Kenya signs double taxation deal with Belgium to strengthen investment
By Kenneth Mwenda, September 30, 2025Kenya and Belgium have signed an Agreement for the Avoidance of Double Taxation (DTA), a move aimed at strengthening economic and investment ties between the two countries.
The National Treasury revealed the development on Tuesday, September 30, 2025. The signing took place at the National Treasury Building in Nairobi.
“Kenya and Belgium today signed an Agreement for the Avoidance of Double Taxation (DTA) at the National Treasury Building, marking an important step in the deepening of bilateral economic and investment relations between the two nations,” the statement on the National Treasury’s X account said.
The Cabinet Secretary for the National Treasury, John Mbadi, signed on behalf of Kenya. Belgium’s Ambassador to Kenya, Peter Maddens, signed on behalf of the Kingdom of Belgium. Both leaders described the agreement as an important milestone in the partnership between their nations.
In his remarks, Mbadi said the DTA provides a modern framework that ensures fairness in the taxation of cross-border income. He explained that the agreement will reduce the risk of the same income being taxed twice and will also help prevent tax evasion. According to him, this will create a more transparent tax environment and encourage stronger investment flows between Kenya and Belgium.
Deal to spur investment
The signing comes after the 2024 Kenya-Belgium Political Consultations in Brussels, where both countries agreed to expand cooperation in trade and investment. Mbadi said Kenya’s economy remains resilient, with a nominal GDP of 121.3 billion US dollars in 2024.
He pointed to sound macroeconomic policies, a diverse production base, and a strong services sector as key strengths. He also noted that Kenya’s location as a regional hub and its skilled workforce make it an attractive entry point for investors looking to do business in Sub-Saharan Africa.
Ambassador Maddens welcomed the agreement and called it a strategic achievement. He said it fills a major gap in the diplomatic and economic framework between Kenya and Belgium. He added that Belgium views Kenya as a top investment destination in Africa, with strong opportunities in horticulture, manufacturing, renewable energy, and information technology.
The DTA is expected to boost confidence among investors from both countries. By removing uncertainty over taxation, it will make it easier for companies to expand across borders and for individuals to invest abroad. Both governments believe this will open up new trade opportunities and support long-term economic growth.