News
The State Department for Investment Promotion, in partnership with the World Bank and major pension sector players, today convened a high-level dialogue on the establishment of the Green Investment Fund (GIF). The meeting, chaired by Principal Secretary Abubakar Hassan Abubakar, brought together key institutional investors including the Central Bank of Kenya (CBK) Pension Fund and the Public Service Superannuation Fund (PSSF).
The Ministry of Investments, Trade and Industry (MITI) through the State Department for Investment Promotion (SDIP) today launched the inaugural County Competitiveness Index (CCI) Report in Nairobi — a data-driven tool designed to benchmark the investment readiness of Kenya’s 47 counties and guide county-level policy and investment decisions. The event, led by Cabinet Secretary Hon.
The Unlocking Finance and Investments for Institutional Clean Cooking Forum convened policymakers, investors and development partners today in Nairobi to accelerate the shift towards sustainable and inclusive clean cooking solutions across Kenya’s institutions.
The groundbreaking of the 2,000-acre Vipingo Special Economic Zone (SEZ) by H.E. Dr. William Ruto, President of the Republic of Kenya, was the highlight of the second day of the Arise Integrated Industrial Platforms (IIP) – Kenya Investment Forum 2025 in Kilifi County. The forum, held under the theme “Unlocking Opportunities through Special Economic Zones,” brought together policymakers, investors, financial institutions and development partners to advance Kenya’s industrialisation agenda.
Principal Secretary for Investment Promotion, Abubakar Hassan Abubakar, has reaffirmed the government’s commitment to creating a business-friendly environment as he presided over the Arise IIP–Kenya Investment Forum 2025, dubbed “Unlocking Kenya’s Industrial Future,” held in Kilifi County from September 15 to 16, 2025.
The Principal Secretary for Investment Promotion, Abubakar Hassan Abubakar and Principal Secretary for Cooperatives, Patrick Kilemi, today concluded the second day of their official visit to Lamu, where they toured ginneries and held engagements with farmers and cooperatives. The visit sought to boost the cotton-to-clothing value chain, encourage investment and strengthen cooperatives as key drivers of economic growth in the county.
The Ministry of Investments, Trade and Industry (MITI) has called for submission of proposals on legislative reforms for advancing consumer protection, investments, trade and manufacturing.According to Cabinet Secretary MITI Hon. Salim Mvurya, costs and procedures for domestic trade remained unfavorable and burdensome primarily due to unpredictable tax regime and high cost of power.
The Principal Secretary for the State Department for Investment Promotions, Mr. Abubakar Hassan Abubakar, today joined key stakeholders at the inaugural World Chambers Federation (WCF) Africa Summit held at the Radisson Blu Hotel, Upper Hill, Nairobi. This historic event marked the first time the summit has been held on African soil.
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.
In a historic first visit to Kenya, His Excellency Dr. Alex Stubb, President of the Republic of Finland, today led a high-level Finnish delegation to the Kenya-Finland Business Forum held at the JW Marriott Hotel in Nairobi. The event marked the first inaugural state visit by a Finnish President to Kenya, underscoring the deepening economic and diplomatic relations between the two nations.