The unbundling and liberalisation of the energy sector in the mid-1990s was the golden key that unlocked the vast private investment opportunities in Kenya. This was closely followed by the establishment of decentralised State-owned energy organisations.
These events significantly improved the operational efficiency of the sector and mapped Kenya as one of the foremost destinations in the region for private energy investment.
After the reforms, Vision 2030 was launched in 2008, signalling the State’s pivotal claim in championing the scaling up of electrification. Then came the Big 4 Agenda in 2017, whose pillars are manufacturing, affordable housing, universal health coverage and food security and nutrition.
Vision 2030 identified energy as one of the enablers for sustained economic growth and a key foundation for Kenya’s envisaged national transformation.
Read more: Business Daily