Development Finance Institutions (DFIs) are key drivers of Kenya’s economic growth, financing projects in manufacturing, energy, agriculture, and infrastructure. They complement commercial banks by offering long-term financing to underserved sectors, supporting SMEs, and enhancing financial inclusion.

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On August 14, 2024, the Kenya Development Corporation (KDC) hosted a key breakfast meeting at Nairobi's Argyle Grand Hotel, gathering crucial stakeholders to explore the opportunities within the Credit Line Agreement between Kenya and the Export-Import Bank of India. The focus of the meeting was the pivotal role of technological advancement in strengthening Kenya's manufacturing sector.

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The Kenya Development Corporation (KDC), in collaboration with the State Department for Livestock (SDL) and ZEP-RE, is making significant strides in empowering Arid and Semi-Arid Land (ASAL) counties through its DRIVE initiative. This ambitious project aims to uplift local economies by providing targeted support and resources to stakeholders in the livestock sector.

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Through strategic financial interventions, KDC is not only unlocking the economic potential of Kenya's pastoral economies but also catalyzing a broader transformation. By bolstering value addition and promoting sustainable practices, the DRIVE initiative is laying the foundation for long-term prosperity and resilience in ASAL regions

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Empowering Kenya's MSMEs: The SAFER Project Ignites Enterprise Recovery Through Access to Finance

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