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Originally published by Capital Business
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business
February 3, 2026
8h ago

Kenya expands livestock markets to boost jobs, exports and incomes

Kenya expands livestock markets to boost jobs, exports and incomes

NAIROBI, Kenya, Feb 3 - Kenya is stepping up efforts to grow livestock and livestock product markets under the De-risking, Inclusion and Value Enhancement Kenya breaking news | Kenya news today |..

✨ Key Highlights

Kenya is intensifying efforts to expand its livestock and livestock product markets through the De-risking, Inclusion and Value Enhancement (DRIVE) Project. This initiative aims to boost jobs, exports, and incomes, particularly in pastoral and agropastoral regions.

  • The livestock sector contributes about 12 percent of Kenya’s national GDP, with earnings rising to Sh235 billion in 2024.
  • The Kenya Development Corporation (KDC) has seen financing disbursements under the DRIVE Project increase from Sh185 million to Sh852 million over the past three years.
  • KDC, in partnership with Safaricom, launched KDC Mifugo Cash, a digital credit product offering unsecured loans to 5,000 pastoralists via M-PESA.
  • Phyllis Kandie, Advisor on Market Linkages for Trade, emphasized better coordination across production, trade, and quality systems to open new markets.

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Part of the Day's Coverage

New NSSF Rates Take Effect, Use of Movable Assets as Collateral Surges, and Livestock Market Expansion Pushed in Kenya - February 2026

Kenyans will experience higher salary deductions from February due to new National Social Security Fund (NSSF) contribution rates taking effect, a move aimed at boosting long-term retirement savings but reducing monthly take-home pay. Separately, the use of movable assets as loan collateral surged by 43.02 percent in 2025, with security notices filed at the Movable Property Security Rights registry reaching 151,057. This increase reflects growing credit demand amidst easing monetary conditions. Concurrently, Kenya is intensifying efforts to expand its livestock and livestock product markets through the De-risking, Inclusion and Value Enhancement (DRIVE) Project to boost jobs, exports, and incomes.

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