Nairobi 8th December 2025
The Nairobi County multi-sectoral committee spearheading project screening and structuring for investor readiness—supported by the African Development Bank (AfDB) and guided technically by KPMG—today held a productive deliberation on the outcomes of the initial project screening exercise. The exercise reviewed a long list of 40 priority projects submitted by County departments to assess their technical, operational, financial, and economic viability for alternative financing.
The AfDB reaffirmed its commitment to supporting Nairobi City County in mobilizing project finance from diverse market instruments under its Urban Municipal Development Fund (UMDF). The screening applied a robust set of criteria, including alignment with national development priorities, competitiveness against County priorities, UMDF eligibility requirements, and overall technical and economic feasibility.
Deputy Governor H.E. James Muchiri officially opened the workshop, reaffirming the County leadership’s resolve to advance a pipeline of bankable and well-structured projects capable of attracting sustainable investment. In his remarks, the Deputy Governor emphasized the strategic importance of the screening exercise as a foundational step toward unlocking long-term financing opportunities critical to Nairobi’s transformation. He underscored the need for a thorough, data-driven, and timely conclusion of Phase I, stating that the administration is committed to moving decisively from planning to implementation with speed, precision, and accountability.
The Deputy Governor highlighted the County’s broader agenda to strengthen governance, enhance service delivery, and accelerate infrastructure development, situating the project screening initiative as a key enabler of Nairobi’s economic, social, and urban transformation.
The County’s technical team is led by Mr. Kefa Omanga, Director for Donor Coordination and Stakeholder Engagement. Mr. Omanga commended the rigorous effort and expertise applied by the County’s technical departments and KPMG consultants. He outlined the remaining tasks, including determining the Economic Value for Money (E-VfM), Rate of Return (RoR), and the projected Economic Internal Rate of Return (EIRR) for each shortlisted project—critical metrics that will inform the holistic ranking and investment prioritization of the candidate projects.
Participating County departments included Energy, Mobility, Water & Sanitation, Markets, Boroughs, Tourism, ICT, Digital Economy & Startups, Disaster Management, Urban Planning, Health, and others. The session was also attended by senior officials from the African Development Bank and KPMG.
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