The Kakuma Kalobeyei Challenge Fund (KKCF) is a program of the International Finance Corporation (IFC), implemented with Africa Enterprise Challenge Fund, Turkana County Government, and UNHCR. The five-year program is designed to support private sector investment and unlock the economic potential of refugees and their hosts, in Kenya’s Turkana County.
KKCF is a competitive financing mechanism to support private sector investments. It consists of three components:
1) A rolling competitive business challenge
2) An investment climate and policy enabling advisory
3) The support for corporates.
KKCF operates in Kakuma refugee camp, Kakuma town, Kalobeyei refugee camp settlement (located 25 km away from Kakuma camp) and Kalobeyei town, all in Turkana County, Northern Kenya. The target group includes medium-sized private companies, social enterprises and local entrepreneurs from the host and refugee communities and the Turkana County Government for the investment climate advisory services.