive aspect, the event draws attention to the hosting region’s infrastructure and potential for investment in tourism-related ventur...

Public service pension contributors exceed 500,000 as fund grows
Lucy Mumbi  |  Nov 30, 2025

The Public Service Superannuation Fund reports a rise in contributors to over 500,000, with assets increasing to Sh242 billion due to strategic invest...

Agriculture CS Kagwe calls for affordable credit and real investment in Kenyan farmers
Lucy Mumbi  |  Nov 27, 2025

Kagwe argued that conventional lending models and donor interventions often fail because they do not address the realities farmers face on the ground.

Court of Appeal upholds High Court decision in Cytonn Kilimani property dispute
Carolyne Kubwa  |  Nov 21, 2025

The court ruled that although the dispute involved land, the underlying and predominant issue was insolvency, placing the matter squarely within the H...

Kenya’s development agenda gets lift with UBA’s Sh19.4 billion infrastructure investment
Alfred Onyango  |  Nov 12, 2025

With a Sh19.4 billion pledge, UBA aims to modernise Kenya’s transport, energy, and infrastructure sectors while fostering regional trade and supportin...

Kenya ranked 10th in Africa’s most attractive investment destinations
Bashir Mbuthia  |  Oct 29, 2025

The report also highlights Kenya's continued appeal as a technology and innovation hub, pointing to major investments by global giants such as Google,...

Kilifi set to become manufacturing hub with launch of Sh16 billion industrial park
Farhiya Hussein  |  Sep 16, 2025

The 2,000-acre Vipingo Special Economic Zone (SEZ), is expected to generate 50,000 direct jobs and at least 250,000 indirect opportunities once fully...

Kilifi set for industrial revolution as Vipingo Special Economic Zone breaks ground
Farhiya Hussein  |  Sep 16, 2025

The industrial hub is being developed by global firm Arise Integrated Industrial Platforms (Arise IIP) in partnership with Centum Investments.

Government leaves investors exposed as securitised projects lack guarantees
Lucy Mumbi  |  Sep 14, 2025

Mbadi said the arrangements fall outside the budget financing framework and therefore cannot be classified as public debt.

New report shows China’s growing reach across 101 countries, Africa key to strategy
Bashir Mbuthia  |  Sep 10, 2025

China's strategy leans more on building ties than on coercion, with the Index showing that countries engaged through partnerships and cultural exchang...

Qatar pledges Sh2.7 trillion investment in DR Congo as it mediates peace talks
Bashir Mbuthia  |  Sep 03, 2025

The DRC deal follows a major tour by Al Mansour Holding across southern Africa in August, during which it pledged $70 billion (Sh9 trillion) across fo...

Kenya trails Uganda and Tanzania in attracting industrial investment - report
Alfred Onyango  |  Sep 02, 2025

Uganda’s leading yield of 13 per cent indicates a robust appetite for its industrial assets, while Kenya’s comparatively lower rate points to concerns...

Report: Africa trailing in global mining exploration spending
Alfred Onyango  |  Aug 30, 2025

According to a recent white paper report by the World Economic Forum (WEF), the region receives less than 10 per cent of global investment in this vit...

'Yiwu Selection' store debuts in Nairobi, bringing Chinese brands closer to Kenyan consumers
XINHUA  |  Aug 30, 2025

Yiwu, a county-level city in east China's Zhejiang Province, is a global hub for consumer goods manufacturing, known for offering products that combin...

Ethiopia, Dangote Group ink Sh323 billion deal to build fertiliser complex in Somali region
Lucy Mumbi  |  Aug 28, 2025

Agriculture, which employs more than 70 per cent of Ethiopia’s population, is expected to benefit directly from the project through better access to f...

MPs demand full disclosure as Kenya School of Government faces repeated audit issues
Maureen Kinyanjui  |  Aug 27, 2025

The Auditor-General flagged Sh8.8 million in unsupported general expenses for 2019 due to missing vouchers, despite KSG claiming it had submitted the...

Multinationals turn to Kenyan professionals, cut expatriate staff
Maureen Kinyanjui  |  Aug 26, 2025

This trend suggests that multinationals are relying more on Kenyan professionals while cautiously expanding their local workforce after the disruption...

Kenya to review Special Economic Zones framework to end abuse by real estate developers
Maureen Kinyanjui  |  Aug 24, 2025

Officials argue that speculative real estate projects are exploiting the SEZ programme, potentially undermining its primary purpose of fostering indus...

KCB declares first-ever special dividend as profits for half year hit Sh32.3 billion
Alfred Onyango  |  Aug 13, 2025

The announcement on shareholder returns follows an eight per cent year-on-year growth in net profits, rising from Sh29.9 billion in the previous corre...

Foreign Investments offer minimal impact to Kenya’s industrialisation, study shows
Alfred Onyango  |  Aug 02, 2025

The report recommends urgent policy reforms to make brownfield investment more attractive and sustainable in this sector, which has the potential to d...

NOCK declared "technically insolvent" as MPs order special audit into state oil agency
Lucy Mumbi  |  Jul 31, 2025

NOCK is unable to meet its recurrent expenditures, owes over Sh7.4 billion in debt, and is at risk of defaulting on loans from major banks.

Senators expose Trans Nzoia officials for awarding themselves Sh30 million unsecured loans
Maureen Kinyanjui  |  Jul 31, 2025

Governor George Natembeya admitted that there were issues with staff performance and discipline, noting that some officers failed to attend capacity-b...

MPs raise alarm over NOCK's financial collapse in face of Sh3 billion Rubis loan
Maureen Kinyanjui  |  Jul 31, 2025

NOCK’s Chief Executive Officer Leparan Gideon Ole Morintat told the committee that the firm is in a difficult financial state and explained the deal w...

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