India Kenya Business Council and KenInvest Seal Strategic Collaboration to Boost Bilateral Investment and Trade
PRESS RELEASE
26th May 2025
In a landmark moment for Indo-Kenyan economic relations, the India Kenya Business Council (IKBC) and Kenya Investment Authority (KenInvest) signed a Collaboration Agreement to deepen trade, investment, and strategic partnerships between Kenya and India.
The agreement was officially signed by Mr. Abhishek Rana, Chairman of IKBC, and Mr. John Mwendwa, OGW, CEO of KenInvest, during a high-level business breakfast held at the Serena Hotel in Nairobi.
This collaboration is anchored on five key pillars:
1. Investment Facilitation
2. Business Climate Intelligence
3. Policy Advocacy
4. Business Linkages
5. Government–Private Sector Engagement
With over 200 Indian companies active in Kenya and more than 1,000 Indian business delegates visiting in the past year, the agreement underscores the momentum toward deeper engagement across pharmaceuticals, ICT, agribusiness, manufacturing, clean energy, and more.
“India has become the fourth-largest global economy, and with Kenya’s strong foundation and strategic location, our collaboration will unlock immense potential,” Mr. Abhishek Rana, Chairman, IKBC
“This partnership marks a crucial step in improving Kenya’s investment climate for Indian businesses. IKBC is committed to helping catalyze job creation, manufacturing scale-up, and inclusive enterprise,” Dr. Bimal Kantaria, E.B.S., Advisory Board Member, IKBC.
“We are proud to host and support Indian businesses; this MoU will make Kenya more accessible to future investors,” Mr. John Mwendwa, OGW, CEO, KenInvest
“Indian entrepreneurs planted the seed of business in Kenya. This MoU will grow that tree into a flourishing legacy,” Dr. Juma Mukhwana, CBS, PS, State Department for Industry.
“India remains deeply committed to Kenya’s prosperity. I am touched by the warm tribute extended today,” H.E. Ms. Namgya C. Khampa, High Commissioner & Patron, IKBC
The event included a felicitation and farewell to H.E. Ms. Namgya C. Khampa for her exemplary service to Kenya as the High Commissioner. She was gifted a special lion gift with a quote, “great leaders inspire action and leave a legacy of unity and progress." The entire team of India Kenya Business Council, wishes their Patron all the best in her future endeavors.
The Vote of Thanks was delivered by Mr. Parveen Bajaj, Treasurer of IKBC, who expressed gratitude to all dignitaries, sponsors, and attendees for their commitment to economic diplomacy and sustainable development.
Sincere thanks to our valued sponsors for supporting this milestone event:
Bank of Baroda (K) Ltd
ZOHO Corporation
Elgon Kenya Ltd
Prime Bank Ltd
Blueberry Travels
Airtel Kenya
Tata Magadi Chemicals Ltd
RSM Eastern Africa LLP
Special mention to Ms. Harleen Kaur Jabbal, CEO of IKBC and the emcee of the event, for skillfully anchoring the program with professionalism and grace.
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