The National Social Security Fund (NSSF) has unveiled an ambitious infrastructure-led investment strategy that will see up to Ksh30 billion of workers’ pension contributions channeled into the Rironi-Mau Summit toll road project, marking one of the most significant direct infrastructure investments by a Kenyan pension scheme. The move forms part of the fund’s aggressive push […]

President William Ruto has launched an audacious appeal to the global investment community, calling for $40 billion in capital to finance Kenya’s decade-long national transformation programme—a comprehensive infrastructure modernization strategy designed to propel the East African nation toward first-world economic status without imposing additional debt burdens or tax increases on citizens. Speaking during the annual […]

In a significant development for Kenya’s emerging electric mobility sector, Rideence Africa Limited has announced a Sh320 million investment to begin local assembly of electric vehicles at the Associated Vehicle Assemblers plant in Mombasa. This strategic move marks a pivotal transition for the Chinese-backed company from being solely an importer and operator to becoming a […]

Kenya is positioning itself as a strategic frontier for American mining investment as the government implements comprehensive regulatory reforms designed to unlock largely untapped rare earth mineral reserves, aiming to boost export revenues and diversify an economy that has historically underutilized its significant geological endowments. The East African nation’s mining sector currently contributes approximately 0.7 […]

Kenya has launched an aggressive campaign to secure over Sh258 billion ($2 billion) in new investment commitments across critical economic sectors by March 2026, leveraging the upcoming Kenya International Investment Conference as the primary platform for deal-making. The Ministry of Investment, Trade and Industry, through the Kenya Investment Authority (KenInvest), will host the three-day conference […]

XSML Capital, a specialized provider of growth capital to small and medium-sized enterprises operating in some of Africa’s most challenging frontier markets, has announced the final close of its African Rivers Fund IV (ARF IV) at $142 million, surpassing its hard cap of $135 million. The successful fundraising demonstrates sustained investor confidence in the firm’s […]

In a strategic move that highlights both the promise and pain points of Kenya’s agricultural export sector, Flamingo Horticulture Kenya is plowing government-owed VAT refunds back into a major expansion of its Naivasha operations—a decision that will create approximately 2,000 new jobs while underscoring the critical importance of resolving the country’s persistent tax refund delays. […]

Kenya’s Capital Markets Authority is breaking new ground in Africa’s financial regulation landscape by developing a specialized compensation mechanism to protect investors who trade in virtual assets, marking a significant evolution in the country’s ambition to establish itself as the continent’s premier digital finance hub. The proposed fund would operate separately from existing investor protection […]

Kenya’s cooperative financial sector continues to serve as a critical conduit for international development financing, with Siraji Savings and Credit Co-operative Society Ltd becoming the latest recipient of World Bank-backed funding aimed at revitalizing small and medium enterprises still grappling with the economic aftershocks of the COVID-19 pandemic. On Friday, AVLC Group formally handed over […]

In a significant boost to Kenya’s climate finance infrastructure, the World Bank has committed approximately Sh5.5 billion ($43 million) to establish a dedicated Green Investment Fund under the Kenya Development Corporation, marking a transformative moment for the country’s sustainable enterprise development and green economic transition. The funding, which forms part of the broader Kenya Jobs […]