AGP Executive Report
Last update: 7 hours agoMinerals and Energy: African Mining Week delegates urged local processing of critical minerals, with regional hubs proposed to create jobs and keep more value in Africa. Agribusiness: Makueni plans to concession its Sh1 billion Kalamba fruit plant to a private operator, aiming to lift processing and returns for farmers. Financial Services: Nedbank has acquired a 66% controlling stake in NCBA for about Sh110 billion; the bank will retain its Nairobi headquarters, brand and NSE listing. Business Funding: A new report puts the financing gap for Kenyan Black-owned and -led businesses at $23 billion, highlighting a major barrier to growth. Trade: Kenya’s imports from India rose 92% to Sh282 billion from March to August, making India the country’s second-largest source of goods after China.
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