News

The PS, Abubakar Hassan attended the 10th Annual Kenya Diaspora Homecoming convention to articulate the government's objective of doubling diaspora remittances and channeling 50% of remittances to investments.
We recognize the role played by Diaspora remittances in powering the Bottom Up Economic Transformation agenda.

President H.E. William Ruto welcomed IndiaEximBank, which is setting up its regional headquarters in Nairobi to serve the East Africa region. The President also welcomed Dr. Srinivasa Raju Gannavarapu, CEO of Procorp Enertech Private Limited, who has shown interest in investing in LREB counties.

IndiaEximBank is a leading export-import bank of India. The bank’s regional headquarters in Nairobi will provide financing and other support to Indian businesses investing in East Africa.

Investments, Trade and Industry CS Rebecca Miano says Kenya Development Corporation and United Green Investment Group have signed an MOU to develop an advanced US $275 Million climate-smart agri-food systems investment.

CS Hon. Rebecca Miano intends to establish a "Karibu Desk" to serve as the first point of call for all local and international investors to enhance Kenya's investment climate.

Cabinet Secretary for Investments, Trade and Industry (MITI) Hon. Rebecca Miano has today signed Performance Contracts with her three Principal Secretaries in a meeting at the Kenya School of Government where she called for a 'Whole of Ministry Approach' in the implementation of the contract.

MITI CS Hon. Rebecca Miano and the PSs planted trees as part of GoK's initiative to plant 15 billion trees by 2032, a move aimed at reducing greenhouse emissions, stopping and reversing deforestation, and, restoring 5.1 million hectares of deforested and degraded landscapes

Hon. Rebecca Miano officiated the launch of a transformative partnership between the United Nations Development Programme (UNDP), World Bank and Kenya Investment Authority (KenInvest)  to develop and implement an Investment Facilitation Framework and Foreign Direct Investment (FDI) Attraction Strategy. The framework is aimed at creating a transparent, predictable, efficient and trusted mechanism for effective investment facilitation.

The Principal Secretary, Abubakar Hassan, officially launched the Industrial Park and special economic zone; Nairobi Gate. This commitment in fostering a condusive business environment attracting investment and facilitating international trade to transform Kenya's manufacturing, warehousing, logistic and transport sector

In a recent development, the Cabinet Secretary, Hon. Rebecca Miano, engaged in a fruitful meeting with the National Investment Council. During the meeting, valuable insights into the council's initiatives were exchanged. Together, they delved into various avenues aimed at enhancing investments and driving economic growth in Kenya. The discussions underscored the significance of a robust partnership between the public and private sectors as a crucial element for fostering a resilient economy.

The Department staff in collaboration with Lamu County Locals participated today in Mangroves tree planting at Wiyoni Beach in Lamu Island.