UK companies hunt for Kisumu investments

British High Commissioner to Kenya, Neil Wigan and Kisumu Governor Anyang' Nyong'o address the press.

The British High Commissioner to Kenya, Neil Wigan has announced that firms in the United Kingdom (UK) are keen on investing in Kisumu County to leverage the region’s huge economic potential in agriculture and the blue economy.

Wigan said the UK government was keen on supporting interested companies in Britain to invest in the lakeside county.

His mission, he said, during a courtesy call on Governor Anyang Nyong’o was to help British companies to undertake public-private partnerships in consultation with the national and county governments to tap into existing opportunities in the area.

This, he said, was aimed at unlocking permissions and financing options for the interested firms, adding that the move was set to create job opportunities for the residents.

Nyong’o welcomed the gesture, saying it would impact positively on the ongoing socio-economic transformative programmes in the area.

“We highly welcome private investments by the British companies, and we are eager to facilitate the processes through the British Government and my Administration,” he said.

The county government, the governor said, has already developed a framework to engage the UK government, adding that more engagements were lined up to fast-track the process.

Already the County government has signed a KSh31 billion public-private partnership with a UK firm, adding that consultations are ongoing with the National Government to kick-start the project, he said.

Hinged on agriculture and climate finance, the multi-billion project would have immense economic benefits for the county.

Kisumu is the gateway to Uganda and Tanzania, presenting huge opportunities for the local and regional markets.

By Fredrick Odiero 

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