MAKUENI EXPLORES GREEN FINANCE TO FUND MEGA DEVELOPMENT PROJECTS

Makueni County is exploring the financial markets to fund capital-intensive projects with huge development ripple effect.

With the help of Financial Sector Deepening- Kenya (FSD), an independent network that works to improve financial systems, the county is working with Price Waterhouse Cooper to develop bankable proposals for funding under the green finances program.

In a meeting with Governor Mutula Kilonzo Jr, on Friday, to explore possible areas of funding, FSD top ranking officials led by Senior Green Finance Specialist Sarah Makena agreed to link the county with partners for funding of the development proposals.

Some of the targeted areas of development funding include: fruits processing and value addition; development of industrial parks; provision of green infrastructure and incentives to attract investors; Water harvesting and green energy development.