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The Africa Daily Post > Diplomacy > Kenya-Japan Forum Opens to Boost Trade, Investment
DiplomacyEast Africa

Kenya-Japan Forum Opens to Boost Trade, Investment

Adekunle Owolabi
By Adekunle Owolabi Published January 24, 2025 2 Min Read
Delegates at the Kenya-Japan Business Forum 2025 discuss strengthening trade and investment ties between the two nations.
Delegates at the Kenya-Japan Business Forum 2025 discuss strengthening trade and investment ties between the two nations.
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The Kenya-Japan Business Forum 2025 opened in Nairobi on January 16, focusing on enhancing trade, investment, and technological partnerships between the two nations. The forum, co-hosted by Kenya and the Embassy of Japan, follows a similar event held in Tokyo in February 2024 and seeks to attract more Japanese investments into Kenya.

Japan’s State Minister for Foreign Affairs, Mr. Fujii Hisayuki, led a 50-member delegation and urged Japanese businesses to expand their presence in Kenya, which has been identified as a priority country for Japan’s global investment strategy.

Delegates at the Kenya-Japan Business Forum 2025 discuss strengthening trade and investment ties between the two nations.
Delegates at the Kenya-Japan Business Forum 2025 discuss strengthening trade and investment ties between the two nations.

Principal Secretary for Foreign Affairs, Dr. Korir Sing’Oei, described Kenya as a strategic gateway to East Africa, highlighting the region’s market of over 300 million people and its projected growth rate of 5.7% in 2024. He also cited Kenya’s Special Economic Zones, powered by green energy and affordable labor, as key drivers for attracting investments.

Dr. Sing’Oei noted that Kenya hosts 120 Japanese companies operating in sectors such as manufacturing, energy, and infrastructure, many of which adopt sustainable practices. He also confirmed that Kenya and Japan have signed a Bilateral Investment Treaty and are negotiating an agreement to avoid double taxation.

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The forum brought together over 100 Kenyan and 30 Japanese companies from sectors such as ICT, healthcare, manufacturing, energy, and agriculture. Key speakers included Hon. Salim Mvurya, acting Cabinet Secretary for the Ministry of Investments, Trade, and Industry, and PS Abubakar Hassan, alongside leaders of various business organizations.

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Adekunle Owolabi
By Adekunle Owolabi
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Adekunle, a seasoned journalist renowned for his astute coverage of global affairs, has honed his craft across diverse newsrooms in Lagos, Johannesburg, and Abu Dhabi. Adept at navigating the complexities of political and international diplomacy, he consistently delivers insightful analysis and accurate reporting, earning him recognition as a trusted voice in the field
Previous Article Amb. Josphat K. Maikara meets with H.E. Patricio Aguirre to discuss Kenya-Chile trade talks and diplomatic visits. Photo: MoFA Kenya Kenya, Chile Plan Trade Talks and Diplomatic Visit
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