Component 1: Competitive business challenge
The KKCF Competitive Business Challenge is no longer taking new applications. Please find our list of winners here
KKCF’s Competitive Business Challenge offers incentives to small and medium-sized businesses looking to enter Kakuma. The component, which is being implemented in partnership with the AECF offers three windows of competitive funding opportunities:
- The Private Sector Window (PSW) targets private sector companies seeking to set up or expand operations in the Kakuma and Kalobeyei areas.
- The Social Enterprise Window (SEW) targets social enterprises seeking to set up or expand operations in the Kakuma and Kalobeyei areas.
- The Local Enterprise Development (LED) Window provides finance and technical assistance to local enterprises already present in the Kakuma and Kalobeyei areas.
Meet the Winners of our Competitive Business Challenge
Component 2: Investment Climate and Policy Advisory
- IFC is working with Turkana County Government to implement the Biashara Huduma Centre, a “one-stop Shop” that provides high-demand county and national services.
- Address challenges faced by the business, host and refugee communities, and regulators to receive and deliver services.
- Promote and support investment capacity and opportunities for Turkana County.
Component 3: Hands-on Support to Corporates
- Facilitate entry of larger companies into Kakuma, including by illustrating and quantifying the business opportunity
Studies like Kakuma as a Marketplace, Kakuma Energy Study, and Kakuma Water Study made the Kakuma business opportunity apparent.
But, it’s a unique and unfamiliar context for many larger firms. IFC can offer them critical help through advisory services: helping conduct scoping missions, performing market studies, and assisting in capacity building.
The project has signed an agreement with Goodlife Pharmacy to open and operate the first modern pharmacy in Kakuma town.
Goodlife Phamarcy
- In 2022, Goodlife Pharmacy became the first major pharmaceutical retailer to open a branch in Kenya’s Kakuma-Kalobeyei refugee-hosting area with the support of KKCF.
- The pharmacy’s presence increases access to quality pharmaceuticals, medicines, and other products and services for thousands of refugees and Kenyans in the surrounding area.
