Kenya Development Corporation — state-owned development finance institution providing long-term capital and affordable financing for SMEs, manufacturing, climate finance, and youth-led digital innovation and creative enterprises.
… d the group to Apstar Sacco, where they discovered an opportunity to access much-needed financing.At the time, the sacco was benefiting from funding under the Supporting Access to Finance and Enterprise Recovery (SAFER) initiative, implemented by the Kenya Development Corporation …
… Through the Kenya Development Corporation, $40m has been committed as seed capital, with the government seeking another $160m from institutional investors and development-finance partners. …
… The Kenya Development Corporation (KDC) finances projects ranging between Sh10 million and Sh500 million, targeting sectors with significant economic impact. …
… Kenya Development Corporation Director General Norah Ratemo said KDC would support investment in livestock aggregation companies to formalise trade, improve livestock marketing and stabilise prices for pastoralists. …
… rs' rights are protected.Besides the labour agreement, Kenya and Saudi Arabia also signed three Memoranda of Understanding covering the promotion of direct investment, customs cooperation and collaboration between the Saudi Export-Import Bank and the Kenya Development Corporation …
… The Kenya Development Corporation also signed a partnership agreement with the Saudi EXIM Bank to promote exports, investment and knowledge exchange between the two countries. …
Audio By VocalizeThe Kenya Development Corporation (KDC) has unveiled a pipeline of financing programmes worth more than Sh18.5 billion and over Sh51.8 billion ($400 million) aimed at expanding access to long-term capital for businesses, in a move expected to accelerate industria …
… Speaking at a customer networking forum for Kenya Development Corporation customers and their partners, MSME PS Susan Mang’eni noted the huge potential among the youth and growing businesses in the country. …
… At the same time, the Kenya Development Corporation is pushing for legal and policy reforms aimed at protecting intellectual property rights for young innovators while enhancing support for startups, particularly in the digital sector. …
… As a financier, the Kenya Development Corporation is pushing for a change in laws that would drive policy and protect the intellectual property of the country’s youth even as they commit to supporting startups, more so in the digital world. …
A group of boda boda riders in Nairobi's Ngando area started a self-help group in 2020 to pool and save money for business expansion and financial support. After a bank declined their loan application, they accessed financing through Apstar Sacco, which was supported by the SAFER initiative.
A group of boda boda riders in Nairobi's Ngando area started a self-help group in 2020 to pool and save money for business expansion and financial support. After a bank declined their loan application, they accessed financing through Apstar Sacco, which was supported by the SAFER initiative.
An opinion piece argues that as renewable energy becomes a larger share of global electricity generation, Kenya should use its clean-energy advantage—over 90 per cent of the country's electricity comes from renewable sources—to develop industrial capacity, exports, and jobs, with international partnerships like those with Dubai helping to provide technological expertise and capital access.
Entrepreneurs and small businesses in Kenya are increasingly turning to SACCOs, fintech lenders, venture capital firms and development finance institutions instead of commercial banks, which have high collateral requirements and rising borrowing costs. Together, these alternatives help address Kenya's estimated Sh2.5 trillion MSME financing gap by prioritizing savings history, cash flow and community guarantees over traditional collateral.
Kenya launched a digital livestock tracking system called ANITRAC at a national meat conference, designed to strengthen animal health, improve food safety, and meet international traceability requirements to help grow the livestock sector from its current Sh390 billion annual contribution toward a Sh1 trillion goal within two years.
Kenya and Saudi Arabia have signed a Labour Recruitment and Employment Agreement aimed at strengthening protections for Kenyan migrant workers, including safeguards on ethical recruitment, worker protection, and improved working conditions. The agreement comes amid years of complaints from Kenyan domestic workers in Saudi Arabia reporting physical abuse, unpaid wages, document confiscation, and sexual harassment.
Kenya and Saudi Arabia have signed agreements during inaugural political consultations in Riyadh to deepen labour cooperation, strengthen trade, boost investment flows, and improve economic ties. The deals are expected to strengthen labour protections for Kenyan workers, open new export markets for local businesses, and attract fresh investments in energy, infrastructure and logistics.
The Kenya Development Corporation has unveiled financing programmes worth more than Sh18.5 billion and over Sh51.8 billion ($400 million) aimed at expanding access to long-term capital for businesses, with funding targeted at manufacturing, automotive, climate finance, and SMEs to accelerate industrialisation and job creation.
The Kenyan government is expanding access to affordable business financing for micro, small and medium enterprises through flexible lending rates and tailored financial products. A tiered financial model is proposed to structure products based on borrower status, targeting groups including fresh graduates, young entrepreneurs, people with disabilities, and women.
At the Africa Forward Summit in Nairobi, ICT Cabinet Secretary William Kabogo and international officials identified investment in Africa's digital economy as critical for cross-border trade and innovation. Officials emphasised that increased technology investment and digital ecosystem development would benefit the continent's youth and strengthen regional opportunities.
Kenya's ICT CS William Kabogo and French Minister for AI and Digital Technologies Clara Chappaz announced a partnership between Kenya and France to boost digital economy investment, with focus on supporting Africa's youth through startups, intellectual property protection, and peer-to-peer learning opportunities in technology.
Kenya is positioning itself as a continental leader in digital innovation ahead of the inaugural Africa Forward Summit in Nairobi, held in partnership with the French government. The summit is expected to attract investment into youth-led digital innovations and technology enterprises, with young innovators showcasing solutions under the NOVA GARAGE programme.
Kenya Development Corporation is expanding its role in financing the country's innovation and creative economy, positioning Kenya as a regional hub for digital enterprise and youth-led innovation. The state-owned development finance institution will participate in the Africa Forward Summit 2026 (May 11–12 in Nairobi) to discuss financing and partnerships for innovation-driven growth across Africa.
The Kenya Development Corporation is participating in the Africa Forward Summit 2026 in Nairobi (May 11–12), jointly convened by Kenya and France, to mobilize financing and partnerships for youth-led innovation. KDC is positioning itself as a development finance driver supporting digital entrepreneurship, creative industries, fintech, and emerging technologies.
Kenya Development Corporation is participating in the Africa Forward Summit 2026 in Nairobi (May 11–12), jointly convened by Kenya and France, to advance innovation-led growth and youth-led enterprise. KDC Director General Norah Ratemo stated that the corporation is providing affordable and inclusive financing to enable creatives, innovators and digital entrepreneurs to scale ideas into sustainable enterprises.