Kenya Secures Over USD 2.9 Billion in Deals as KIICO 2026 Opens

Kenya officially opened the Kenya International Investment Conference (KIICO 2026) with the announcement of over USD 2.9 billion in investment deals expected to create more than 63,000 direct jobs across the country.

The deals, unveiled by H.E. President Dr. William Ruto, span key sectors including agriculture, manufacturing, mining, healthcare, ICT, energy, and real estate, reflecting growing investor confidence in Kenya’s economy and long-term growth outlook.

Agriculture and agro-processing attracted approximately USD 890 million in investments focused on value addition, irrigation, sugar processing, and horticulture exports. Manufacturing secured nearly USD 600 million across fertilizer production, textiles, solar panel manufacturing, plastics recycling, and glass production, while the mining sector received a major boost through NGX Limited’s USD 350 million rare earth investment in Kericho.

Real estate projects worth USD 630 million and major healthcare investments aimed at expanding specialized medical services further underscored Kenya’s position as a competitive and diversified investment destination.

Speaking during the opening ceremony, President Ruto reaffirmed the Government’s commitment to investor-friendly reforms, including the digitization of the One-Stop Investment Centre, tax reforms, and enhanced incentives under Kenya’s Special Economic Zones and Export Processing Zones.

Cabinet Secretary for Investments, Trade and Industry Lee Kinyanjui noted that the quality and scale of the deals demonstrate Kenya’s readiness to convert investor interest into bankable, implementation-ready projects.

KIICO 2026 has attracted investors from the United States, United Kingdom, United Arab Emirates, China, India, and South Korea, further reinforcing Kenya’s role as the gateway for investment into East and Central Africa.