State Department for Public Investments and Assets Management

05/10/2026

PS WAGUNDA HOSTS POSTMASTER GENERAL

The Principal Secretary for Public Investments and Assets Management Mr. Cyrell Wagunda hosted the Postmaster General/Chief Executive Officer (CEO) of Postal Corporation of Kenya (PCK) Mr. John Tonui who paid him a courtesy visit at his Treasury Buildings office, Nairobi.

The visit was aimed at apprising the PS on the mandate of the Corporation which is now a Government-Owned Enterprise (GOE) following the enactment of the GOE Act of 2025.

The Postmaster General briefed PS Wagunda on the various activities, programs and initiatives PCK is undertaking to maintain its operational efficiency in a highly competitive field of courier and logistics.

On his part, the PS committed to support the Corporation as it pursues it's mission of providing end-to-end, innovative and reliable mail, courier, logistics, e-commerce and payment services that meet the customers needs.

The Director for Government Investments and Public Enterprise (GIPE) FA Stephen Ikikii was present during the meeting.

04/10/2026

PS WAGUNDA MEETS EDUCATIONISTS

The Principal Secretary for Public Investments and Assets Management Mr. Cyrell Wagunda today represented the Chief of Staff and Head of the Public Service Mr. Felix Koskei during an Education Summit with educationists at Maseno University, Kisumu County.

The Summit was themed 'Universities as Engines of Investment and Economic Transformation- Leveraging Research, Innovation, Assets and Public Private Partnerships (PPPs) for Sustainable Development."

In his address, the PS underscored the critical role the universities play in Kenya's development agenda saying they are strategic institutions for research , investment, innovation, knowledge creation and economic transformation.

PS Wagunda noted his State Department is committed to ensuring that public investments and assets are responsibly managed, optimally utilized and aligned to national development objectives.

He added that, universities are significant public investments that hold substantial physical, intellectual and human assets and emphasized the need to ensure that these assets generate greater public value while safeguarding the core mandate of our institutions.

"Universities hold significant land, buildings, laboratories, ICT infrastructure, research facilities, accommodation, equipment and other public assets. These assets should be properly inventoried, valued, maintained and strategically utilized. Asset optimization should not be interpreted simply as commercialization or disposal; rather, it should mean ensuring that public assets are productive, sustainable and aligned to institutional priorities," said the PS.

The PS further pointed out that proper asset management, strong governance and long-term planning are essential if universities are to convert their physical and institutional assets into sustainable educational, social and economic value.

The Principal Secretary also highlighted the priority to strengthen the pathway from research and innovation to practical solutions, enterprise and economic value.

"Our universities generate considerable knowledge, research and innovation, yet the transition from the laboratory and research paper to commercialization and widespread application remains an important opportunity," he stated.

He said Universities should strengthen intellectual property management, technology transfer, innovation incubation and partnerships with industry.

He observed that research should increasingly respond to real challenges facing Kenya in areas such as agriculture, healthcare, manufacturing, digital technology, climate resilience, energy, infrastructure and housing.

02/10/2026

Africa PPP Summit 2026

The Principal Secretary for Public Investments and Assets Management, Mr. Cyrell Wagunda, will be participating in the 16th Africa PPP Infrastructure Finance, Investment & Partnerships Summit, scheduled for 11–13 November 2026 at the JW Marriott Hotel Nairobi, Kenya.

This year's Summit aligns with the mandate of SDPIAM to strengthen the management of public investments and government assets, enhance the performance of State Corporations and mobilise private capital through Public-Private Partnerships (PPPs) to support infrastructure development and sustainable economic transformation.

The Summit will bring together governments, project owners, investors and financiers to exchange experiences, foster strategic partnerships and explore innovative approaches to infrastructure financing and delivery across Africa.

PS Wagunda invites colleagues, partners and stakeholders to register and participate in the Summit, providing an opportunity to share experiences, build partnerships and explore investment opportunities that can contribute to Africa’s infrastructure future.

