The Kenya Private Sector Alliance (KEPSA) and the Kenya Investment Authority (KenInvest) have formalised a partnership aimed at strengthening Kenya’s investment landscape, enhancing economic growth, and fostering a more competitive business environment.

Sealed through a Cooperation Agreement signed by KEPSA Chief Executive Officer Carole Kariuki and KenInvest Chief Executive Officer John Mwendwa, the collaboration seeks to deepen economic, technological, and investment ties.

According to Kariuki, the agreement symbolises a commitment to sustainable investment efforts.

“Today’s signing of the Cooperation Agreement between KEPSA and KenInvest is more than just a formal commitment; it is a testament to our shared vision and dedication to driving sustainable investments,” she stated during the ceremony.

The partnership will prioritise investment promotion, policy advocacy, and reforms aimed at improving the business environment to attract both local and international investors.

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Additionally, the collaboration will bolster the KEPSA Market Intelligence Hub and Kenya Investment Single Window, initiatives designed to streamline investor facilitation and enhance ease of doing business.

KenInvest CEO John Mwendwa underscored the importance of the initiative in positioning Kenya as a prime investment hub.

“This partnership marks a significant step towards creating a more competitive and attractive investment destination in Kenya,” he said.

Both institutions reaffirmed their dedication to economic transformation, emphasising that the agreement will drive strategic initiatives to solidify Kenya’s position as a leading investment destination in the region.