Kenya unveils aggressive 2025–2030 diaspora investment strategy

News · Bradley Bosire · December 9, 2025
Kenya unveils aggressive 2025–2030 diaspora investment strategy
Prime Cabinet Secretary Musalia Mudavadi during the launch of the Kenya Diaspora Investment Strategy 2025–2030 and an updated Digital Remittance Handbook/HANDOUT
In Summary

The two documents, developed in collaboration with government agencies and international partners, aim to strengthen the role of the diaspora in national development.

Prime Cabinet Secretary Musalia Mudavadi on Tuesday presided over the launch of the Kenya Diaspora Investment Strategy 2025–2030 and an updated Digital Remittance Handbook, marking what he described as a major shift in how the government engages Kenyans living and working abroad.

The two documents, developed in collaboration with government agencies and international partners, aim to strengthen the role of the diaspora in national development by providing clearer investment pathways, modern financial tools and enhanced safeguards for cross-border remittances.

Mudavadi said the new Diaspora Investment Strategy sets out a “clear, practical roadmap” to transform the billions of shillings sent home each year from short-term household support into long-term wealth creation.

The blueprint prioritises investment in housing, infrastructure, industrial ventures and innovation-driven projects — areas the government considers critical to accelerating economic growth.

“It signals a new era where our diaspora can confidently channel resources into projects that build lasting value for communities and for the nation,” he said, noting that diaspora remittances remain one of Kenya’s most stable sources of foreign exchange.

The updated Digital Remittance Handbook, produced in partnership with IOM Kenya and other stakeholders, seeks to address persistent concerns about security, transparency and the high cost of sending money home.

The handbook provides user-friendly guidance for Kenyans abroad on safe remittance channels, digital tools, remote financial management and how to identify credible investment opportunities.

According to Mudavadi, the resource also offers practical advice on cost-saving options and trusted digital platforms, with the goal of increasing efficiency while reducing vulnerability to fraud and unregulated intermediaries.

“Together, these two initiatives rebuild trust, widen investment pathways and empower our diaspora to take an even greater role in shaping Kenya’s socio-economic transformation,” he said.

The Prime Cabinet Secretary emphasised that the government views the diaspora not merely as contributors through remittances but as “central partners” in shaping the country’s long-term development trajectory.

He said the administration would continue implementing reforms aimed at strengthening diaspora engagement, expanding financial inclusion and ensuring that Kenyans abroad have reliable information on investment opportunities.

“As we mark this milestone, I reaffirm that our diaspora are not just contributors to the national story; they are central partners in building a Kenya of shared growth, opportunity and prosperity for all,” he said.

The government is expected to roll out an implementation framework for the new strategy in the coming months, with further consultations planned across major diaspora hubs.

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