The 10 counties have now ratified the plan under the Central Region Economic Bloc (CEREB), which also seeks to monetise non-mainstream and neglected economic sectors as a diversification strategy outside agriculture.
The bloc will fundraise from the private sector, local and foreign, and is keen to tap to cheaper money in Europe and other Western nations. “For instance, we have found that to revive the old railway and expand it, we just need Sh15 billion. We are already working on this with the Kenya Railways and other partners,” said Kimemia.“We have cross-cutting programmes like fertilizer blending, an agricultural bank, animal feeds factory, solar power farms, and lime production in Tharaka Nithi”.
Full article: Standard Digital