About Us2018-07-30T08:29:48+00:00

The Kenya Innovative Finance Facility for Water(KIFFWA) is a co-developer of water initiatives in Kenya. It provides early-stage capital, finance, and engineering expertise to support the creation of viable water investment opportunities and attract (private) providers of finance.

Who We Are

Vision

To be the first-choice co-developer of water initiatives in Kenya.

Mission

To provide financial and technical support to project developers in order to catalyse investment and growth of the water sector.

Core Values

  • Expertise
  • Integrity
  • Care for the Environment
  • Social Justice
  • Innovation
  • Business Orientation

Background

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 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. Kenya has been at the forefront of innovative financing of infrastructure, including blending various public and private sources. KIFFWA wants to add to this.

Finance Issues for Water

KIFFWA will support bankable initiatives that take on or manage to deal with some of the persistent finance challenges for the water sector like:

  • Lack of funds (particularly on decentralized level)
  • Affordability constraints
  • Lack of bankable projects
  • Lack of understanding by external lenders and investors
  • Limited funds for domestic operators
  • Risk profile and difficulty in managing risks
  • Short tenor of available finance;

Eligible water sub-sectors

KIFFWA has no water sub-sector bias, so in principle, it supports bankable initiatives in all water subsectors such as:

  • Coastal zone development
  • Drinking water
  • Flood management
  • Hydropower
  • Industry water
  • Integrated water resource management
  • Irrigation
  • Ports