Electric Mobility is a priority investment area in the transport sector because of its market potential and ability to mitigate climate change. PS Abubakar Hassan, was honored to be the chief guest in the launch of the partnership ceremony between Cherry Automobile (the largest Chinese automobile manufacturer) and Kenyan Afrigreen Automobile Limited. This is a 20 M $ Investment in an Electric Vehicle Assembly Plant in Kenya with a potential of 3000 Direct and Indirect Jobs.

The service charter for the state department for Investment Promotion(SDIP).

The Government continues to green the financial sector to allow Green and sustainable financing. Today the PS, Abubakar Hassan was honored to join Stanbic Bank, Nairobi Securities Exchange, and the USADF team led by Dr. Joshua Oigara and Frank Mwiti in unveiling the 2023 sustainability report. Glad to witness 14 Youth Enterprises with impactful business cases in line with Government priority value chains receiving a 700,000 US$ Grant @ 50,000 US$ each.

Kenyan MSMEs have expressed optimism and looking forward to expand their revenue base and employ more staff as per KNCCI forward- looking business barometer Q3 Report.

PS Abubakar Hassan has honored to launch the KNCCI Business Barometer Q3 report on opportunities to be unlocked and challenges to be addressed to rally domestic investments in Kenya.

archived.investmentpromotion.go.ke/sites/default/files/2024-09/SDIP SERVICE CHARTER_English.mp3

The PS,  Abubakar Hassan Abubakar from the State Department for Investment Promotion presided over the dissemination exercise of the MTP IV ( 2023-2027) in Lamu County. Hosted by Lamu Deputy County Commissioner in partnership with the State Department for Economic Planning (SDEP) from the National Treasury and Economic Planning. In attendance were County leaders and officials from across all sectors, National government officials, CBOs, Religious leaders, and members of the public.

The Principal Secretary, Abubakar Hassan ended the South Korea Africa Business Summit with South Korea Kenya Networking Session to enhance the partnership between South Korean and Kenyan Companies on investor-ready and bankable investment opportunities in Kenya. I was accompanied by the President of the Kenya National Chamber of Commerce Dr. Eric Ruto and the Governor of Kakamega County.

We urge international businesses to capitalize on the 60-year-old Kenya-U.S. relationship that is grounded on shared values of democracy, freedom, and enterprise to invest in Kenya. A good return on investment is guaranteed, especially in our renewable energy, housing, manufacturing, agriculture, and ICT sectors.

Kenya welcomes Coca-Cola's announcement to invest Sh23 billion ($175 million) over the next five years to expand its operations in the country. This is a milestone in the firm’s presence in Kenya and Africa, a testimony that we must sustain our strong collaboration for us to grow in Atlanta, Georgia, toured the CocaCola Company Headquarters.

Kenya welcomes Coca-Cola's announcement to invest Sh23 billion ($175 million) over the next five years to expand its operations in the country. This is a milestone in the firm’s presence in Kenya and Africa, a testimony that we must sustain our strong collaboration for us to grow in Atlanta, Georgia, toured the CocaCola Company Headquarters.