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Originally published by The Standard Business
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July 7, 2025
1mo ago

Treasury gets Sh57 million dividend from KDC

Treasury gets Sh57 million dividend from KDC

Kenya Development Corporation has delivered a Sh57 million dividend to the National Treasury while unveiling a Sh500 million recovery facility for Sacco-based lending...

✨ Key Highlights

Kenya Development Corporation (KDC) has delivered a Sh57 million dividend to the National Treasury and announced a Sh500 million recovery facility for Sacco-based lending during the Next Frontier Africa 2025 Summit in Nairobi.

  • Sh57 million dividend announced
  • Albert Mwenda, Director General of Budget, Fiscal and Economic Affairs, praised KDC for its dual focus on financial growth and national development
  • The new facility is aimed at supporting micro, small, and medium enterprises (MSMES) recovering from the post-Covid-19 economic impact

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