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Mobius Rescued: The Middle Eastern Investor Betting Big on Kenya’s Car Industry

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Kenya’s struggling car manufacturer, Mobius Motors, has been salvaged from the brink of collapse. The company, which was staring down financial ruin, has been scooped up by Silver Box, a Middle East-based investment firm, in a deal that promises to breathe new life into Kenya’s homegrown automotive dream. For years, Mobius was heralded as the brand that would put Africa on the global car manufacturing map. But financial troubles, mounting debts, and tax battles nearly sent it to the scrapyard. Now, with fresh capital and a new strategy, the automaker is gearing up for a dramatic comeback. How Silver Box Plans to Turn Mobius Around Silver Box, which spec.......

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