News
The Embassy of the Sultanate of Oman in Kenya today hosted a vibrant celebration of Oman’s National Day in Nairobi. The event brought together diplomats, senior government officials and invited guests, including Kenya’s Principal Secretary for Investment Promotion, Mr. Abubakar Hassan Abubakar, who joined Ambassador Nasra Salim Mohamed Al-Hashmi in commemorating the occasion. The ceremony highlighted Oman’s national achievements, diplomatic priorities and the strengthening bilateral ties between Kenya and Oman.
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.
Kenya has officially launched the Kenya International Investment Conference (KIICO) 2026, a flagship investment forum expected to mobilise more than Sh260 billion ($2 billion) in new investment commitments as the country steps up efforts to position itself as a regional investment hub.
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.