President William Ruto has Signed into law the Sovereign Wealth Fund Bill, 2026, establishing a national investment vehicle aimed at preserving wealth generated from Kenya’s natural resources and strategic investments for future generations. 

The new law is a historic milestone that will ensure the country’s prosperity endures beyond the current generation.

The Sovereign Wealth Fund serves as a guarantee that revenues from petroleum and other valuable mineral resources are not entirely consumed by the present generation but are invested to benefit our children and the children of our children.
The legislation establishes three key windows under the fund:The Stabilisation Fund will cushion the economy against external shocks,the Strategic Investment Window will finance national development projects and create jobs,while the Future Generations pillar -Urithi Fund – will invest a portion of petroleum and mineral revenues for future citizens.
Under the law, 30 per cent of revenues from petroleum and mineral resources will be channelled into the Urithi Fund, with the remainder supporting economic stability and strategic investments.

The Sovereign Wealth Fund becomes the second major financial institution created under the Government’s economic transformation agenda after the establishment of the National Infrastructure Fund in March 2026.

The fund is designed to mobilise private capital for development projects.

