Investment News in Kenya

Microsoft and G42 announce $1 billion comprehensive digital ecosystem initiative for Kenya
5/22/2024 - Microsoft Corp. and G42 on Wednesday announced a comprehensive package of digital investments in Kenya, as part of an initiative with the Republic of Kenya’s Ministry of Information, Communications an...
EIB Announces New Investment in Seedstars Africa Ventures I
1/10/2024 - EIB Global equity investment of US$30 million in Seedstars Africa Ventures I supports risk capital for entrepreneurs across Africa, boosting growth and job creation.
The fund will invest in compa...
EU and Kenya sign ambitious Economic Partnership Agreement with strong sustainability provisions
12/18/2023 - The EU and Kenya signed an Economic Partnership Agreement (EPA) to boost bilateral trade in goods, increase investment flows, and contribute to sustainable economic growth.

The EPA provides...
AFDB, Korea sign $28.6 million in grant agreements to support Africa’s development
9/14/2023 - The African Development Bank and the Government of Korea on Wednesday signed two agreements for financial support to boost Africa’s development agenda. The value of the financing is $28.6 million.
...
d.light Welcomes $50M Investment on its Journey to Impact 1B Lives
7/21/2023 - d.light, a pioneering manufacturer and provider of clean-energy products, announced a $50 million investment from a consortium of lenders with a focus on the renewable energy space including SunFun...
Eni Concludes Kenya Bootcamp “Seeds for Sustainable Energy"
5/15/2023 - In recent days, Eni promoted the “Seeds for sustainable energy” bootcamp in Kenya, a joint open innovation initiative involving Joule, Eni's Business School and the company's Tech Open Innovation and ...
Borouge Enters into Agreement to Expand Footprint in East Africa
4/5/2023 - - Borouge is pursuing growth opportunities with value chain partners, focusing on one of the world’s fastest growing economies
- Borouge to unlock further growth opportunities in the region thro...
$400m to be Unlocked by EIB & TDB to Support African Companies Impacted by Trade Shocks
2/21/2023 - New USD 200m credit line by EIB to TDB signed at EU-Kenya Business Forum in Nairobi in the presence of H.E. President Ruto
Largest ever business financing cooperation between EIB and TDB, as well...
Eni & Italian Agency Sign Memorandum to Develop Joint Initiatives in Kenya
7/22/2021 - Eni, through its subsidiary Eni Kenya, and the Nairobi Office of the Italian Agency for Development Cooperation (AICS) signed, at the presence of the Ambassador of Italy to Kenya Alberto Pieri, a Memo...
Kenya Signs Milestone Crude Processing Deal with Oil Firms
6/25/2019 - The Kenyan government has signed agreements with oil major Total, Tullow Oil and Africa Oil Corp to develop a 60,000-80,000 barrels per day crude processing facility for oil discovered in the country’...
OPIC Opens New Office in Kenya to Drive US-Led Investment
9/22/2016 - The Overseas Private Investment Corporation (OPIC), the U.S. Government’s development finance institution, announced the opening of OPIC’s first-ever East Africa office, located in Nairobi, Kenya, wit...
Signing of the Japan-Kenya Investment Agreement
8/24/2016 - On August 28, 2016, Agreement between the Government of Japan and the Government of the Republic of Kenya for the Promotion and Protection of Investment is scheduled to be signed by Mr. Fumio Kishida,...
Agreement in Principle on Japan-Kenya Investment Agreement
3/11/2016 - Japan and the Republic of Kenya reached an agreement in principle on the Japan-Kenya Investment Agreement after five rounds of negotiations. Japanese Prime Minister Shinzo Abe and Hon. William Arap Ru...
EGME to Invest $100m Following Kenyan Government Approval for O&G Projects
9/7/2015 - Essel Group Middle East (EGME) has been granted a formal approval by the Kenyan government for its investment participation with Simba Energy Inc, Canada. This approval enables formal transfer of equi...
Kenya Power Secures $190m Loan for Infrastructure Upgrade
11/19/2014 - Kenya Power, the country's sole electricity distributor, had secured a $190 million loan from Standard Chartered Bank to upgrade its transmission network. ...
The World Bank Approves $50m Oil and Gas Loan for Kenya
7/24/2014 - The World Bank’s Board of Executive Directors approved US$50 million for the Government of Kenya to strengthen its capacity to manage the oil and gas sector and the distribution of its revenues to cre...
Africa Oilfield Enters Framework and Option Agreement
3/28/2014 - Africa Oilfield, the investment company established to invest in the oil and gas logistics support industry in sub-Saharan Africa, announces that it has entered into a framework and option agreement (...
Kenya Signs $5 Bln Infrastructure, Energy Deals with China
8/19/2013 - Kenya signed deals worth $5 billion with China to construct a railway line and an energy project, deepening ties with the Asian country keen to expand investment in Africa. The cash would be spent on ...
Camac Energy to Invest $35 Million in Kenya Exploration
6/20/2013 - U.S. company Camac Energy will invest 3 billion Kenyan shillings to prospect for oil and gas in four blocks in Kenya, it said. Commercial quantity oil discoveries in Uganda, promising oil finds in Ken...
Warburg Pincus to Lead $600m Investment in Delonex Energy
6/17/2013 - Delonex Energy Limited (together with its subsidiaries referred to as “Delonex Energy” or “the Company”), a new, world-class energy exploration and production company (E&P) focused on Central and East...

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