KCB Bank Kenya has signed a deal with the Kenya Investment Authority to support foreign investors looking to establish or expand their operations in Kenya.
The collaboration is designed to integrate financial solutions with government-led investment facilitation services, thereby strengthening Kenya’s appeal as a leading investment hub in Africa.
The deal will also streamline access to financial services, investment facilitation, and business advisory solutions tailored to meet the needs of international investors across key sectors including manufacturing, infrastructure, renewable energy, and ICT.
KCB Bank Kenya Managing Director, Annastacia Kimtai, said: “We recognize that foreign direct investment plays a vital role in driving Kenya’s economic growth, creating jobs, and enhancing innovation. This will enable us to provide tailor-made banking solutions such as transacting and payments, investment, project financing, trade facilitation, and linkages with local partners, ensuring that investors can hit the ground running.”
Kenya Investment Authority Chief Executive Officer, John Mwendwa said: “This is a major step towards enhancing Kenya’s investment facilitation framework. We want to leverage KCB reach, scale and expertise to bolster investments across sectors. This partnership underscores our commitment to deepen Kenya’s positioning as an investment destination.”