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HomeDaily NewsFriday, June 5, 2026Danish Chamber Taps KEPSA Network to Expand Business Footprint in East Africa - June 2026
Business & Economy3 stories from 2 sources

Danish Chamber Taps KEPSA Network to Expand Business Footprint in East Africa - June 2026

The Danish Chamber of Commerce and the Kenya Private Sector Alliance signed a strategic cooperation agreement to boost trade and investment between Denmark and East Africa, positioning Kenya as a key business hub. At the same time, Kibo Africa, an electric mobility company, plans to deploy 10,000 electric motorcycles in Kenya within the next 12 months to expand its presence in the nation's burgeoning boda boda sector. A Kenyan court dismissed an application by Bia Tosha Distributors Limited to block the sale of Diageo's 65 per cent stake in East African Breweries Limited to Japan's Asahi Group Holdings for Sh305 billion.

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Friday 8:50 AMCapital Business

Danish Chamber Taps KEPSA Network to Expand Business Footprint in East Africa

Danish Chamber Taps KEPSA Network to Expand Business Footprint in East Africa

The Danish Chamber of Commerce (DCC) and the Kenya Private Sector Alliance (KEPSA) have signed a strategic cooperation agreement to boost trade and investment between Denmark and East Africa, positioning Kenya as a key business hub.

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Key Highlights

The Danish Chamber of Commerce (DCC) and the Kenya Private Sector Alliance (KEPSA) have signed a strategic cooperation agreement to boost trade and investment between Denmark and East Africa, positioning Kenya as a key business hub.

  • The agreement aims to enhance market access for Danish companies through policy engagement, networking, and local partnerships, facilitating deeper trade and investment across East Africa.
  • Key figures involved include KEPSA Chief Executive Officer Carole Kariuki and DCC Vice-President Jakob Ellemann-Jensen.
  • This collaboration aligns with Denmark's goal to diversify international operations and strengthen its presence in emerging markets, while Kenya seeks to attract investment in sectors like renewable energy, logistics, and digital services.
Thursday 7:59 PMCapital BusinessFirst

Kibo Africa targets 10,000 electric motorcycles in Kenya within a year

Kibo Africa targets 10,000 electric motorcycles in Kenya within a year

Kibo Africa, an electric mobility company, plans to deploy 10,000 electric motorcycles in Kenya within the next 12 months. This initiative aims to expand the company's presence in the nation's burgeoning boda boda sector.

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Key Highlights

Kibo Africa, an electric mobility company, plans to deploy 10,000 electric motorcycles in Kenya within the next 12 months. This initiative aims to expand the company's presence in the nation's burgeoning boda boda sector.

  • 10,000 electric motorcycles to be deployed in Kenya within 12 months.
  • Key organizations: Kibo Africa and energy company Powerhive.
  • Partnership will establish battery-swapping infrastructure to reduce rider downtime and operating costs, with potential savings of Sh500 to Sh600 daily compared to fuel motorcycles.
Friday 12:08 AMNation Business

Distributor fails to stop Diageo’s EABL stake sale to Asahi Group

Distributor fails to stop Diageo’s EABL stake sale to Asahi Group

A Kenyan court has dismissed an application by Bia Tosha Distributors Limited to block the sale of Diageo's 65 per cent stake in East African Breweries Limited (EABL) to Japan's Asahi Group Holdings for Sh305 billion.

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Key Highlights

A Kenyan court has dismissed an application by Bia Tosha Distributors Limited to block the sale of Diageo's 65 per cent stake in East African Breweries Limited (EABL) to Japan's Asahi Group Holdings for Sh305 billion.

  • The High Court ruled that Bia Tosha could not seek similar conservatory orders in the High Court after having approached the Court of Appeal.
  • Diageo, a multinational headquartered in the United Kingdom, is proceeding with the sale as part of its turnaround strategy.
  • The transaction is expected to generate approximately Sh42 billion in capital gains tax for the Kenyan Treasury.
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