ASTANA, Kazakhstan, May 21. Kazakhstan and
Kenya aim to significantly boost trade, economic, and investment
partnership, with a particular focus on fintech, digital
infrastructure, artificial intelligence, and transport-logistics
networks, Trend
reports via KAZAKH INVEST.
The strategic shift was outlined during the landmark
Kazakhstan-Kenya Business Forum held in Astana, organized within
the framework of the state visit of Kenyan President William Ruto
to Kazakhstan.
The event brought together senior government officials,
financial experts, and business leaders from both nations
representing agribusiness, logistics, and digital technologies.
Opening the forum, Gabidulla Ospankulov, Chairman of the
Investment Committee of the Ministry of Foreign Affairs of
Kazakhstan, highlighted that bilateral trade between the two
countries grew by 20% by 2025. He emphasized promising
opportunities for joint ventures in energy, industry,
digitalization, and agriculture, noting that Kazakhstan is steadily
scaling up its agricultural output and export potential in grain,
oilseeds, and processed goods.
During the panel sessions, key speakers—including Renat
Bekturov, Governor of the Astana International Financial Centre
(AIFC), and John Mwenda, Director General of the Kenya Investment
Authority (KenInvest), discussed leveraging fintech platforms to
accelerate trade and strengthening ties between the financial
ecosystems of Astana and Nairobi.
The forum concluded with the signing of several milestone
bilateral agreements aimed at institutionalizing economic ties.
These included Memoranda of Understanding (MoUs) between JSC "NC
"KAZAKH INVEST" and KenInvest, and between JSC "QazTrade" and the
Kenya Export Promotion and Branding Agency (KEPROBA). Additional
cooperation pacts were inked between the respective Chambers of
Commerce and national diplomatic and public administration
academies.
