Joint venture to develop US$111.46m industrial business park in Kenya

KENYA – Improvon, a South African industrial property developer has partnered with Actis, a private-equity investor to build a business centre around Kenya’s capital, Nairobi at an estimated investment of US$ 111.46 million (Sh11. 508 […]

Zimbabwe to invest in nationwide industrialisation projects under new policy

ZIMBABWE – Zimbabwe is set to establish at least one factory in each of the country’s 63 districts through a national wide initiative aimed at promoting industrialisation in the country. This follows the approval of […]

Kenya to raise US$250m to set up value-addition hubs under industrialisation initiative

KENYA – The government of Kenya is seeking to raise US$250 million (Shs25 billion) through partnership with development partners to facilitate establishment of value-addition hubs for agriculture produce. Mwangi Kiunjuri, the Agriculture Cabinet Secretary, said […]