Kenya Development Corporation Expands County Investment Support

Kenya Development Corporation’s comprehensive investment facilitation program targets county-level economic transformation through strategic partnerships, offering $200 million in development finance to unlock regional growth potential across key productive sectors.

The corporation’s participation in the Laikipia Economic Conference demonstrates commitment to inclusive development, with tailored financial solutions addressing local investment gaps. KDC’s portfolio includes project finance, working capital loans, and equity participation designed to catalyze private sector growth.

“Unlocking Laikipia’s economic potential requires bold strategic approaches anchored on long-term financing and strong public-private partnerships,” emphasized Managing Director Norah Ratemo. The county’s comparative advantages in agriculture, tourism, and renewable energy offer significant investment opportunities.

KDC’s $15 million EXIM Bank of India credit facility enables businesses to import advanced machinery and technology, enhancing productivity particularly in manufacturing and agro-processing sectors. This access to international markets could increase county export earnings by 40% within three years.

The De-risking, Inclusion, and Value Enhancement of Pastoral Economies project allocates $40 million specifically for pastoralist community development, addressing traditional financing gaps in livestock value chains. This initiative targets 50,000 pastoral households with improved market access and financial services.

Priority investment areas include post-harvest infrastructure development, livestock value chain expansion, eco-tourism facilities, green energy initiatives, and healthcare facility upgrades. These sectors collectively employ 200,000 residents while contributing significantly to county GDP.

Economic analysis indicates targeted development financing could increase county per-capita income by 25% over five years through enhanced productivity, job creation, and value addition. KDC’s business advisory services complement financing with technical assistance and capacity building.

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