Kenya eyes Sh400bn investor deals as jobs pressure mounts
Nairobi, Sept. 6 -- Kenya has raised its investment target by more than 80 percent, citing more aggressive campaigns to court investors to bring in capital to start and expand businesses in a bid to create opportunities for thousands of skilled workers struggling to find jobs.
Invest Kenya has set a Sh400 billion goal for foreign and local direct investment in the current financial year to June 2027, an 81 percent increase from the Sh221.4 billion attracted last year ended June 2026.
The target is contained in the State Department for Investment Promotion's draft Medium-Term Expenditure Framework (MTEF) report, which is currently undergoing public participation.
The target is Sh178.6 billion higher than the actual investment the State ...
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