Interior Principal Secretary Raymond Omollo said the expansion of TVET institutions reflects a deliberate shift toward vocational training as a key driver of employment and economic growth.
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Launched at the Kenya International Investment Conference (KIICO), the blueprint sets out a targeted strategy to attract private capital into waste management and circular economy value chains, reframing discarded materials as inputs for industrial growth rather than environmental liabilities.
Energy Cabinet Secretary Opiyo Wandayi cautioned that firms found withholding fuel stocks in anticipation of price increases risk losing their licences, describing the practice as “commercially opportunistic” and contrary to the public interest.
Equity risk premiums, the additional returns investors demand to compensate for country-specific risks, range from as low as 4–5% in stable economies to over 30% in the most volatile markets.
According to recent rankings and business environment assessments, countries that reduce regulatory friction, improve governance, and strengthen financial systems are emerging as the most attractive destinations for capital.
The week-long mission has brought together more than 50 investors from Africa, Europe, Asia, and the Middle East, positioning the DRC not just as a hub for raw mineral extraction, but as a growing industrial and value-addition destination.
Saudi Arabia has pledged to invest more than $25 billion in Africa over the next seven years, a figure later expanded to $41 billion over the coming decade. The package includes development financing, export support, and funding for startups, signalling a broad-based approach to economic engagement.
Under the new approach, KRA will increasingly use financial data already available within its systems to cross-check taxpayer declarations. This includes mobile money transactions, which have become a dominant channel for payments, business activity, and income flows across Kenya.
The national carrier attributed the downturn largely to global supply chain disruptions that led to the grounding of key aircraft, reduced capacity, and declining revenues, despite strong underlying demand for air travel.
The fund introduces a three-account model that separates resource revenues into distinct components: Stabilisation, Strategic Infrastructure Investment, and Future Generations, each with a specific economic role.
