News

Kenya Commits $163 Million to Drive Western Region’s Development

Kenya Commits $163 Million to Drive Western Region’s Development
Monday, 03 November 2025 09:56
  • Kenya announces $162.5M for housing, markets, and infrastructure in Kakamega
  • Largest share targets affordable housing; gold refinery also planned
  • Investments align with Vision 2030 and Bottom-Up Transformation Agenda

Kenyan President William Ruto has announced more than 21 billion Kenyan shillings ($162.5 million) in new investments for transformative projects in Kakamega County, in the country’s western region. The initiative aims to promote inclusive growth and equitable development across Kenya.

The president revealed the plans on his official X account on Nov. 1, saying the funding will support affordable housing, modern markets, student housing, and infrastructure improvements. The largest share, 14 billion shillings, will go toward affordable housing projects. Another 2.5 billion shillings is earmarked for building modern markets, while 2 billion will finance new residences for female students in higher education institutions.

The government also plans to establish a gold refinery in the county for 1.5 billion shillings to ensure local communities benefit directly from the region’s natural resources. Additional investments will target roads, electricity, hospitals, air transport, health services, and sports facilities.

All these projects are designed to uplift the lives of our people, expand opportunities, and ensure equitable development across the country,” Ruto said.

The announcement follows several government programs aimed at revitalizing Kenya’s economy. In March 2024, the administration launched the Fourth Medium-Term Plan (2023-2027) along with County Integrated Development Plans under the Bottom-Up Economic Transformation Agenda. The strategy focuses on inclusive growth through investments in special economic zones, county clusters, industrial parks, and key sectors such as agriculture, health, and infrastructure.

The plan aligns with Kenya’s Vision 2030, which seeks to transform the country into a newly industrialized, middle-income economy offering a high quality of life for all citizens.

While economic growth remains solid, estimated at 4.5 percent in 2025, the World Bank warns that Kenya continues to face challenges, including poverty, projected to reach 43.8 percent this year, along with climate risks and persistent inequality.

Ruto announced the new investments during a meeting with county leaders in Kakamega.

Lydie Mobio

On the same topic
Benin approves construction contract for Cotonou Cultural and Creative Quarter 12-hectare site to boost arts, cultural industries, and international...
Denmark’s UPF Group opens logistics office in Douala, Cameroon Move expands African footprint, targeting stronger regional service and reach Entry...
Agreement supports marine protection, funding access, and blue economy growth Draft law approved by ministers, now awaits parliamentary vote Togo...
Cameroon to overhaul transport licensing under World Bank-backed corridor project New system aims to boost efficiency on Douala-N’Djamena trade...
Most Read
01

AI-backed agri-fintech is increasingly being used to pilot new rural credit models in Africa, where ...

From Mobile Data to Farm Loans: How AI Is Expanding Rural Credit in Africa
02

Fruitful partners with Elsewedy unit to launch processing project in Egypt New facility wil...

Egypt attracts Polish Fruitful investment in horticultural processing
03

Investment bank BCID-AES established  in Bamako Bank aims to fund infrastructure, agricultur...

Sahel Alliance Establishes Investment Bank, Key Financing Decisions Pending
04

This week’s health update shows Africa edging closer to the end of the mpox public health emergency,...

Weekly Health Update | Africa Steps Up Essential Medicines Strategy, Despite Outbreaks, Funding Gaps
05

Fitch upgrades Côte d’Ivoire to BB, saying political uncertainty has lifted and the country has mo...

Fitch Says Côte d’Ivoire Has “Left Political Risk Behind” as Rating Upgrade Highlights Strengthening Fundamentals
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.