Kenya, Japan sign Ksh22B deal to expand local vehicle assembly
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2 Articles
Kenya, Japan sign Ksh22B deal to expand local vehicle assembly
Kenya and Japan have unveiled a new Ksh22 billion financial facility primarily aimed at rapidly expanding Kenya’s young automotive industry. The deal between the Government of Kenya and Japan’s Nippon Export and Investment Insurance (NEXI) Company Ltd seeks to assemble more vehicles for the Kenyan market. The bulk of the facility, about Ksh13.1 billion, will be directed towards supporting Kenya’s National Automotive Policy, which shifts focus fr…
Kenya Locks In KSh22 Billion Japan Samurai Bond Deal
Kenya signed the long-awaited Samurai bond on June 22, 2026, bringing JPY 25 billion — about KSh22.1 billion — into the country through a structured deal with Japan backed by Nippon Export and Investment Insurance (NEXI). The signing took place at State House, Nairobi, and marks a concrete step in Kenya’s push to diversify its [...] The post Kenya Locks In KSh22 Billion Japan Samurai Bond Deal appeared first on Khusoko - Your Gateway to East Afr…
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