The Water Situation in Kenya
Kenya faces water security problems resulting in an array of social, environmental and economic challenges. Water use and water demand for different purposes (drinking, agricultural, industrial etc.) is expected to rise significantly in the coming years. Addressing these problems requires huge investments.
The (Kenya) National Water Plan 2030 indicates that over USD 2 billion annually is needed for the coming years. As public budget alone cannot cover these investment requirements, other sources are needed. However, there is a lack of investment-ready and/or bankable initiatives and there is a lack of understanding of the water sector by lenders and investors. Financing expertise in the development stage of water initiatives is required to bridge the gap between the water and the finance sectors.