A South Africa-based logistics operator has launched a 103-acre product-specific warehouse development along Nairobi’s Eastern bypass eyeing bulk importation and repackaging business from increased intra-Africa trade.
Improvon Group chief executive Stefano Contardo confirmed breaking ground for the first 5,000 square metre warehouse development, Nairobi Gate Industrial Park, saying it had partnered with private equity fund Actis which sunk money to purchase the land as well as funding the development.
