American companies have pledged a total of $600 million new investment in Kenya across various sectors including manufacturing, technology, data centers, healthcare and digital skills, APA can report on Monday.
This was announced during the just-concluded AmCham Business Summit 2026 in Nairobi, on Monday where US firms expressed commitment to penetrating the East African market via using Kenya as gateway.
AmCham Kenya board president Angela Ng’ang’a said the commitments had been announced in just one day and the investments are expected to take place over the next year.
“We did see just in one day over $600 million of pledges and commitments from US-American firms,” Ng’ang’a said.
Among the biggest announcements were a fresh $175 million investment by Coca-Cola in Kenya and iColo ((now Digital Realty) pledged an $80 million data centre project in Nairobi.
Oracle is also selecting Kenya for its first public cloud region in Africa in partnership with African Data Centers while healthcare was another area where the summit produced new commitments.
SC Johnson has also announced plans to launch a new factory in Kenya capable of producing up to two million malaria-related units daily. Pfizer, meanwhile, plans to introduce 15 new pharmaceutical products in Kenya, including cancer treatments.
The announcements come as Kenya seeks to shift its economic relationship with the United States from one centered on development assistance towards trade, investment and job creation.
Ng’ang’a said the two countries were looking at a more reciprocal relationship measured through trade volumes, investments and employment.
Trade and Investment Cabinet Secretary Lee Kinyanjui said Kenya-US trade in goods and services reached $3.4 billion (Sh439.3 billion) in 2025, with the balance of trade reaching equilibrium.
Ng’ang’a said the relationship had expanded beyond traditional trade to include technology, critical minerals, healthcare and development finance.
MG/as/APA