Kenya attracts Sh117.8bn in new investments, surpassing target

Kenya Investment Authority (KenInvest) acting Managing Director Florence Benta Were. 

Photo credit: Francis Nderitu | Nation Media Group

Kenya’s marketing campaigns in international and domestic exhibitions, including in the US, attracted Sh117.8 billion in fresh investments in the year to June 2024, a new government progress report shows, surpassing a target of Sh100 billion.

The value of investments as a result of State-sponsored campaigns abroad and locally represents a growth of 57.68 percent over Sh74.71 billion in the prior year, according to the State Department for Investments Promotion.

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