Kenya has received Ksh 10 Billion worth of investment by South African companies at Tatu City. The 5,000-acre Special Economic Zone – located 30 minutes from central Nairobi – represents one of the largest concentrations of South African foreign direct investment in Kenya and East Africa.
South Africa has in the recent years portrayed a strong bilateral trade and investment with the Kenyan government while showing commitment in various sectors conducting businesses, growing capital flows and knowledge exchange.
According to the South Africa’s High Commissioner to Kenya, Mninwa Johannes Mahlangu, who toured investments by leading South African companies at Tatu City said he was delighted to witness these transformational investments South African businesses are making in Kenya.
His stops during the tour included Crawford International school, a 20-acre, multi-billion-shilling investment by ADvTECH the Johannesburg Stock Exchange-listed education group; Kenya Wine Agencies Ltd (KWAL), which is majority owned by South African beverage conglomerate Distell; and Cold Solutions, an investment by ARCH Emerging Markets Partners, which is backed by South African businessman Patrice Motsepe.High Commissioner Mahlangu was speaking at a ceremony to mark the naming of Crawford Road, which leads to Crawford International School in Tatu City.