France to Build a New Ksh 106B Port Terminal in Kenya
This is set to hand the government a major boost in its initial plans to undertake port expansions at the two facilities under a Public-Private Partnership (PPP) model...
✨ Key Highlights
France, through shipping giant CMA CGM, will invest €700 million (Ksh106 billion) to modernise and expand terminals at the Port of Mombasa in Kenya.
- Investment Amount: €700 million (Ksh106 billion)
- Key Organizations: French shipping giant CMA CGM and the Kenyan government
- Purpose: To expand port capacity, modernise freight management, and improve inland logistics to strengthen regional trade corridors and Kenya's connectivity to global markets.
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France Offers KSh12.5B Nairobi Rail Deal, KSh106B Port Terminal - May 2026
France has committed KSh12.5 billion to modernize the Nairobi commuter rail network, announced during President Emmanuel Macron's visit to Nairobi. France also announced plans to build a new KSh106 billion port terminal in Kenya. Macron halted the Africa Forward Summit youth forum over noise, calling it a "total lack of respect." However, Macron joined Kenyan marathon legend Eliud Kipchoge for a morning run in Nairobi ahead of the summit. Former Deputy President Rigathi Gachagua linked Macron's visit to a disputed KSh7 billion payout concerning the cancelled Rironi-Mau Summit Road project.
