The leather value chain contributes an estimated 1.5 percent to the gross domestic product. Fittingly, it received particular attention at the Kenya International Investment Conference last week. A dedicated side event was house-full. There was a large delegation from the Italian government and private sector in attendance.
Among the deals signed were the memoranda of understanding between KCB and the Kenya Leather Development Council (KLDC), and between the Bank, Alpharama Ltd, and Ranch Experts. KCB announced its intention to make available $100 million for the sub-sector.
