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State reserves 10pc of minerals, petroleum wealth for future generations
President William Ruto’s administration is banking on the Sovereign Wealth Fund (SWF) and the National Infrastructure Fund (NIF) to deliver Sh5 trillion worth of projects over the next 10 years.
The government targets to set aside 10 percent of its planned sovereign wealth fund (SWF) for future generations as it races to establish a national investment vehicle through which it will manage windfalls from Kenya’s petroleum and mineral resources.
The proposal is contained in the Sovereign Wealth Fund Bill, 2026, which seeks to create a structured framework for collecting, saving, and investing income generated from the country’s extractive industries.
