US offers Kenya factories in proposed Sh8trn minerals deal

Delegates follow proceedings during the American Chamber of Commerce (AmCham) Business Summit at Windsor Golf Hotel and Country Club in Nairobi on September 9, 2026. The summit brought together business leaders and stakeholders to discuss trade, investment and economic opportunities.

Photo credit: Bonface Bogita | Nation Media Group

The United States has pledged to help Kenya build factories and other industries around its rare earth and niobium deposits at the Coast, opening a potential new source of investment, technology transfer and skilled jobs.

Washington says it wants American companies to process the minerals in Kenya and develop industries around them in a proposed deal to access the mineral deposits at Mrima Hill in Kwale County.

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