Invest in Kenya: Focus Kisumu

A new African investment guide, Invest in Kenya: Focus Kisumu, was launched by the Millennium Cities Initiative and the Columbia Program on International Investment in Nairobi on September 26. MCI’s first investor’s guide focuses on Kisumu, the first city named a Millennium City. Kisumu, located on Lake Victoria, is Kenya’s third largest city and an important economic center. Its location, climate and safety, combined with Kenya’s increasing access to foreign markets, make Kisumu attractive to investment in a number of areas. One sector of great potential discussed in the Guide is agriculture, with opportunities in the areas of sugar cane, cotton, groundnuts, rice, and horticultural crops. Other areas with potential include aquaculture, agro-processing and dairy. The Guide delves into these opportunities as well as relevant matters such as tax and regulatory conditions in Kenya.

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