This is a function of the Kenya Investment Authority (KIA).
The Kenya Investment Authority was established by the Government of Kenya through the Investment Act 2004 with the mandate of promoting and facilitating private investments in Kenya for both local and foreign investors.
Guarantees to Investors
Kenya provides the following guarantees to local and foreign investors:
1. Guarantee Against Expropriation
The Constitution of Kenya provides guarantees against expropriation of private property, which may occur for reasons of security or public interest. In such a case, a fair and prompt compensation is guaranteed.
2. Repatriation of Capital and Profits
Capital repatriation, remittance of dividends and interest are guaranteed to foreign investors under the Foreign Investment Protection Act (FIPA) (Cap 518). Investors can repatriate:
- After tax profits, including retained profits which have not been capitalised;
- The proceeds of the investment after payment of the relevant taxes;
- Principal and interest associated with any loan.
3. Other Guarantees
Kenya is a member of the World Bank-affiliated Multilateral Investment Guarantee Agency (MIGA), which issues guarantees against non-commercial risk to enterprises that invest in member countries.
Kenya is also a member of the International Centre for Settlement of Investment Disputes (ICSID), and of the Africa Trade Insurance Agency (ATIA).
The Government policy is aimed at extending facilitation measures in favour of private sector investment.
For any inquiries
please contact us
Via Telephone +33 156 62 25 25