India Kenya Business Council and KenInvest Deepen Dialogue to Strengthen Bilateral Investment Relations

30.05.25 11:11 PM - By Communication Team

India Kenya Business Council and KenInvest Deepen Dialogue to Strengthen Bilateral Investment Relations

On Monday, May 5, 2025, a high-level meeting was held between the India Kenya Business Council (IKBC) and the Kenya Investment Authority (KenInvest) aimed at accelerating investment cooperation and enhancing Kenya’s attractiveness to Indian investors.

The session was led by Mr. Abhishek Rana, Chairman of IKBC, Dr. Bimal Kantaria, Advisory Member, and Mr. Rishabh Kumar Rewar, Second Secretary (Commerce & Press) and Special Assistant to the High Commissioner at the High Commission of India in Kenya. They held a strategic discussion with Mr. John Mwendwa, OGW, CEO of KenInvest.




This engagement reaffirmed Kenya’s competitive value proposition on the global investment map. As a regional economic hub, Kenya offers a robust legal and policy framework for investors, ongoing pro-business reforms, and preferential access to key international markets through bilateral and multilateral trade agreements.

Mr. Mwendwa highlighted Kenya’s steady rise in global investment rankings and welcomed the strategic role that IKBC is playing in improving the business climate. “Our partnership with the India Kenya Business Council is vital in realizing Kenya’s investment agenda. India remains a key strategic partner, and we are eager to co-create new trade and investment pathways,” he said.



The two parties explored opportunities across key growth sectors—including agro-processing, ICT, pharmaceuticals, renewable energy, manufacturing, and infrastructure development—with an emphasis on value chain integration and job creation.

IKBC emphasized its mandate to act as a bridge between the Indian business community and Kenyan opportunities. The Council committed to mobilizing Indian investors through curated roadshows, business delegations, sector-specific forums, and post-investment support.

“As the business climate improves and Kenya gains global endorsement as a preferred investment destination, we believe the time is now to scale Indo-Kenyan trade collaboration,” noted Mr. Rana.

Both KenInvest and IKBC agreed to formalize their partnership through an upcoming cooperation agreement, focusing on joint investor facilitation, policy feedback loops, aftercare support, and bilateral business intelligence sharing.

The meeting concluded with a shared commitment to deepen ties between the two nations and create a pipeline of transformative, high-impact investments that unlock prosperity across borders.



 

About IKBC:

The India-Kenya business council is a bridge to exchange information on business, import- export, joint ventures, technology transfers, contract manufacturing tie up and other business opportunities in various sectors as well as investment promotion in both the countries.

The Council is putting efforts to take full advantage of Economic Cooperation Agreement between the countries and organize various activities to facilitate business atmosphere and create awareness for better business growth and investment promotion.

 

 

 

India Kenya Business Council

https://www.ikbc.co.ke/