|#||Actual Signal Date||Investing Company||Parent Company||Revenue ( USD m)||Employees||Source country||Source State||Source City||Destination Region(s)||Destination Country(s)||Industry Sector(s)||Industry Cluster(s)||Industry Activity(s)||Description||Signals||Data source||Contact name (1)||Position (1)||Email (1)||Telephone (1)||Contact name (2)||Position (2)||Email (2)||Telephone (2)||Contact name (3)||Position (3)||Email (3)||Telephone (3)|
|1||May 2013||Sameer Africa||Sameer Group||Kenya||Nairobi Area||Nairobi||Ethiopia|Somalia|Sudan|Zambia|Zimbabwe||Rubber||Transport Equipment||
Tyre producer and distributor Sameer Africa, a subsidiary of Kenya-based
Sameer Group, plans to expand its operations into several new regional
markets. The company has identified Zambia, Zimbabwe, Ethiopia, Sudan
and Somalia as being of particular interest.
|New Investment Strategy||Allan Walmsley||Managing Director, Sameer Africa|
|2||May 2013||Takaful Insurance of Africa||Takaful Insurance of Africa||Kenya||Nairobi Area||Nairobi||Ethiopia|Somalia|Somaliland |Tanzania|Uganda||Financial services||Financial Services||
Kenya-based Shariah compliant insurer, Takaful of Africa, plans to
expand its regional operations into several countries in east Africa.
The company is specifically targeting Ethiopia, Tanzania, Uganda,
Somalia and Somaliland as part of a five year growth strategy.
|New Investment Strategy||Hassan Bashir||Chief Executive Officer|
|3||May 2011||Wananchi Group (WG)||Wananchi Group (WG)||Kenya||Nairobi Area||Nairobi||
|Communications||ICT & Electronics||
Kenya-based Wananchi Group, a leading provider of pay TV, broadband
internet and voice over Internet protocol services, has raised $57.5m in
growth capital. Some of the capital raised in the financing will be used
to support the launch of the company’s direct-to-home satellite pay TV
offering in the greater east Africa region to 10 countries; Kenya,
Uganda, Tanzania, Ethiopia, Eritrea, Sudan, Rwanda, Burundi, Malawi and
|New Funding/Resources for Expansion||Richard Bell||Vice Chairperson|