Kenya and Japan have struck a significant agreement poised to boost Kenya’s automobile sector substantially. The deal, involving Kenya and the renowned Japanese automotive giant Toyota Tsusho Corporation, is anticipated to generate approximately Sh99 billion in investments in green energy and vehicle manufacturing.

Reported by BusinessDaily, the Kenyan President, Dr. William Ruto, shared updates on the collaboration with Toyota Tsusho Corporation via social media.


President Ruto revealed that during his visit to Tokyo, Japan, the Framework Agreement for Collaboration between Kenya and Toyota Tsusho Corporation was signed, followed by a tour of the Toyota Motamachi Factory.

The agreement encompasses several key projects, including the Sh15 billion Meru Wind Farm Energy, Sh8 billion Isiolo Solar Energy, Sh800 million initial investment in Thika’s Kenya Vehicle Manufacturers (KVM), Sh75 billion Menengai Geothermal Plant, and initiatives to promote electrified vehicles.

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