Foreign investors will have a smoother time in Kenya now after KCB Bank Kenya and Kenya Invest signed a partnership that will enhance services for those seeking to either set up or expand businesses in the country.
This partnership pools KCB’s financial knowhow with the facilitation network of Kenya Invest to bring a one-stop experience for investors on matters pertaining to access to finance, advisory services, and streamlined investment processes in Kenya.
According to KCB Bank Kenya Managing Director Annastacia Kimtai, the deal is part of the bank’s continued efforts to make it easier for investors to do business in Kenya as well as boosting economic growth.
“Foreign direct investment is key to driving Kenya’s growth, creating jobs, and fueling innovation,” Kimtai said. “Through this partnership, we shall offer customized banking solutions to include payments, project financing, trade support, and linkages with local partners so that investors can hit the ground running.”
In echoing her, the Chief Executive Officer, Invest Kenya, John Mwendwa said the partnership signals a major stride towards an improved investment climate in Kenya.
“We want to tap into KCB’s reach and experience to grow investments across key sectors,” he said. “The strategic partnership reflects our shared ambition of making Kenya a premier investment destination on the continent.”
KCB Bank said that it was committed to playing a leading role in the attraction and retention of high-value investments through strategic partnerships and financial solutions that unlock the economic potential of Kenya.
