Kenyan Diaspora aiming for an investment blueprint at conference

By Correspondent.

The Kenya Diaspora Alliance that is championing the interests of Kenyans living abroad has announced that it is working towards formation of a strategic investment blueprint that will be significant to Kenyans and investors alike in choosing investment opportunities.

The organization’s chairperson Dr Shem Ochuodho revealed that through an upcoming international investment conference organized by the organization in December, stakeholders will come up with a collaborative blueprint seeking to advance the realization of cooperative –led development opportunities.

“The Convention aims to culminate in the Cooperative Engagement Action Plan (CEAP-2025) a practical, collaborative blueprint outlining investment strategies, partnership models, policy recommendations, and capacity-building interventions to advance cooperative-led development in Kenya,” announced Dr Ochuodho.

According to the lobby, key expected outcomes in the meeting include increased diaspora investments in Kenya’s cooperative sector and strengthened partnerships between diaspora, cooperatives, and government.

“We are now aiming at enhanced awareness and adoption of cooperative models in housing, agribusiness, fintech, and empowerment for women and youth,” said Ochuodho.

According to Dr Ochuodho who outlined activities expected at the 12th Annual Kenya Diaspora Homecoming, a premier platform for diaspora engagement, those expected to grace the discussions will be officials from the government, private sector, development partners, academia, and civil society.

This year’s theme, “Cooperative Models for Inclusive Growth and Sustainable Development”, according to the organizations, is aligning with the United Nations recognition of 2025 as the International Year of Cooperatives. The Convention will explore how cooperative models—especially diaspora-led or diaspora-supported can catalyze economic transformation and build inclusive systems in Kenya.

“Remittances from the diaspora reached approximately USD 4.94 billion in 2025 (about Ksh 640 billion), solidifying their indispensable role in national development. Through cooperatives in housing, agribusiness, finance, manufacturing, and technology, this Convention seeks to spotlight scalable frameworks for shared prosperity, democratic ownership, and community-driven progress.”

The lobby believes that Kenya’s cooperative sector boasts a legacy of collective empowerment, particularly in agribusiness, housing, and finance.

“As the country advances its Bottom-Up Economic Transformation Agenda (BETA), cooperative models are well positioned to foster inclusive, sustainable, and resilient economic growth. Diaspora communities bring not only financial capital but also global knowledge, experience, and networks,” said Dr Ochuodho.

In the organization’s view, by channeling remittances through cooperative frameworks such as SACCOs, investment clubs, and joint ventures. Kenya can mobilize impactful diaspora contributions that address structural development challenges while driving innovation, inclusion, and prosperity.

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