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Published May 9, 2026businesseconomyinvestment

Glovo to invest Sh10 billion in Kenya by 2030

The firm says it has employed more than 600 staff locally and plans to double the number over two years

Source-backed market reading focused on the local industrial developments, project signals, and operating consequences that are actually worth tracking.

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The firm says it has employed more than 600 staff locally and plans to double the number over two years Delivery platform Glovo says it will invest an additional Sh10 billion in Kenya by 2030 as competition intensifies in the country’s fast-growing digital commerce and on-demand delivery sector.

The company made the announcement during the opening of its new Nairobi corporate headquarters, which it says will serve as part of its African digital operations hub. The expansion comes amid rapid growth in Kenya’s app-based delivery market, driven by rising smartphone use, digital payments and growing demand for convenience services beyond restaurant meals.

“Kenya is emerging among our fastest growing markets globally. Kenya grew by 40 per cent year-on-year by the end of 2025. The company currently operates in 12 towns and cities, working with more than 6,000 merchants and 2,200 active riders daily,” said Glovo co-founder and vice president of global affairs Sacha Michaud.

The firm also said it employs more than 600 staff in Kenya and plans to double that number over the next two years. Cabinet Secretary for Investment, Trade and Industry Lee Kinyanjui, who attended the launch, said digital platforms are increasingly shaping economic activity by helping small businesses access wider markets Government officials linked the growth of delivery platforms to broader expansion in Kenya’s accommodation, food services and ICT sectors, according to the 2026 Economic Survey.

Glovo says Kenya has become one of its fastest-growing markets globally since it entered the country in 2019. The company estimates it contributed Sh9 billion to Kenya’s GDP in 2025 and generated more than Sh20 billion in revenue for local businesses over the past six years, most of it flowing to small and medium-sized enterprises.

The announcement also reflects a broader shift taking place across Africa’s delivery industry as firms diversify beyond food delivery into groceries, retail shopping, courier errands, pharmacy products and pet supplies. Glovo chief technology officer Shiro Theuri said some of the platform’s fastest-growing categories now include health and beauty products, courier services and pet care.

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Glovo to invest Sh10 billion in Kenya by 2030

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Document: The Star Kenya Business · Source: The Star Kenya Business

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