News

Del Monte Kenya has unveiled a $4 million Individually Quick Frozen (IQF) processing facility and an 800-kilowatt solar photovoltaic (PV) plant valued at $5 million, marking a major step toward expanding value-added agricultural exports and strengthening clean energy adoption in Kenya.

The facilities were commissioned during a ceremony attended by the Principal Secretary, State Department for Investment Promotion, Abubakar Hassan Abubakar, alongside representatives from Invest Kenya and renewable energy partner Berkeley Energy Corporate Solutions.

The State Department for Investment Promotion participated in the U.S.–Kenya Trade and Investment Roundtable held at the Trade and Development Bank (TDB) Group Headquarters in Nairobi, bringing together senior government officials, development finance leaders and private sector representatives to strengthen bilateral trade and investment cooperation.

Kenya has officially launched the Kenya International Investment Conference (KIICO) 2026, a flagship investment forum expected to mobilise more than Sh260 billion ($2 billion) in new investment commitments as the country steps up efforts to position itself as a regional investment hub.

As we celebrate the festive season, we wish our valued partners, investors and the public a Merry Christmas and a Happy New Year!

We appreciate your continued collaboration and confidence in Kenya. May this festive season bring joy, prosperity and renewed opportunities for growth in the year ahead.

By
Abubakar Hassan Abubakar, CBS Principal Secretary

The national government has unveiled a 1,000-litre solar-powered milk cooler at Witu Livestock Cooperative Society Ltd in Lamu County, fulfilling a commitment made in August 2025 to strengthen livestock value chains, curb post-harvest losses and raise farm incomes. The facility was launched in Witu by Principal Secretary for Livestock Development Jonathan Mueke and Principal Secretary for Investment Promotion Abubakar Hassan Abubakar as part of a national cooler rollout spanning 40 counties.

Kenya has strengthened its industrialization drive with the official launch of K-Elec, a Korean–Kenyan technology firm that has commissioned electronics manufacturing factory to produce televisions and refrigerators for the regional market. The facility, unveiled today, brings together Kenyan talent and Korean manufacturing expertise and is expected to employ about 400 Kenyans. The launch attracted senior government officials, diplomats and industry leaders, reflecting the strategic importance of the investment to Kenya’s economic transformation.

The Africa Investment Conference 2025 opened today in Nairobi, bringing together investors, policymakers, innovators and CFA charter holders to chart a more decisive course for Africa’s economic transformation. Principal Secretary for Investment Promotion Abubakar Hassan Abubakar delivered the keynote address, highlighting Kenya’s commitment to enabling investment-grade opportunities and strengthening the continent’s collective ability to mobilize capital at scale.

Kenya’s public and private sector leaders gathered in Nairobi for the County Investment Readiness Forum. A high-level meeting focused on evaluating the nation’s investment preparedness and boosting competitiveness at the county level. The event brought together national and county officials, development partners, investors and economic policy experts including Principal Secretary (PS) for Investment Promotion Abubakar Hassan Abubakar, Council of Governors CEO Mary Mwiti, Kenya Investment Authority CEO John Mwendwa and KPMG’s partner Smita Sanghrajka.

Kenya and the European Union (EU) have reaffirmed their commitment to strengthening economic and development cooperation during a high-level engagement between the EU delegation and the State Department for Investment Promotion (SDIP). The engagement brought together officials from the Council Working Party on Humanitarian Aid and Food Aid (COHAFA), the Working Party on Development Cooperation and International Partnerships (CODEV-PI), EU Member States and technical teams from the Kenya Investment Authority and the Ministry of Investments, Trade and Industry.