spot_img

KDC Pledges Sh14 Billion Boost for Inclusive Growth and Green Investment in Laikipia

Date:

NAIROBI, Kenya— The Kenya Development Corporation (KDC) has unveiled over Sh14 billion in investment facilities aimed at accelerating inclusive and sustainable growth, particularly targeting green enterprises, MSMEs, and the livestock sector. 

The announcement was made during the Laikipia Economic and Investment Conference held at the Nyahururu Country Club.

The Corporation showcased a diverse funding portfolio, including the USD 15 million (Sh1.95 billion) EXIM Bank of India Line of Credit, which will support the importation of high-tech machinery and equipment for local businesses.

Also featured was the USD 40 million (Sh5.2 billion) DRIVE initiative, which strengthens resilience in pastoralist economies, and the €47.25 million (Sh6.7 billion) SAFER programme that has already disbursed Sh2.5 billion to help MSMEs recover from economic shocks. 

Another flagship project, the €42.2 million (Sh6 billion) Kenya Jobs and Economic Transformation (KJET) initiative, is focused on empowering climate-resilient SMEs in environmentally sustainable sectors.

KDC Director General Norah Ratemo said the Corporation is prioritizing investments that foster inclusive development and align with Kenya’s green growth agenda.

“Unlocking Laikipia’s full economic potential requires a collaborative approach backed by catalytic funding,” said Ratemo, while calling for strengthened public-private partnerships and long-term financial commitments.

The high-level forum brought together more than 300 participants from government, private sector, and international development organizations. 

Key discussions centered around unlocking Laikipia’s economic promise through strategic capital flow and infrastructure investment.

Among the highlighted opportunities were cold storage systems, food processing facilities, livestock feedlots, meat processing plants, eco-tourism, and sustainable hospitality ventures. 

KDC also identified sectors like solar energy, waste-to-value, green fertilizer production, and healthcare upgrades as key growth frontiers for Laikipia County.

To drive these ambitions, KDC offers an array of financial products including asset financing, equity capital, project finance, and working capital support. 

The Corporation also provides advisory services such as feasibility studies, capacity development, and capital mobilization strategies, all aimed at bridging investment gaps and accelerating regional development.

Phidel Kizito
Phidel Kizito
Phidel Kizito Odhiambo is a seasoned journalist and communications professional with over five years’ experience in storytelling across Kenya’s top newsrooms, including Capital FM, Standard Media, and Jedca Media. Skilled in digital journalism, strategic communications, and multimedia production, he excels at crafting impactful narratives on an array of beats, including business, tech, and sustainability.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

spot_imgspot_img

Trending

More like this
Related

Kenyan Men Ombwori, Gititu Die in Russian-Forced War in Ukraine

DONETSK, Ukraine — The Defence Intelligence of Ukraine has...

‘JSC Is Useless’: Macharia Njeru Accuses Executive of Hostile Takeover

NAIROBI, Kenya — Former Judicial Service Commission (JSC) commissioner...

Fraud Case Delayed as Kisumu City Manager Abala Wanga Misses Court

KISUMU, Kenya— The case against Kisumu City Manager Michael...

eFootball Mobile Gamers to Use Game Controllers in Major Competitive Shift

The competitive mobile gaming landscape is set for a...