Be part of the conversation shaping Africa’s infrastructure future. Register today and join government leaders, investors, financiers and project partners in Nairobi to unlock new opportunities for infrastructure investment and partnerships:
https://africappp.com/registration/



AME Trade | Laura Sitzia | Olga Chuzhaykina | Lionel Maiden

01/10/2026

PS WAGUNDA HOSTS NLC COMMISSIONERS TO HARNESS SYNERGY IN PROTECTING PUBLIC SCHOOLS' LANDS

The Principal Secretary for Public Investments and Assets Management Mr. Cyrell Wagunda today hosted Commissioners from the National Land Commission (NLC) led by FCPA Susan Oyatsi to explore ways of protecting public schools' lands against encroachment.

The PS emphasized the need for institutional collaboration between the Commission, Ministry of Education, State Department responsible for Lands, National Treasury, County Governments, Boards of Management and other relevant institutions saying each entity plays important and complementary responsibilities.

He added that, public schools represent significant Government investment in land, buildings and related infrastructure and are essential to the delivery of education services across the country thus protecting the land occupied by such schools is not only a land administration matter, but also an important public asset protection and investment safeguarding responsibility.

"Our interventions must therefore be properly coordinated and undertaken within the respective constitutional and statutory mandates of these institutions. Our engagement today focuses on agreeing on a coordinated, time-bound and accountable implementation framework which should include establishing a multi-agency technical team; developing a verified national inventory; reconciling existing Government records and title deeds; and prioritizing school land facing the greatest risk of encroachment, disputes or competing claims," said the PS.

He added that the National Treasury has already established a framework to support this process through Treasury Circular No. 5 of 2024 on Acquisition of Title Deeds for Public Institution Lands.

The Circular provides for identification, surveying, documentation, registration and custody of titles by the respective National or County Treasury saying the process demands strict implementation, compliance and monitoring.

He affirmed that his State Department remains committed to working closely with the Commission and other stakeholders to advance this important national undertaking.

On her part FCPA Oyatsi disclosed that NLC has rolled out an elaborate process of safeguarding these lands through the 'Piga Nduru'- Raise Alarm initiative to ensure the lands don't fall into private hands.

01/10/2026

Proposed Kenya Spaceport Project: Advancing Strategic Public Investment and Infrastructure Development.

The State Department for Public Investments and Assets Management (SDPIAM), through the Public Private Partnerships Kenya (PPP Directorate), is supporting the development of the proposed Kenya Spaceport Project as a strategic infrastructure investment aimed at unlocking new economic opportunities, mobilising private-sector capital and strengthening Kenya’s long-term asset base.

The PPP Directorate General, Eng. Kefa Seda, hosted the Director General of the Kenya Space Agency (KSA), Major General Hillary Kipkosgey, for the signing of a funding agreement to facilitate the feasibility study for the proposed spaceport.

The signing follows the appointment of a Transaction Advisor to undertake comprehensive technical, commercial and financial assessments and provide specialised advisory support towards establishing a viable and bankable project structure.

The proposed spaceport presents an opportunity to leverage Kenya’s strategic geographic position along the equator and its east-facing coastline, which offers potential advantages for space-launch operations. The project can also build on existing and planned investments in enabling infrastructure within the coastal region, including transport, energy, water and port facilities, thereby promoting integrated and efficient utilisation of public infrastructure and assets.

From a public investment and assets management perspective, the feasibility study will be critical in determining the most appropriate investment and delivery structure, assessing project risks and returns, and establishing mechanisms that safeguard public interest while attracting private capital.

The Transaction Advisor will also support the development of a competitive process for selecting a private-sector partner, with emphasis on value for money, affordability, risk allocation and sustainable management of the resulting strategic asset.

