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Originally published by Capital Businessbusiness
April 28, 2026
7h ago
Kenya plans local production of bank, SIM cards
Kenya has opened a Nairobi factory to produce bank cards, SIM cards and IDs locally, cutting imports, costs and delays...
✨ Key Highlights
Kenya has launched its first smart card manufacturing factory in Nairobi, aiming to end the importation of bank and SIM cards, as well as other secure identity products.
- The new SecureID Kenya plant is the first of its kind in East Africa and represents a $20 million phased investment.
- SecureID Founder and Executive Chairlady Kofo Akinkugbe stated the investment aims to keep jobs, money, and skills within Africa.
- The facility is expected to create hundreds of jobs, with plans to hire about 150 people within two years, potentially rising to 400.
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