Browsing: USAID Kenya

Wildlife corridors are been blocked by human activities in Tanzania severely affecting migration patterns. USAID is funding Tuhifadhi Maliasili project to restore wildlife corridors.

On behalf of Tanzania’s Minister for Tourism and Natural Resources, Director of Wildlife Division, Dr Maurus Msuha said; “The project is key especially in our changing environment as many of our wildlife movement corridors are increasingly becoming fragmented to reduce encroachment and conflicts.”

The project will extend across five years to restore destroyed wildlife corridors along with supporting the surrounding communities. As such, the majority of the funding will go into strengthening the institutional capacity of key players from both the public and the private sectors.

“Although we cannot reverse previous damage to wildlife and natural resources, moving forward, USAID Tuhifadhi Maliasili will foster sustainable management at the community and national level,” Dr Masuha told stakeholders.

The project will engage and empower women and youth groups at both local and national levels. It is only through such communal engagement that the project can be sustained. A key part here is …

How a US-Kenya initiative is bridging capital to Kenyan companies

US government in Kenya is developing several mechanisms that are helping small and medium companies in Kenya access local and American investors through raising equity, debt and capital injection. Several companies were part of the recently concluded AmCham Kenya business summit where they pitched their proposals to American investors.

The Kenya Investment Mechanism is funded by USAID as part of Feed the Future, the U.S. Government’s global hunger, and food security initiative. During its first year of implementation, it has built a network of transaction advisors and financial institutions that have mobilized $20.5 M of investments in Kenyan agribusinesses.

KIM is providing a comprehensive and integrated approach to financing actors and increasing competitiveness through the mobilization of capital into the horticulture, dairy, livestock, and clean energy value chains (VCs).

Through financial incentives, training, and technical assistance, KIM is building the capacity of Financial Institutions (FIs) and Business Advisory Services providers …