News
During a business round table meeting with German investors, it was agreed to expand and enhance investment relations in the fields of renewable energy and desalination technologies. The German investors expressed their interest in forming partnerships either through co-investment with Kenyan investors or public-private partnerships.
On the present day, PS Abubakar Hassan welcomed a delegation representing the British High Commission and the British Chamber of Commerce of Kenya. The primary focus of the discussions was on the forthcoming visit of the Special UK Envoy for Trade to Kenya, anticipated to take place in late September 2023. Additionally, deliberations encompassed the organization of a UK Business Forum in Nairobi before the culmination of this year. This forum is intended to serve as a preliminary event for the upcoming Africa Business Summit scheduled for April 2024.
Today, the PS for Investment Promotion, Abubakar Hassan, had a productive meeting with EPZ enterprises at EPZ Athi River as part of the state department's aftercare program. The primary objective of this engagement was to enhance the ease of doing business for entities operating within the Zone.
Following the meeting, the PS proceeded to tour Nodor EPZ Ltd, a noteworthy investment amounting to 20 million Pounds from the UK within the EPZ program. Notably, this investment embodies complete backward integration with sisal farmers and extensive utilization of local sourcing.
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.
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.
The newly appointed Cabinet Secretary for Investments, Trade and Industry (MITI) H.E Hon Salim Mvurya committed to address constraints which have contributed towards the country's decline in manufacturing over the last decade.
Hon Mvurya who officially took over from the outgoing CS Ms Rebecca Miano promised to provide leadership which will guarantee acceleration in the manufacturing sector besides working hard to bring in new investors.
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.
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.