Browsing: Maxwell Okello

Kenya has seen five American multinational corporations enter its territory setting base in what is a challenging time for the East African economic hub.

The latest entrants who entered the Kenyan market in the last 12 months are an indication that US private-sector businesses are bold enough to dive into the economy that has been decelerating.

Among these companies that will create opportunities and transform the business landscape in Kenya and the region include Cigna, an American health services organization and Abbot Laboratories.

The two have already set up regional offices in Nairobi. This is Abbot Labs’ second regional office in Africa after decades of being present in South Africa.

American agricultural chemical and seed company Corteva and the American Tower Corporation (ATC) have also set up regional offices in Kenya.

ATC has already acquired 723 towers from Telkom with another acquisition in the pipeline which will make ATC Kenya …