Kisumu County’s economy has lost some momentum due to COVID-19 but remains robust nonetheless supported by strong domestic demand. The potential for exports to the regional markets is also high but needs to be developed.

The County Re-engineering and Recovery Strategy 2020/21-2022/23, embeds the principles of self-reliance driven by the private sector. Dominated by micro-enterprises (89.2%) and small farm holders (99.0%), the CGK intends to boost their activities to take advantage of global recoveries to pre-crisis GDP levels.

Growth Strategy

The county of Kisumu would like to carry out the following as they strive towards achieving Kisumu Vision 2050:

  • Embark on policy reforms that improve ease of doing business for domestic and foreign investors.
  • Enhance access to affordable credit and encourage partnerships with private sector to promote production of goods and services.
  • Invest in modern infrastructure, including information technology and conferencing to propel economic growth.
  • Develop the Lake Victoria blue economy sector focusing on fisheries, aquaculture, tourism, maritime transport, logistics, conservation, water sports and biotechnology.

An Investment Summit

Kisumu prides in a historically unique investments climate that attracts local, regional, and international financial capital. 

As the city hosts the 2021 Kisumu Investment Conference edition, it is inspired by its past, as it fixes its sights on the future promise the county holds. 

This investment summit has attracted government, private sector, civil society, and impact investors. Trade and partnership agreements will be signed and ratified by the County Assembly to promote the socioeconomic well-being of its citizens..

How to Register for the summit:

Register by clicking this link

 

DON’T MISS A SCOOP

Be the first to know when our articles go LIVE.

We don’t spam! Read our privacy policy for more info.

jomo kenyatta sports ground-landmarks in kisumu