Lake Region Business Summit Showcases High Impact Projects

Organisers of the 2025 Business Ecosystems Summit (BES), an investment forum uniting business, investors, and policy makers, have called to investors to channel their capital into high-impact projects.

Speaking at a press conference ahead of the Summit scheduled for 6-8 August in Kisumu, Victor Nyagaya, CEO of the Lake Region Economic Bloc (LREB), emphasised the importance of strategic public-private partnerships (PPPs) and regional cooperation as the keys to building resilient economies across western Kenya and beyond.

“PPPs are key to achieving our development goals,” Mr. Nyagaya. “We are creating a conducive investment environment that is complete with harmonised policy frameworks, streamlined approvals, and strong accountability mechanisms. Let us form partnerships that deliver clean energy to homes, fund climate-smart irrigation, build innovation hubs, create circular waste solutions, growth the blue economy, and transform lives in the bloc and beyond.”

Dr Mathew Ochieng Owilo, Deputy Governor of Kisumu County, highlighted the county’s investment readiness across multiple sectors. “Kisumu is ready for business,” he said. “With Lake Victoria as a gateway to East Africa, we are strategically positioned to grow regional trade, attract global investment, and drive innovation across key sectors like blue economy, logistics, tourism, and agribusiness.”

> Business Ecosystems Summit 2025 Eyes Ksh 3 Trillion in Deals

Organised by The IMC People, the 2025 Business Ecosystem Summit is set to convene stakeholders including investors, government leaders, MSMEs, financial institutions, innovators and development partners for three days of deal-making, policy engagement, and marketplace exhibitions.

Building on the success of BES 2023 which facilitated over USD 400 million in capital flows and supported large-scale MoUs including a USD 3 billion agreement between the Government of Kenya and Afreximbank, BES 2025 now aims to unlock more investment in private and public sector businesses.

“BES 2025 is about designing the future of business ecosystems in Africa. We are not re-inventing the wheel through the Summit. We are simply greasing it for faster movement through practical partnerships and driving sustainable policies,” said Jeanette Oromo, CEO of The IMC People.

The summit programme will feature high-level forum, sector-specific panels, investment matchmaking sessions and an immersive marketplace.

> Airtel Kenya Closes Gap in the Race for Customers With Safaricom