Why blended finance is gaining traction in Kenya's search for sustainable funding

Across Africa, blended finance has been promoted as a response to a widening development financing gap, particularly in infrastructure and climate-related projects...

✨ Key Highlights

Kenya is increasingly exploring blended finance as a strategy to secure sustainable development funding without escalating its debt. This approach combines public or concessional funding with private capital to attract long-term investment into crucial sectors.

Blended finance aids in reducing risks for projects that might otherwise struggle to secure commercial financing, particularly in Africa for infrastructure and climate-related initiatives.
Standard Chartered Kenya Head of Coverage Birju Sanghrajka and KenInvest CEO John Mwendwa featured in UK-Kenya business discussions highlighting this model.
While it helps attract capital, concerns exist that poorly structured deals may not deliver meaningful local benefits, especially for Kenya’s small and medium-sized enterprises which face high borrowing costs.

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