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Adil Popat's Simba Corp builds $7.7m Kenya EV assembly line

Adil Popat's Simba Corporation, one of Kenya's oldest and most diversified family-owned business groups, is investing Sh1 billion ($7.7 million) in a dedicated electric vehicle assembly line at its Mombasa plant through subsidiary Associated Vehicle Assemblers, positioning the 77-year-old conglomerate to capture growing demand for locally assembled electric vehicles as Kenya consolidates its ambition to become East Africa's electric mobility hub…
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Billionaires.Africa broke the news on Wednesday, June 10, 2026.
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