NAIROBI, Kenya, July 8 – Thirty percent of Kenya’s mineral and petroleum revenues will be set aside for future generations under the newly enacted Sovereign Wealth Fund Act, 2026.
President William Ruto signed the legislation into law today, establishing a sovereign wealth fund comprising three separate funds: the Future Generations Fund, the Stabilisation Fund and the Strategic Infrastructure Investment Fund.
Under the law, 30 percent of all mineral and petroleum income will be ring-fenced for the Future Generations Fund to preserve wealth for future Kenyans.
The Act also places strict limits on how the fund can be invested, prohibiting investments in speculative derivatives, unlisted securities, real estate located in Kenya, private equity, art, commodities and securities issued by Kenyan entities.
The Stabilisation Fund will provide the government with resources to cushion the economy against unexpected shocks, while the Strategic Infrastructure Investment Fund will finance priority infrastructure projects aligned with the country’s national development plan.
