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Dutch Oil Marketer Lexo Energy Launches In Nairobi

A Netherlands-based company has launched operations in Kenya, making Nairobi its second African destination. Lexo Energy, the latest oil marketer to join the Kenyan market, is backed by a multi-billion-shillings war chest with which it plans to open up to 25 new petrol stations this year. The entry bucks a recent trend in which Western […]

Dutch PE firm DOB Equity targets to double its Kenyan portfolio this year, signalling an aggressive round of acquisitions involving local mid-sized firms. The family-owned fund says it is scouting for investment opportunities in Kenya where it already has stakes in eight ventures across sectors such as retail, agribusiness, education, and energy. “DOB Equity is […]

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Kenya will not receive financial assistance from the Netherlands beginning 2020, the European nation has said, citing “significant” economic growth in the past decade that has turned the East African state into a middle-income economy. The decision is expected to hit hard programmes supported by the Dutch government, which benefit some of the neediest segments […]

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Often talked about but getting least priority in the economy of developing countries, agriculture is central to solving the poverty conundrum in Africa. Understanding the role of agriculture in poverty alleviation is instrumental to comprehending the overall development process. It is widely believed that the problem of lack of income and its distribution or extreme […]

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Kenya has hired a Dutch consulting firm to advise on the development of three large-capacity stadiums meant to help East Africa’s largest economy tap into sports tourism by hosting international tournaments. Sports Kenya has engaged The Stadium Consultancy as the project managers to oversee the building of the three stadiums to be located in Nairobi, […]

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