News
The Principal Secretary for the State Department for Investment Promotion Mr. Abubakar Hassan Abubakar today joined key stakeholders at the second edition of the European Union-Kenya Business Forum, held at the Emara Ole-Sereni Hotel in Nairobi. Thehigh level event themed "Digitalizing Trade," brought together public and private sector leaders from Kenya and the European Union to explore new opportunities for sustainable investment and trade in the digital age.
The Principal Secretary for the State Department for Investment Promotion (SDIP), Abubakar Hassan Abubakar, has reaffirmed the government’s commitment in working closely with the private sector to improve Kenya’s investment climate. He called for streamlined collaboration and a unified approach in engaging with the State Department.
The Government has embarked on the implementation of a 10 year Kenya Jobs and Economic Transformation (KJET) Project funded by the World Bank at a cost of close to Ksh.19.5 billion (USD 150 Million). Implementation of the KJET Project is being coordinated by both the Ministry of Investment, Trade and Industry in collaboration with the Ministry of Cooperatives, Micro, Small and Medium Enterprise Development
The Principal Secretary for the State Department for Investment Promotion (SDIP), Abubakar Hassan Abubakar, has reaffirmed the government’s commitment in working closely with the private sector to improve Kenya’s investment climate. He called for streamlined collaboration and a unified approach in engaging with the State Department.
The Kenya Investment Authority (KenInvest) says the country is currently engaged in discussions over 244 investment deals valued at Ksh. 6.760 trillion (approximately USD 52 billion). Of these, 35 projects are being implemented under the Africa Green Industrialization Initiative (AGII), highlighting Kenya’s commitment to sustainable and green industrial development.
April 11, 2025 — NSSF Building, Nairobi
The Principal Secretary (PS) for the State Department for Investment Promotion today held an interactive forum with representatives from the Association of County Student Association Presidents-Kenya (ASCAP-K). The association comprises 94 student leaders and their deputies, representing institutions in all 47 counties.
April 10, 2025-Nairobi, Kenya
The State Department for Investment Promotion hosted a strategic engagement with a high-powered international delegation comprising investors and industry leaders from the United States, China and Southern Asia as part of a scouting mission to explore opportunities in the country’s burgeoning textile and garment industry.