Kenya is set to authorize more international companies interested in investing in the country, citing a positive economic trajectory and the potential to create thousands of jobs, particularly for the youth. This comes as Kenya's tech sector has surpassed banking, manufacturing, and retail as the leading destination for foreign direct investment (FDI).

• Trade Cabinet Secretary Lee Kinyanjui announced the forthcoming authorization of additional global firms.
• The majority of investment interest is from the energy sector, data centers, and business process outsourcing.
• Foreign capital inflows into the tech sector rose by 71% to Ksh64.7 billion ($500.9 million) in 2024, making it the single largest recipient of FDI.
• Discussions are underway with multinational firms keen to establish data centers, banking on Kenya’s improving infrastructure.
• Regarding the expired African Growth and Opportunity Act (AGOA), Kenya hopes for a successor program while engaging in other bilateral and multilateral agreements to address the imbalance.