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Kazakhstan is wooing Kenyan investors to explore business opportunities in the resource-rich Central Asian country as it steps up efforts to strengthen bilateral ties and expand market access and investment partnerships.
Ambassador of the Republic of Kazakhstan to Kenya Barlybay Sadkov, challenged local investors to explore international markets by taking advantage of enormous opportunities in the country’s mining, manufacturing, financial services and technology sectors.
“We are inviting Kenyan business people to come to Kazakhstan to invest. There are good business opportunities there,” Sadykov said.
Speaking during a breakfast meeting at the Embassy Residence in Runda ahead of today’s Kazakhstan’s 35th Republic Day anniversary, observed on 25th October 2026, the Envoy underscored the importance of strengthening economic ties between Kenya and Kazakhstan.
He revealed that mining explorations was one of the key engagements between the two nations during President William Ruto’s state visit to Kazakhstan in May this year.
Ambassador Sadykov added that the partnership could extend beyond mineral exploration and incorporate infrastructure development, including railway projects, energy, agriculture, financial services and digital technology.
He revealed that his country produces approximately 100 million tonnes of crude oil and more than 60 billion cubic metres of natural gas in the preceding year, illustrating the scale of production and industrial sectors.
The envoy said the opportunities could enable Kenyan businesses to pursue joint ventures, technical partnerships and investment arrangements, thereby deepening diplomatic and economic ties between the two countries.
“Kenya can translate the proposed cooperation into commercially viable projects that support domestic production, skills development, technology transfer and increased value addition,” he said.
Ambassador Sadykov identified mining as a key area of potential cooperation during the presidents’ engagement, noting that Kazakhstan seeks to leverage its extensive experience in mineral exploration, extraction and processing to support the development of Kenya’s mining sector.
“The two countries signed a memorandum of understanding between Kenya’s National Mining Corporation (NAMICO) and Kazakhstan’s Tau-Ken Samruk, a major mining company associated with Kazakhstan’s national wealth fund,” he revealed.
He revealed that the delegation from Tau-Ken Samruk visited Kenya from July 14 to 16, where they held discussions with Ministry of Mining and the Blue Economy officials and representatives of the National Mining Corporation (NAMICO) and received information and mineral samples from Kenya for further assessment, and the team is now evaluating the commercial prospects of potential projects.
“We are now in the process of evaluating information provided by the Kenyan side and assessing the samples that were provided to Kazakhstan,” the envoy said.
“Every country is interested in minerals being processed and in creating added value. It is logical and natural,” the Envoy stressed.
He underscored the importance of value addition, noting that Kenya should explore partnerships that go beyond the extraction and export of raw minerals to include local processing, technology transfer and the development of domestic industrial capacity.
The ambassador highlighted Kazakhstan’s strong, established mining industry, noting that the partnership could provide Kenya with valuable expertise and technology support to spur mineral resource development.
He highlighted Kazakhstan’s substantial reserves of chromium, uranium, iron ore and copper, alongside its experience in oil and gas production and other extractive industries.
According to the ambassador, Kazakhstan is ranked first globally in chromium reserves and second in uranium reserves.
Being the world’s leading uranium producer, the country has a long mining tradition, with some operations dating back approximately two centuries.
“Since Kazakhstan has a lot of minerals, we have a very old tradition in this field, as well as experience and technology,” said Ambassador.
He said Kazakhstan, being the major uranium producer, has experience across the uranium industry and could potentially support Kenya in various areas of exploration in the nuclear energy value chain.
“Since Kenya is planning to build its own nuclear power station, we can cooperate in this field as well,” the Envoy said.
He encouraged Kenyan investors to take advantage of Kazakhstan’s favourable investment framework, which offers incentives aimed at attracting foreign businesses and facilitating access to regional markets.
These include customs-duty exemptions, corporate income tax incentives, value-added tax exemptions and state support for qualifying projects in special economic zones.
He cited the state-provided in-kind grants of up to 30 per cent under applicable investment arrangements.
The envoy added that Kazakhstan pursued a multi-vector foreign policy, maintaining relations with a broad range of countries while prioritising regional cooperation, international trade and economic partnerships.
He added that Kazakhstan is promoting the Astana International Financial Centre (AIFC), which equally operates like Kenya’s Nairobi International Financial Centre, to strengthen financial and commercial ties.
Ambassador Sadykov highlighted business-friendly investor visa arrangements designed to facilitate and attract foreign investors to establish and undertake businesses in Kazakhstan.
He assured Kenyan investors of the availability of appropriate legal protections, clear investment terms and reliable dispute-resolution mechanisms when evaluating potential projects.
The envoy said Kazakhstan’s digital development sector could create opportunities for collaboration with Kenyan technology companies, particularly in software development, digital infrastructure, artificial intelligence applications and technology-enabled services.
The ambassador said the country had established a Ministry of Artificial Intelligence and Digital Development, enacted a law on artificial intelligence and set up a National Artificial Intelligence Centre; therefore, collaboration with Kenya in technology investment will boost the sector’s digital development.
“We now have supercomputers, two new data centres, and our Astana International ICT Hub, which exported services worth more than US$1 billion last year,” he said.
The envoy said Kazakhstan had experience in producing locomotives, power transformers and other industrial equipment, which could boost railway expansion projects.
“Kenya is expanding its railway, so we can look into the potential for cooperation in equipment supply, industrial partnerships, and technical expertise to boost Kenya’s infrastructure capacity,” Envoy said, adding that this would offer good markets and commercial networks.
“Kenyan businesses will have more opportunities through investment in other countries, bringing back massive profits,” the ambassador said.
The event was attended by Secretary Information and Broadcasting Mr Temesi Mukani, among other stakeholders.
By Ian Chepkuto and Kizito Maruti
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