The Kenya Investment Authority (KenInvest) and the Kenya Private Sector Alliance (KEPSA) have launched a transformative partnership to improve Kenya’s business environment and attract sustainable investments. This collaborative effort aims to streamline investment processes, advocate for business-friendly policies, and position Kenya as a leading destination for global investors.
The partnership unites government agencies and private sector stakeholders, focusing on simplifying regulatory frameworks, improving the ease of doing business, and fostering economic growth. Speaking at the launch, KenInvest CEO John Mwendwa emphasized the initiative’s potential:
“This partnership marks a significant step towards creating a more competitive and attractive investment destination in Kenya. By working closely with KEPSA and other stakeholders, we are confident we can unlock the full potential of the private sector and drive sustainable economic development.”
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The collaboration acknowledges the critical role of the private sector in spurring economic growth, job creation, and innovation. By strengthening public-private partnerships, the initiative seeks to create a mutually beneficial ecosystem that supports long-term development.
KEPSA CEO Caroline Kariuki highlighted the importance of collective efforts in transforming Kenya’s business landscape:
“This initiative highlights the power of collaboration in unlocking the private sector’s potential to drive Kenya’s economic growth. At KEPSA, we remain dedicated to fostering such partnerships to create a competitive business environment and position Kenya as a leading destination for sustainable investment.”
The launch event was attended by industry leaders, including Brenda Mbathi, KEPSA Vice Chairperson and CEO of Two Rivers International Finance and Innovation Centre, and James Mureu, Chair of the Economic Diplomacy Sector Board.
This partnership signals a shared commitment to fostering economic progress and positioning Kenya as a hub for global investment opportunities.
