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Treasury takes oversight roles at Kenya Seed, AFC
The Director General, Public Investments and Portfolio Management Lawrence Kibet appear before the National Assembly Committee on Trade, Industry and Cooperatives at Bunge Tower, Nairobi on September 25, 2025.
The Treasury has taken over the financial and governance oversight roles at the Kenya Seed Company (KSC) and the Agricultural Finance Corporation (AFC), marking a major policy shift from the past where the two institutions were fully under the control of the Ministry of Agriculture.
The Treasury said that the changes are aimed at enhancing transparency and efficiency and optimising the operations of the two State -owned enterprises, with an overall objective of ensuring profitability and long-term sustainability.
