The East Africa Venture Capital Association (EAVCA) has recently announced a collaboration with the State Department of Investment Promotion and the Kenya Development Corporation. Their joint effort aims to establish a framework for co-investing and mitigating risks associated with private investments in County Aggregation and Industrial Parks (CAIPs). This partnership aligns with the goal of driving bottom-up economic transformation through venture capital investment. This exciting development coincides w

Strategic Partnership: EAVCA and Kenyan Government Join Forces to Boost Investment in County Aggregation and Industrial Parks

Investment Promotion News / Fri, 09/15/2023 - 11:04

The East Africa Venture Capital Association (EAVCA) has recently announced a collaboration with the State Department of Investment Promotion and the Kenya Development Corporation. Their joint effort aims to establish a framework for co-investing and mitigating risks associated with private investments in County Aggregation and Industrial Parks (CAIPs). This partnership aligns with the goal of driving bottom-up economic transformation through venture capital investment.

This exciting development coincides with the celebration of EAVCA's 10th anniversary, marking a decade of their dedicated work in the field of venture capital investment in East Africa. This collaboration between EAVCA and key government entities signals a significant step towards fostering economic growth and development in the region by facilitating private investments in CAIPs.