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KCB, Afreximbank in Sh103bn Centum’s industrial park financing

Kenya Commercial bank (KCB) Group CEO Paul Russo makes his remarks during the banks Financial Year (FY) 2024 Results announcement at Radisson Blu Hotel on March 12, 2025.

Photo credit: Francis Nderitu | Nation Media Group

By  Dominic Omondi

Business Reporter

Nation Media Group

Centum Investment’s Special Economic Zone (SEZ) will benefit from $800 million (Sh103.34 billion) in financing from KCB Group and the pan-African multilateral lender African Export-Import Bank (Afreximbank), giving fresh impetus to one of the Coast’s flagship industrial parks.

The financing targets businesses setting up shop at the 2,000-acre Vipingo SEZ in Kilifi County, promoted by Centum.

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