National Lottery Board appoints advisers for Kenya’s first national lottery

Board Chairperson Dr Farida Karoney announced the appointment on Thursday during a media briefing in Nairobi, saying the consortium had emerged as the highest-ranked bidder following an open and competitive international tender...

✨ Key Highlights

The National Lottery Board has appointed a consortium led by RSM Eastern Africa and QLOT Consulting as transaction advisers for the establishment of Kenya’s first national lottery.

The consortium was the highest-ranked bidder in an open and competitive international tender evaluated using the Quality and Cost Based Selection method.
The advisers will guide the board through the procurement of the national lottery operator, covering concession structuring, legal advisory, financial modelling, and more.
Proceeds from the lottery are designated for public-benefit programmes, with a focus on responsible gaming and transparent management of the National Lottery Fund.