2024 Update:

With the support of country partners and the Kenyan government, the initiative consolidated existing market and needs assessments, convened local investors and market development actors active in the region, and identified a USD 400 million investment pipeline.

In 2025, we plan to start tackling identified investment challenges, and connect identified investment opportunities with relevant capital providers, with the support of country partners.

Commitment:

Spearheaded by the Kenyan Government and the United States Government, top organisations including The African Development Bank (AFDB), Bamboo Capital Partners, CrossBoundary, IKEA Foundation, ODI, and the World Bank Group are coming together to support favorable market conditions to pilot a new approach to help scale a pipeline of businesses in Northern Kenya. The HRI initiative together with its Call to Action partners plan to implement this approach in nine additional frontier markets by 2030.