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HomeDaily NewsMonday, July 21, 2025Investments and Financial Developments in Kenya
Business & Economy3 stories from 1 sources

Investments and Financial Developments in Kenya

Experts discuss KenGen’s wind power project in Marsabit facing opposition, 42 counties receiving Sh6.97bn for climate projects, and policy forums targeting MSMEs in Uasin Gishu, Kisumu, and Nakuru.

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Monday 4:41 PMCapital Business

KenGen’s wind power project in Marsabit faces opposition

KenGen’s wind power project in Marsabit faces opposition

A group of professionals representing the indigenous host communities of Loiyangalani Ward in Laisamis Constituency, Marsabit County, has opposed the proposed KenGen Wind Power Project due to concerns over community engagement and infrastructure planning.

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Key Highlights

A group of professionals representing the indigenous host communities of Loiyangalani Ward in Laisamis Constituency, Marsabit County, has opposed the proposed KenGen Wind Power Project due to concerns over community engagement and infrastructure planning.

  • July 20 – The group emphasized the need for their voices to be heard and for concerns to be addressed before project progress.
  • KenGen is the organization behind the wind power initiative, which the group believes could benefit the region economically.
  • The community demands the project be renamed to Loiyangalani-Mt. Kulal Wind Power Project to accurately reflect its cultural and geographical significance.
Monday 1:36 PMCapital BusinessFirst

42 counties get Sh6.97bn to invest in climate projects

42 counties get Sh6.97bn to invest in climate projects

42 counties in Kenya have been allocated Sh6.97 billion to fund climate projects under the second tranche of the County Climate Resilience Investment (CCRI) grants.

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Key Highlights

42 counties in Kenya have been allocated Sh6.97 billion to fund climate projects under the second tranche of the County Climate Resilience Investment (CCRI) grants.

  • Sh6.97 billion designated for climate initiatives
  • John Mbadi, the National Treasury & Economic Planning Cabinet Secretary, emphasized the empowerment of local communities
  • The funding is a part of the Financing Locally-Led Climate Action (FLLoCA) program, aiming to operationalize County Climate Change Action Plans (CCCAPs)
Monday 7:42 PMCapital Business

Policy awareness forums target grassroots MSMEs in Uasin Gishu, Kisumu and Nakuru

Policy awareness forums target grassroots MSMEs in Uasin Gishu, Kisumu and Nakuru

The Micro and Small Enterprises Authority (MSEA), in collaboration with SNV Netherlands Development Organisation, has successfully hosted policy awareness forums in Uasin Gishu, Kisumu, and Nakuru to educate MSMEs about government policies and business support services.

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Key Highlights

The Micro and Small Enterprises Authority (MSEA), in collaboration with SNV Netherlands Development Organisation, has successfully hosted policy awareness forums in Uasin Gishu, Kisumu, and Nakuru to educate MSMEs about government policies and business support services.

  • Focus on early-stage businesses, particularly those led by youth and women, in sectors such as agriculture and digital innovation.
  • Tabitha Gicheru, Senior Assistant Director at MSEA, emphasized the goal to “demystify what different institutions offer.”
  • The initiative is part of the Supporting Entrepreneurship Ecosystem Development (SEED) program, which aims to improve the regulatory environment for MSMEs.
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