Kenya’s energy demands continue to grow with the increase in economic
activity. This growth is realized in all the three forms of energy that
the country depends on namely petroleum, electricity and wood-fuel
thereby creating investment opportunities in these areas.
There are opportunities in the petroleum industry which is the major
source of commercial energy in the country at 87 per cent of the
requirements. A number of oil producers have been licenced to search for
oil in Kenya. As the search continues there are also emerging
opportunities in the untapped bio-fuels market. Demand for supply of
electricity has also been on a steady rise creating more opportunities
since more kilowatt hours (KWH) are required in the national grid
Information and communication technology
Kenya offers one of the most developed ICT services in the region. This
follows liberalization and improved telecommunication infrastructure.
Currently fibre optic cables are being laid which will facilitate ease
and affordability of communication.
There are both fixed and mobile telephone networks and wide computer
coverage. This creates massive investment opportunities in this field of
technology and other aspects of managing and processing information.
Opportunities in the large information technology umbrella cover fields
such as design, development, implementation, support or management of
computer-based or other forms of information systems.
Kenya is a beautiful country with a rich and unique culture, wildlife,
landscapes, beaches and geographical diversity. It has a vibrant tourist
industry which is by far the largest single export earner, raking in
over U.S. Dollars 500 million in annual revenue. This sector is a
growing industry that offers many excellent opportunities for
investment. There are opportunities in eco-tourist and community
wildlife and conservation ventures, hotels and restaurant business, tour
operators, travel agencies, local air-charter companies, balloon
operators, game ranches and other businesses. The industry is regulated
by the Hotels and Restaurants Act and the Tourist Industry Licensing
Act. We offer advice on investment opportunities and we assist in the
application, issuance and renewal of various licenses and permits. We
also offer general advice in tourism law and carrying out business in
and vision 2030
Kenya remains the biggest and most diversified economy in East Africa.
Despite the dangers of external shocks the prospects for continued
economic recovery look bright and the economy is once again on the road
to rapid growth. From opinion polls, Kenyans are largely agreed with the
general optimism and the foreign investors are not far behind. The
Kenyan economy has brighter prospects today than it has had for two or
more decades. A lot depends on the pace of the reforms which are now
being implemented. Among these, creating an investment-conducive
environment is of prime significance.
2004, the government appointed a team of eminent persons drawn from the
public and private sector, the academia and civil society to the
National Economic and Social Council of Kenya (NESC) to
offer valuable advice on critical issues on the
country’s overall development aimed at developing a long
term vision for the country. The team was tasked with
conceptualizing Kenyan’s long term vision, dubbed the