Mars Wrigley has invested Sh4.3 billion ($33 million) to expand its Athi River plant in Kenya with a new sugar-free gum production line. This significant investment over the next three years reinforces Kenya's role as a regional manufacturing hub for the confectioner.

• Mars Wrigley will now produce Orbit sugar-free gum for Sub-Saharan Africa and Extra for various Arabic-speaking markets.
• The expansion ends the company’s reliance on its Poland facility, reducing import dependence and strengthening supply-chain resilience.
• According to General Manager for Mars Wrigley in Sub-Saharan Africa Ismael Bello, this move signals confidence in Kenya's potential as a regional hub and will enhance affordability, export performance, and job creation.

Urysia Limited has expanded its automotive offerings in Kenya by adding Jeep and Citroën brands, transitioning from a single Peugeot dealership to a multi-brand operation. This move aligns Urysia with global automotive group Stellantis, reflecting growing demand for diverse mobility options in the Kenyan market.

• Urysia Limited's showroom in Nairobi will now feature models from Peugeot, Jeep, and Citroën.
• Principal Secretary for Trade Regina Ombam presided over the launch, emphasizing the industry's evolution and consumer needs for choice and reliability.
• The expansion includes financing options, leasing packages, and strengthened after-sales support, with service centers and mobile units.
• Available models at the Westlands showroom include the Jeep Grand Cherokee, Wrangler, and Gladiator; Citroën C3, C3 Aircross, and C5 Aircross; and Peugeot's full lineup.

Kalahari Cement has acquired a 27 percent stake in East African Portland Cement (EAPC) from the National Social Security Fund (NSSF) for Sh1.6 billion.

• The Share Purchase Agreement involves 24.3 million ordinary shares at Sh66 per share, subject to regulatory approvals.
• Kalahari Cement, a subsidiary of Amsons Group, previously acquired a 29.2 percent stake in EAPC from other entities.
• Despite gaining effective control, Kalahari Cement does not intend to make a takeover offer or delist EAPC from the Nairobi Securities Exchange.

Safaricom has launched the first KSh15 billion tax-exempt green bond as part of its larger KSh40 billion Domestic Medium-Term Note Programme. This initiative aims to fund sustainable projects, offering investors a tax-free interest rate of 10.4 percent.

• The offer runs from November 25 to December 5 with a minimum investment of KSh50,000.
• CEO Peter Ndegwa highlighted the bond's alignment with Safaricom’s long-term strategy and sustainability goals.
• This is Kenya’s largest green bond to date and the first allowing mobile-based subscriptions, according to Group Chief Finance Officer Dilip Pal.