New bid to double Kenya-UK trade to Sh680b

President William Ruto and UK Prime Minister Keir Starmer after signing the Kenya-UK Strategic Partnership pact at the 10 Downing Street in London. [PCS]

Kenya this week initiated discussions with the United Kingdom regarding a digital trade agreement as the country aims to double its business with the UK to Sh680 billion by 2030.

In addition to the impending digital trade agreement, the government plans to liberalise foreign ownership of insurance companies for the benefit of the UK by amending the Business Laws Act (2024) through the Business (Amendment) Laws Bill, 2026.