
Kenya Secures $140 Million at London Investment Forum
By Mintesinot Nigussie
Published on 07/02/25
Kenya has secured over $140 million in fresh capital pledges at the Kenya–UK Investment Forum held in London on July 1, 2025. The high-level gathering, organized on the sidelines of Invest Africa’s flagship Africa Debate, focused on unlocking investment opportunities in East Africa’s leading economy and strengthening Nairobi’s profile as a rising financial centre.
Speaking at the forum, President William Ruto declared that Kenya is “open, ready, and means business,” signaling his administration’s commitment to attracting global capital and private sector engagement. The forum saw global health insurer Bupa, specialty (re)insurer Africa Specialty Risks (ASR), and multilateral lender Africa Finance Corporation (AFC) sign memoranda of understanding to establish operations under the Nairobi International Financial Centre (NIFC), as reported by the Fintech Association of Kenya.
According to the Association, Bupa plans to invest approximately $30 million in setting up a regional private medical insurance hub targeting a 1–2 percent share of Kenya’s insurance market. ASR is expected to inject a similar sum to launch a Lloyd’s-style underwriting platform that will support the de-risking of up to $2 billion annually in foreign direct investment across energy, mining, and infrastructure. AFC and the NIFC Authority are also working to establish an Infrastructure Credit Enhancement Facility, starting with about $80 million, which will use local-currency guarantees to attract domestic pension funds into long-term public–private infrastructure projects.
Officials believe implementation will proceed swiftly, as the NIFC framework offers a preferential regime that includes a 15 percent corporate tax rate for up to ten years, stamp duty waivers on internal restructurings, and zero withholding tax on qualifying cross-border interest payments, fiscal incentives already embedded in Kenya’s Finance Bill 2025.