Establish new trade and investment channels

The Kenya Kwanza Government promised to engage Kenyans living in the diaspora in a bid to unlock the full potential of Kenyans living overseas. They also promised to will facilitate their investment locally and include them in the development and execution of policy as the Kenyans living in the diaspora generate most of the Country’s foreign revenue ($3.7 billion in 2021).

In January 2023, the President, vide Executive Order Number 1 of 2023, established the State Department for Diaspora Affairs with a mandate to, among other matters, mainstreaming the Kenyan Diaspora into the national development process.
In 2024, the Kenya Kwanza Government launched the Kenya Diaspora Policy, 2024 which aims to, among other matters, promote local investment by the Kenyan Diaspora by creating an enabling environment for diaspora engagements through implementing programmes and incentives that encourage investments, technology transfer, reduced cost of remittances, and mitigate investment risks.
In August 2025, the government announced plans to launch a Diaspora Bond, by which it seeks to raise up to USD. 500 Million.
The Kenya Diaspora Investment Strategy (KDIS) 2025–2030 was Launched in late 2025, this a addresses barriers like trust concerns and complex business processes. It identifies priority sectors such as technology, agribusiness, and renewable energy for diaspora investment.

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This Promise Tracker is an independent civic-accountability tool designed to monitor and document the progress of public commitments made by the Government of Kenya. Information presented on this platform is compiled from publicly available sources including government publications, parliamentary records, policy documents, and credible media reports. The classifications used in this tracker represent an evidence-based assessment by the platform’s researchers and should be understood as analytical judgments rather than official government determinations. While every effort is made to ensure accuracy and regular updates, the status of promises may evolve as new information becomes available. This website is not affiliated with or operated by the Government of Kenya.

Last updated: March 4, 2026 8:08 am