KCB Bank Kenya and Invest International, a Netherlands public-private financial institution have signed a deal to set up a dedicated hub in Kenya to support Dutch entrepreneurs seeking financing solutions in emerging markets.
The Kenyan desk will be the second after Nigeria and will serve as a central hub for businesses in Africa by linking them to working capital, export financing and investment facilities.
The deal which was signed in Nairobi will see Netherlands businesses get access to finance and local currency markets.
It will also support provision of market insights, and advisory solutions for Dutch businesses seeking to enter the Kenyan market and for Kenyan enterprises looking to expand into the Netherlands in key sectors such as agriculture, energy, healthcare, water, and infrastructure.
KCB Bank Kenya, Managing Director, Annastacia Kimtai, said: “This is a landmark moment for us as we continue to enhance Kenya’s business environment and foster international partnerships. This collaboration underscores our commitment to providing businesses with the tools they need to thrive and we look forward to seeing the positive impact this initiative will have on trade and investment between Kenya and the Netherlands.”
The hub is aligned with both Kenya’s and the Netherlands’ long-term economic and environmental goals. By fostering innovation, entrepreneurship, and responsible business practices, the desk will play a critical role in supporting Kenya’s position as a hub for international trade and investment while promoting the Netherlands’ leadership in sustainable development.
Invest International, CEO, Hans Docter said: “We are excited to partner with KCB Bank to bring the Dutch financing hub to Kenya. We aim to offer Dutch businesses a gateway into one of Africa’s most vibrant economies while also opening new markets for Kenyan enterprises. We believe that this initiative will facilitate trade and encourage investments that drive positive change within the wider East African economy.”