The Nyanza International Investment Conference concluded with major strides toward regional development.
Notable agreements included a Memorandum of Understanding between Equity Bank and Homa Bay and Siaya Counties for project financing.
Additionally, an MOU was inked with Tag & Batch Company to support initiatives within the Blue Economy.
KenInvest identified six priority projects, one from each county, following thorough feasibility assessments.
Among the national government’s promises were investments in a 120 MW multipurpose Magwagwa Dam in Nyamira, a potato processing factory in Migori, and a key Ring Road around Lake Victoria, opening avenues for transport and hospitality growth.
Furthermore, the government agreed to prioritize establishment of a new abattoir in Migori that will bolster the livestock sector, enhancing the hides and skins industry.
The conference was co-patroned by Mr. Eliud Owalo, Deputy Chief of Staff in the Executive Office of the President, and Cabinet Secretary for Education Julius Ogamba.