Beyond its infrastructure dimension, the spaceport is expected to contribute to Kenya’s industrialisation and economic transformation by stimulating investment in the space economy, creating employment and business opportunities, promoting technology and skills development, and strengthening local capabilities in high-value sectors.

A commercially viable spaceport could also generate additional Government revenues through appropriate revenue-sharing arrangements.
The project therefore demonstrates the Government’s approach to transforming public investments and strategic assets into productive economic enablers while leveraging private-sector expertise and financing.

Through PPPs, SDPIAM continues to support the development of infrastructure that delivers value for money, strengthens public asset utilisation and contributes to efficient, sustainable and citizen-centred service delivery.

The Kenya Spaceport Project is consequently positioned not only as an investment in space infrastructure, but as a strategic public asset with the potential to support economic diversification, enhance national competitiveness and contribute to Kenya’s long-term development objectives.

30/09/2026

Mobilising Private Capital for Strategic Infrastructure and Economic Transformation.

The Principal Secretary for Public Investments and Assets Management, Mr. Cyrell Wagunda, earlier today attended the groundbreaking ceremony of the Dangote East Africa Petroleum Refinery & Petrochemicals SEZ in Lamu, marking a significant milestone in Kenya’s efforts to attract and mobilise private capital for transformative investments and strengthen the country’s strategic infrastructure.

The ceremony was graced by H.E. President William Samoei Ruto , who was joined by President Yoweri Kaguta Museveni of Uganda, President
Romuald Wadagni of Benin, President Jean-Lucien Savi de Tové of Togo and Prime Minister Abiy Ahmed Ali of Ethiopia. Former Nigerian President Olusegun Obasanjo and representatives from other African governments were also in attendance.

The refinery is expected to generate significant economic opportunities through enhanced energy security, value addition, job creation, technology and skills transfer, expansion of local supply chains and increased trade and investment across the region. Its development also has the potential to strengthen Lamu’s position as a strategic gateway for regional commerce and industrialisation.

For the State Department for Public Investments and Assets Management, this project underscores the importance of effective public investment management and strategic collaboration with the private sector in unlocking capital for large-scale infrastructure and productive investments.

It demonstrates how strategic assets and infrastructure can be leveraged to support economic growth, improve service delivery, enhance competitiveness and create sustainable value for the country.

Through its mandate, SDPIAM continues to support frameworks that promote prudent management of public investments and assets, strengthen the performance of State Corporations and Government-Owned Enterprises, and facilitate the mobilisation of private capital through Public-Private Partnerships and other investment models.

The Dangote East Africa Petroleum Refinery & Petrochemicals SEZ therefore represents an important step towards positioning Kenya as a regional hub for energy, logistics, trade and industrial development, while advancing the Government’s broader economic transformation agenda and strengthening Africa’s capacity to finance and deliver strategic investments.

30/09/2026

SUPPLIER VIRTUAL TRAINING: PROFILE CLARIFICATION AND CONTRACT MANAGEMENT MODULE.

The State Department for Public Investments and Assets Management (SDPIAM) invites all current and prospective suppliers to a virtual supplier training session on Supplier Profile Clarification and Contract Management Module on October,1, 2026 at 11.00am.

Meeting Link:

Microsoft Virtual Events Powered by Teams

30/09/2026

30/09/2026

Happening now!

Lamu County hosts the groundbreaking ceremony of the Dangote East African Oil Refinery.

The Principal Secretary for Public Investments and Assets Management Mr. Cyrell Wagunda has joined other senior State officials for the groundbreaking ceremony of the Sh2 trillion Dangote East Africa Petroleum Refinery & Petrochemicals SEZ, in Mokowe, Lamu County.

The event is being presided over by the President, H.E. Dr. William Samoei Ruto alongside the Founder, President / Chief Executive of Dangote Industries Limited (Dangote Group) Mr. Aliko Dangote, marking a key milestone in the development of Kenya's petroleum and energy infrastructure by refining approximately 700,000 barrels of crude oil per day.