Browsing: Transport in Nairobi

  • Kenya’s Metrotrans East Africa has invested $3.3 million to acquire a fleet of buses to meet Nairobi’s growing population
  • The automobile firm said it has entered a deal with the National Bank of Kenya (NBK) and Simba Corporation to acquire the buses 
  • Simba Corporation will provide the buses to MetroTrans East Africa, while NBK, an arm of KCB Group, will offer the financial muscle

A Kenyan automobile company has invested $3.3 million to acquire a fleet of new FUSO buses to meet door-to-door transport demand in the Kenyan market.

The Exchange Africa has learnt that Metrotrans East Africa has entered into a lease partnership deal with the National Bank of Kenya (NBK) and Simba Corporation amid a continued population increase that has crippled the transport sector. Data by the company indicates that Nairobi currently has about 3 million residents and a daytime population of 4.5 million people who need to …