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Kenya, Japan sign Ksh22B deal to expand local vehicle assembly

Summary by kbc.co.ke
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…
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khusoko.com broke the news on Monday, June 22, 2026.
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