CS Kabogo urges Private Capital to invest in Kenya’s Digital Future
By Hanifa Tamim (PCO)
Kenya is positioning its digital economy as a key driver of the country’s next phase of economic growth.
Consequently, the Government is calling for increased private capital investment in digital infrastructure, technology companies and innovation.
Speaking at the 10th Annual East Africa Private Capital Association (EAPCA) Conference, Cabinet Secretary (CS) for Information, Communications and the Digital Economy, William Kabogo, said Kenya offers significant opportunities for investors seeking exposure to the continent’s rapidly expanding digital market.
Kabogo noted the country’s economic growth of 4.6 per cent in 2025 and 5.3 per cent in the first quarter of 2026.
He said the ICT sector has grown at an average rate of about 10.8 per cent annually over the past decade.
The Cabinet Secretary said the Government’s digital transformation agenda is creating new investment opportunities across fibre and wireless connectivity, data centres, cloud computing,artificial intelligence, digital services and business process outsourcing (BPO).
He noted that BPO, which was virtually non-existent 15 years ago, generated about US$272 million in the previous year and created more than 40,000 jobs.
“The Government is expanding digital infrastructure through the Digital Superhighway Programme, alongside efforts to increase connectivity, Wi-Fi access and the availability of government services online," he said
However, Kabogo acknowledged that gaps remain in connectivity, computing capacity, energy, digital skills and growth capital, particularly for companies that have developed products and are ready to scale.
The CS further called for stronger collaboration between the Government, private investors and institutional capital to ensure that Kenyan businesses can access financing and successfully expand into regional and global markets.
He highlighted Kenya’s evolving investment environment, including reforms affecting technology companies, tax incentives for export services and measures aimed at improving the predictability of regulatory approvals.
Kabogo also pointed to the growing potential of African capital to finance African businesses, urging investors to support companies capable of serving the continent’s 1.4 billion people and participating in the emerging African digital single market.
He reaffirmed the Government’s commitment to working with investors, regulators and industry players to create a predictable policy environment and position Kenya as a leading hub for digital investment and innovation in Africa.