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TodayThursday, May 07, 2026

Vipingo Special Economic Zone

Mr Paul Russo (from left), Group CEO KCB Group PLC; Ms Oluranti Doherty, Managing Director Export Development, Afreximbank and Mr George Olaka, CEO Arise IIP-Kenya, during the signing of the USD 800 million funding deal for Vipingo Special Economic Zone (SEZ) in Kilifi County. They are flanked by Mr. Gagan Gupta (left), the Founder and CEO of Arise IIP; H.E. William Ruto, President of the Republic of Kenya and Prof. Benedict Oramah, President and Chairman of the Board of Directors of Afreximbank.

KCB and Afreximbank Seal $800 Million Deal to Operationalise Vipingo Special Economic Zone

In a move that underscores the growing importance of Special Economic Zones (SEZs) in driving Africa’s industrialisation, KCB Group and the African Export-Import Bank (Afreximbank) have signed a landmark Memorandum of Understanding
September 18, 2025
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