×
App Icon
The Standard e-Paper
Join Thousands Daily
★★★★ - on Play Store
Download App

Kenyans mint billions from foreign investor interest

Interconsumer’s Paul Kinuthia sold 100 per cent of his beauty line to French firm L’Oreal.

By JEVANS NYABIAGE

Nairobi,Kenya:Taking stock: Multinationals eager to tap into the local market are wooing entrepreneurs with deals that are too good to pass upMultinationals’ growing appetite for local companies is creating a new crop of billionaires.

Get Full Access for Ksh299/Week.
Fact‑first reporting that puts you at the heart of the newsroom. Subscribe for full access.
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in