Kenya: Glovo to Invest Sh10bn in Kenya By 2030

Kenya: Glovo to Invest Sh10bn in Kenya By 2030

Nairobi -- Glovo has announced plans to invest Sh10 billion in Kenya by 2030 as the delivery platform expands operations amid rising demand for online shopping and digital services.

Glovo opens new regional office in Nairobi, commits Sh10 billion investment by 2030

Delivery platform Glovo opened a new regional headquarters in Nairobi as competition in Kenya’s online delivery sector intensifies. The company said the Nairobi office will serve as its African operations hub, even as it commits an additional Sh10 billion investment in Kenya by 2030. The investment is expected to support expansion into more towns outside Nairobi, as firms race to capture a larger share of Kenya’s digital commerce market. The mov…

Glovo Opens Nairobi HQ, Commits KSh 10 Billion to Kenya Through 2030

Glovo has opened its new corporate headquarters in Nairobi and pledged KSh 10 billion in fresh investment in Kenya by 2030, marking its largest commitment to the country since entering the market in 2019. Cabinet Secretary for Investment, Trade and Industry Lee Kinyanjui presided over the inauguration, lending government weight to an occasion that drew [...] The post Glovo Opens Nairobi HQ, Commits KSh 10 Billion to Kenya Through 2030 appeared f…

Glovo’s Kenya Business Expands as Small Merchants Move Further Online

More Kenyans are using delivery apps for routine purchases, giving Glovo one of its strongest growth rates globally as merchants increase their reliance on digital sales channels. The company says business in Kenya is expanding at an annual rate of between 35% and 40%, with customer order frequency rising across food delivery, groceries and household-related … The post Glovo Says Kenya Is Becoming One of Its Fastest-Growing Markets appeared firs…