News
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.
The Principal Secretary for Investment Promotion, Mr. Abubakar Hassan, joined government leaders, investors and the business community at the first Murang’a Investment Conference, hosted at Thika Greens Golf Resort by Murang’a Governor Irungu Kang’ata. The event was officially opened by His Excellency President William Ruto and marked a key milestone in Kenya’s strategy to transform counties into industrial and investment hubs.
The Principal Secretary for the State Department for Investment Promotion, Mr. Abubakar Hassan Abubakar, CBS, on Friday reaffirmed Kenya’s strategic positioning as an investment gateway to Africa during the 5th India-Africa Entrepreneurship and Investment Summit held at the Trademark Hotel in Nairobi.
The Government of Kenya has formally appealed to the United Republic of Tanzania to rescind newly imposed tax and licensing measures that Nairobi says are discriminatory and risk derailing the progress made under the East African Community (EAC) integration framework.
The European Union Funded Business Climate Enhancement Sub- Objective 3 program of Business Environment and Export Enhancement Programme (BEEEP), under the State Department for Investment Promotion (SDIP) launched a week-long workshop from Monday July 21, 2025, for the private sector stakeholders to seek input on improving Kenya’s business environment.