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Originally published by Nation Business
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business
May 13, 2026
6h ago

French firm to invest Sh105bn in Mombasa Port upgrade

French firm to invest Sh105bn in Mombasa Port upgrade

CMA CGM said the investment will enhance Kenya’s connectivity to global shipping routes...

✨ Key Highlights

French shipping giant CMA CGM will invest $820 million (Sh105 billion) to upgrade and expand two terminals at the Port of Mombasa, Kenya.

  • Investment of $820 million to modernize two terminals at the Port of Mombasa.
  • The deal was signed between CMA CGM and the Kenyan government on the sidelines of the Africa Forward Summit in Nairobi.
  • The upgrade aims to increase cargo-handling capacity, strengthen regional trade, and improve Kenya's global shipping connectivity.

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