Nairobi-Kenya-May, 28, 2025                                                           

NAIROBI, Kenya – Wednesday, May 28, 2025                                           

The government plans to initiate targeted reforms in Kenya’s publishing industry to promote investment in the sector. This followed a strategic meeting between the Principal Secretary for Investment Promotion Mr. Abubakar Hassan Abubakar and the leadership of the English Press Limited.

Nairobi, Kenya – May 26, 2025                                                                  

In a concerted effort to bolster job creation and attract private investment, the State Department for Investment Promotion convened a joint consultative meeting bringing together Communication Personnel drawn from both the Ministries of Investments, Trade and Industry (MITI) and the Ministry of Cooperatives, Micro, Small and Medium Enterprises (MCOMSMEs) Development to streamline the communication strategy for the Kenya Jobs and Economic Transformation (KJET) programme.

In a strategic move to deepen economic reforms and unlock greater investment flows, the Principal Secretary for the State Department for Investment Promotion, Mr. Abubakar Hassan Abubakar convened a consultative meeting with senior representatives from the International Finance Corporation (IFC), the Export Processing Zones Authority (EPZA) and the Special Economic Zones Authority (SEZA).

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 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 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.