Sovereign wealth fund: What it is and why Kenya wants one

Tullow Oil tanks at its Turkana field.  

Photo credit: File | Nation Media Group

Kenya is making a second stab at establishing a sovereign wealth fund, with the Treasury publishing the Draft Kenya Sovereign Wealth Fund Bill 2025 to pave the way for the creation of the fund, which is to be managed and invested for the benefit of current and future generations of citizens of Kenya.

What is a sovereign wealth fund?

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.