Kenya Meets Development Partners to Accelerate Infrastructure Development
The Public Private Partnerships (PPP) Directorate today held a strategic partnership meeting with foreign missions to accelerate the implementation of Kenyaโs PPP programme.
The engagement, which was chaired by the Principal Secretary for the State Department of Public Investments and Assets Management, Mr. Cyrell Wagunda, brought together a cross-section of development partners and members of the diplomatic community.
In his opening remarks, PS Wagunda emphasized that infrastructure development and improved public service delivery remain central to the Governmentโs economic transformation agenda. โAchieving our infrastructure development goals require innovative financing approaches, mobilization of private capital, and stronger development cooperation through the PPP frameworkโ, he noted.
He also highlighted the critical role of development partners in providing technical assistance, project preparation funding, guarantees, concessional financing, and policy support to make PPP projects bankable and investment-ready.
PS Wagunda described the engagement as the start of a more structured partnership between the Government of Kenya and the development community to advance PPPs.
The Director General of the PPP Directorate, Eng. Kefa Seda, briefed participants on ongoing reforms aimed at strengthening the PPP ecosystem. These include reviewing PPP regulations to operationalize the Public Private Partnership Act 2021 and updating PPP guidelines to ensure greater alignment with stakeholder needs and evolving market realities.
Eng. Seda noted that the engagement seeks to build stronger synergies among development partners while expanding participation across counties and economic sectors in line with Government priorities. โThe Government is currently prioritizing structured PPP collaborations in key sectors including energy, water, transport, roads, and agriculture,โ he explained.
The meeting provided a platform to not only align Kenyaโs priority PPP opportunities with partner support instruments but also explored blended finance models that reduce investment risks and attract private capital. Additionally, discussions included modalities for strengthening coordination among development partners to avoid duplication while maximizing development impact.
Key participants in the meeting included representatives from the Turkish Embassy, GiZ Kenya, Japanese Embassy, European Union, United States Embassy, Canadian High Commission, Korean Embassy, German Embassy, Embassy of Belgium, Netherlands Embassy, Seriti Green (SA), Nedbank Ltd, AKSA Power, Nippon Koei, ABSA Bank Kenya, Zutari, Sanlam Allianz and Investec Bank, among others.
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