Sector: 
Logistics
Country: 
Kenya
Date of Investment: 
2016
Deal type: 
Buy-Out and expansion capital

General Cargo Group (GCG) is a provider of logistics and transport solutions in the Kenyan market. GCG has operated for over 35 years and is recognised as one of the leading Kenyan SME’s in its sector.

Kibo has carried out this investment in partnership with Velogic Logistics, the Indian Ocean leader in logistics solutions. Kibo and Velogic will expand GCG’s product offering and value-added services in Kenya and the region. This investment builds up on a partnership between one of Africa’s most successful logistics players and a local based leader to capitalize in the expansion of the region’s economies.