Kenya Seeks Partnerships for Economic Growth

Kenya has launched the Electronic Government Procurement (eGP) System, intended to modernize public procurement processes. The system aims to increase transparency and ensure efficient use of public funds.

Principal Secretary for Public Investments and Assets Management, Cyrell Odede Wagunda, announced the rollout at the Kenya National Chamber of Commerce and Industry (KNCCI) Annual General Meeting. He encouraged businesses across the country to adopt the new digital system.

Role of the Kenya National Chamber of Commerce and Industry

Wagunda described the KNCCI as a vital component of Kenya’s business community, emphasizing its role in facilitating communication between the government and the private sector. He stated that the Chamber champions economic reforms and fosters structured dialogue.

Government Initiatives for Economic Growth

The Principal Secretary indicated that Kenya is pursuing accelerated economic growth through collaboration between government and private entities. He highlighted the importance of the KNCCI in supporting micro, small, and medium enterprises (MSMEs), promoting trade, and expanding access to regional and international markets.

Commitment to Economic Stability

The National Treasury is committed to maintaining macroeconomic stability and creating a favorable business climate. Wagunda detailed government efforts including fiscal consolidation, responsible debt management, and policy coordination to rebuild investor confidence.