Dubai-based AriseIIP has unveiled plans to invest over $3 billion in Kenya within the next five years, focusing on industrialisation and export-led growth. The investment will fund three special economic zones and support the Rivatex textiles firm, positioning Kenya as a regional manufacturing hub. The move aligns with the country’s strategy to attract foreign investment, boost job creation, and strengthen industrial capacity.
AriseIIP will contribute about 30–40% of the capital as equity, with the remaining funding sourced from development finance institutions and lenders. The projects will include two export zones along Kenya’s coast and another in Naivasha, supported by an additional $800 million financing facility in partnership with Afreximbank and KCB Group to attract global manufacturers.
The initiative is expected to draw companies from over 14 countries, particularly in textiles, minerals, and electric vehicles. Amid shifting global supply chains, the investment positions Kenya to benefit from rising geopolitical and trade realignments, reinforcing its role in Africa’s industrial transformation.
