DP World Ramps up Investments in East Africa Through 222-Hectare SEZ in Kenya

DP World ramps up investments in East Africa through 222-hectare SEZ in Kenya

Mombasa Industrial Park will serve as a gateway for foreign direct investment as it will expand local manufacturing capacity and strengthen connections with international markets.

DP World and GulfCap Africa sign agreement to establish 222-hectare SEZ in Kenya, supporting over 20,000 jobs

Suleiman Shahbal's GulfCap and DP World sign Mombasa SEZ deal

DP World is putting more than $100m into a 535-acre industrial zone at Jomvu with Suleiman Shahbal's GulfCap. At the signing, President Ruto used the podium to tell Shahbal to abandon his bid for Mombasa governor.

DP World and GulfCap Africa sign agreement to establish 222-hectare special economic zone in Kenya

DP World and Kenya-based GulfCap Africa signed an agreement for the development of the Mombasa Industrial Park, which is planned as a 222-hectare Special Economic Zone (SEZ). The deal was signed in the presence of His Excellency Dr. William Samoei Ruto, President of the Republic of Kenya. The agreement builds on the partnership announced by […]

DP World, GulfCap Africa advance Mombasa Industrial Park investment with Shareholders Agreement

DUBAI, 9th September, 2026 (WAM) -- DP World and Kenya-based GulfCap Africa signed an agreement, in the presence of Dr. William Samoei Ruto, President of the Republic of Kenya, for the development of the Mombasa Industrial Park, which is planned as a 222-hectare Special Economic Zone (SEZ).The agreement builds on the partnership announced by DP World and GulfCap Africa in early August. It advances plans for the

Why Ruto wants Shahbal out of the Mombasa governor race

A mega investment deal by Mombasa businessman Suleiman Shahbal has taken a political twist after President William Ruto openly moved to discourage him from pursuing the Mombasa gubernatorial position. In an unusual intervention in a race expected to be closely watched in the 2027 elections, Dr Ruto said he had personally advised Mr Shahbal against seeking the county’s top seat. He argued that the Coast businessman can serve Kenya better by creat…