Kenya is yet to tap into a $443 billion (Sh57.1 billion) funding by the African Export-Import Bank (Afreximbank) and Africa Finance Corporation (AFC), earmarked to spur industrial growth across the continent even as other nations had a bite of the pie.
Last year, Afreximbank, and its implementing partner ARISE IIP (a Pan-African integrated industrial park infrastructure developer and operator), outlined a vision for Kenya’s industrial development, including massive investments in industrial parks in Mombasa (Dongo Kundu), Lamu, Busia, Eldoret, Isiolo and Naivasha.
