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HomeDaily NewsFriday, October 10, 2025Kenya Secures Major Investments for Tatu City, Maseno University, and Athi River - October 2025
Business & Economy3 stories from 1 sources

Kenya Secures Major Investments for Tatu City, Maseno University, and Athi River - October 2025

Business Bay Square owner Abdiweli Hassan is committing Sh64 billion to a 60-acre mixed-use development within the Tatu City Special Economic Zone (SEZ). This major investment will feature residential, retail, office, and logistics spaces over a 10-year timeline. In a separate initiative, the M-Pesa Foundation is investing Sh120 million to construct an innovation hub at Maseno University, designed to boost digital learning for its 27,000 students. Additionally, Chinese electric vehicle manufacturer MojaEV plans to establish an EV assembly and manufacturing plant in Athi River. The MojaEV plant is set to significantly boost Kenya’s e-mobility sector, with construction scheduled to commence in early 2026.

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Friday 2:34 PMCapital Business

Business Bay Square owner to invest Sh64bn in Tatu City mega project

Business Bay Square owner to invest Sh64bn in Tatu City mega project

Business Bay Square owner Abdiweli Hassan is committing Sh64 billion to a 60-acre mixed-use development within Tatu City Special Economic Zone (SEZ). This major investment will feature residential, retail, office, and logistics spaces, creating a holistic community over a 10-year timeline.

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Key Highlights

Business Bay Square owner Abdiweli Hassan is committing Sh64 billion to a 60-acre mixed-use development within Tatu City Special Economic Zone (SEZ). This major investment will feature residential, retail, office, and logistics spaces, creating a holistic community over a 10-year timeline.

  • Total investment: Sh64 billion
  • Key developer: Abdiweli Hassan, Founder and Chairman of Business Bay Square
  • Project scope: 60-acre mixed-use development in Tatu City (SEZ), including residences, retail, offices, logistics, parks (30 acres), and a mosque.
  • Previous successful project: Business Bay Square Mall in Eastleigh, East and Central Africa's largest shopping complex with over 1,000 shops.
  • Tatu City (SEZ) incentives: 10 percent corporate tax for the first 10 years, increasing to 15 percent for the next decade, plus exemptions on VAT, import duty, and stamp duty.
  • Total investments attracted by Tatu City to date: Over Sh450 billion from more than 75 businesses.
Friday 9:59 AMCapital BusinessFirst

China’s MojaEV to build electric vehicle plant in Athi River

China’s MojaEV to build electric vehicle plant in Athi River

Chinese electric vehicle manufacturer MojaEV plans to establish an EV assembly and manufacturing plant in Athi River, Kenya. This initiative is set to significantly boost Kenya’s e-mobility sector and commence construction in early 2026.

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Key Highlights

Chinese electric vehicle manufacturer MojaEV plans to establish an EV assembly and manufacturing plant in Athi River, Kenya. This initiative is set to significantly boost Kenya’s e-mobility sector and commence construction in early 2026.

  • The plant is projected to create up to 3,500 direct jobs and will focus on producing electric taxis, motorcycles, and light commercial vehicles.
  • MojaEV’s Assistant to the CEO, Erick Lumallas, stated that the goal is to make locally assembled EVs accessible and affordable for Kenyan drivers.
  • The facility will also serve as a regional distribution hub for several African countries including Tanzania, Rwanda, Uganda, and Ghana.
  • Kenya’s EV registrations increased from 3,753 in 2023 to 6,442 by mid-2025, with electricity consumption for e-mobility surging by nearly 300 percent.
Friday 1:45 PMCapital Business

M-Pesa Foundation to build Sh120mn Innovation Hub at Maseno University

M-Pesa Foundation to build Sh120mn Innovation Hub at Maseno University

The M-Pesa Foundation is investing Sh120 million to construct an innovation hub at Maseno University, designed to boost digital learning and entrepreneurship for its 27,000 students.

Read Story

Key Highlights

The M-Pesa Foundation is investing Sh120 million to construct an innovation hub at Maseno University, designed to boost digital learning and entrepreneurship for its 27,000 students.

  • The hub will feature two computer laboratories, a specialized ICT lab, and two business incubation centers, equipped with 323 computers, seven projectors, and three printers.
  • John Ohaga, Trustee at M-Pesa Foundation, stated that this investment aims to foster digital learning outcomes and prepare students for the job market.
  • This initiative is part of the Foundation’s Citizens of the Future programme and complements Safaricom’s broader efforts to strengthen Technical and Vocational Education and Training (TVET) institutions across Kenya.
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