The pan-African multilateral development bank African Export-Import Bank (Afreximbank) and Kenya’s largest bank, KCB Group, have signed a memorandum of understanding to finance the operationalization of the Special Economic Zone (SEZ) in Vipingo in Kilifi County, located about 425 kilometers southeast of Nairobi. According to reports, KCB Group will provide initial funding of $500 million…...
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