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August 2, 2025
3w ago

KDC in Sh14bn investment drive for climate-resilient, inclusive growth

KDC in Sh14bn investment drive for climate-resilient, inclusive growth

Among the key facilities highlighted was the EXIM Bank of India Line of Credit, worth USD 15 million (Sh1.95 billion), which enables businesses to import high-quality machinery and technology. - Kenya breaking news | Kenya news today | Capitalfm.co.ke..

✨ Key Highlights

The Kenya Development Corporation (KDC) is embarking on a Sh14 billion investment drive to support climate-resilient and inclusive economic growth in Kenya, with a specific focus on green enterprises, MSMEs, and the livestock sector. This initiative aims to unlock economic potential through strategic capital deployment and public-private partnerships.

  • KDC has highlighted key facilities including a USD 15 million (Sh1.95 billion) Line of Credit from EXIM Bank of India, the USD 40 million (Sh5.2 billion) DRIVE project for pastoralist economies, and the €47.25 million (Sh6.7 billion) SAFER program.
  • Director General Norah Ratemo of KDC reaffirmed the corporation's commitment at the Laikipia Economic and Investment Conference in Nyahururu Country Club.
  • The initiative will finance climate-resilient SMEs in green sectors through the €42.2 million (Sh6 billion) Kenya Jobs and Economic Transformation (KJET) Project and offer various financial solutions and advisory services to support investments.

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