Exploring Investment Opportunities in Kenya
It was a pleasure to welcome H.E. Willy Kipkorir Bett, Ambassador of the Republic of Kenya to China, along with his delegation, to the Chamber on June 2. They were greeted by HKGCC CEO Patrick Yeung, Asia, Africa & Middle East Committee Chairman Dewan Saiful Alam, and SME Committee Vice Chairman Simon Hui. The parties exchanged views on Kenya’s investment opportunities and Hong Kong’s dynamic business landscape.
Strategically located along the coast, Kenya’s Mombasa Port serves as a key logistics hub for landlocked nations such as Uganda, the Democratic Republic of the Congo, Ethiopia, and other Central African countries. Blessed with diverse terrain, Kenya is also ideal for renewable energy development—93% of its power supply comes from clean sources, primarily hydro and geothermal, while solar and wind energy are rapidly expanding.
Dubbed the "Silicon Savannah," Kenya is home to leading pan-African B2B e-commerce platforms such as AMBESA and is actively advancing digital transformation across its public and private sectors. Ambassador Bett highlighted that, with robust infrastructure development under the Belt and Road Initiative, now is an opportune time for foreign investors to explore Kenya’s vast potential. Additionally, Kenya’s preferential trade policies and memberships in the East African Community Customs Union, the Common Market for Eastern and Southern Africa (COMESA), the Tripartite Free Trade Area, and the African Continental Free Trade Area (AfCFTA) ensure seamless market access for investors targeting Eastern and Central Africa.
2025/06/02