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KCB Offers Financial Services To Dutch Firms
KCB Partners With Dutch Firms: KCB Bank Kenya and Invest International, a Netherlands public-private financial institution have signed a deal to set up a dedicated hub in Kenya to support Dutch entrepreneurs seeking financing solutions in emerging markets.
The Kenyan desk will be the second after Nigeria and will serve as a central hub for businesses in Africa by linking them to working capital, export financing, and investment facilities.
KCB Partners With Dutch Firms
The deal, signed in Nairobi, will see Netherlands businesses get access to finance and local currency markets.
The partnership will also support the provision of market insights, and advisory solutions for Dutch businesses seeking to enter the Kenyan market and for Kenyan enterprises looking to expand into the Netherlands in key sectors such as agriculture, energy, healthcare, water, and infrastructure.
“KCB Partners With Dutch Firms. The Dutch Desk will offer a comprehensive suite of financial services, including the opening of local accounts, working capital funding, trade financing, investment loans, and long-term financing for Kenyan importers,” said the Dutch government in a press statement.
Kenyan and Dutch start-ups operating in the country will be major beneficiaries of the platform, said the Dutch government.
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What The Partnership Will Offer
Kenya is a major exporter of agricultural products to the Netherlands, including flowers, tea, coffee, and vegetables. The Netherlands is one of the leading markets for Kenyan agricultural exports including flowers and vegetables, providing a stable and lucrative market for Kenyan farmers.
The hub is aligned with both Kenya’s and the Netherlands’ long-term economic and environmental goals. By fostering innovation, entrepreneurship, and responsible business practices, the desk will play a critical role in supporting Kenya’s position as a hub for international trade and investment, while promoting the Netherlands’ leadership in sustainable development.
Invest International, CEO, Hans Docter said: “KCB Partners With Dutch Firms. We are excited to partner with KCB Bank to bring the Dutch financing hub to Kenya. We aim to offer Dutch businesses a gateway into one of Africa’s most vibrant economies while also opening new markets for Kenyan enterprises. We believe that this initiative will facilitate trade and encourage investments that drive positive change within the wider East African economy.”
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