Adil Popat's Simba Corp commits $7.7 million to Kenya electric vehicle assembly line
Billionaires Africa | 10.06.2026 22:29
Adil Popat's Simba Corporation, one of Kenya's oldest and most diversified family-owned business groups, is investing Sh1 billion ($7.7 million) in a dedicated electric vehicle assembly line at its Mombasa plant through subsidiary Associated Vehicle Assemblers, positioning the 77-year-old conglomerate to capture growing demand for locally assembled electric vehicles as Kenya consolidates its ambition to become East Africa's electric mobility hub.
