News
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.
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.