New Multi-Agency Approach  to Improve Business Climate in Kenya

Kenya Investment Authority (KenInvest) and the Kenya Private Sector Alliance (KEPSA) have launched a multi-agency partnership aimed at improving Kenya’s business environment.

This strategic move will leverage key government agencies and private sector stakeholders to streamline investment processes, jointly advocate for business-friendly policies, and promote Kenya as a premier investment destination.

Speaking during the launch, Mr John Mwendwa, CEO for KenInvest said this partnership marks a significant step towards creating a more competitive and attractive investment destination in Kenya. “By working closely with KEPSA and other key stakeholders, we are confident that we can unlock the full potential of the private sector and drive sustainable economic development,” he said.

The approach acknowledges the vital role of a thriving private sector in accelerating economic growth and job creation. It also aims to cultivate stronger partnerships between public and private entities, fostering a mutually beneficial approach.

Ms Caroline Kariuki, CEO of KEPSA said this initiative highlights the power of collaboration in unlocking the private sector’s potential to drive Kenya’s economic growth. She said KEPSA remains dedicated to fostering such partnerships to create a competitive business environment and position Kenya as a leading destination for sustainable investment.

Present at the event were Ms Brenda Mbathi, Vice Chairperson KEPSA and CEO  of Two Rivers International Finance and Innovation Centre (TRIFIC), and Mr James Mureu, Chair, Economic Diplomacy Sector Board and Senior Management of Kenya InvestmentAuthority.

> How to Invest in Safaricom’s Ziidi Money Market Fund