The Kenya Private Sector Alliance (KEPSA) has signed a historic Memorandum of Understanding (MoU) with Kenya’s six Regional Economic Blocs to enhance collaboration between the public and private sectors. The agreement, unveiled at the 6th Jumuiya Agribusiness and Blue Economy Investment Conference (JABEIC) in Voi, Taita Taveta County, marks a critical step in unlocking Kenya’s economic potential through structured, collaborative engagement.

The signing ceremony was presided over by H.E. Gideon Mung’aro, OGW, Governor of Kilifi County and Chairperson of the Jumuiya ya Kaunti za Pwani (JKP). Representing the six counties of Mombasa, Kwale, Kilifi, Tana River, Lamu, and Taita Taveta, Governor Mung’aro highlighted the agreement’s significance.

“This partnership will drive inclusive development, reduce poverty levels, increase job opportunities, and attract private sector investments in the counties,” he stated.

Transforming County Economies

KEPSA CEO Carole Kariuki described the MoU as a pivotal milestone for Kenya’s economic future.

“Since devolution began in 2013, counties have become essential drivers of national development, contributing 60% of Kenya’s GDP. By fostering collaboration across all sectors, we can transform counties into beacons of progress,” she said.

Over the years, KEPSA has partnered with regional economic blocs to achieve tangible results. For example:

• In the Jumuiya ya Kaunti za Pwani (JKP), KEPSA has strengthened climate-resilient agricultural practices and developed value chains for crops like cashew nuts and coconuts, providing sustainable livelihoods for local communities.
• In the North Rift Economic Bloc (NOREB), the focus has been on agri-business and livestock farming, helping farmers access better markets and improve their incomes.
• In the Lake Region Economic Bloc (LREB), initiatives have enhanced the blue economy and fisheries management, supporting communities reliant on aquatic resources.

Aligning National and County Goals

The signing of the MoU comes at a critical time as Kenya seeks to maximize the potential of devolution to drive inclusive development. By aligning county and national priorities with private sector efforts, the agreement fosters policy coherence and creates a conducive environment for investment and innovation.

Governor Mung’aro emphasized the role of Public-Private Dialogue (PPD) mechanisms in bridging gaps between stakeholders.

A Vision for the Future

The collaboration between KEPSA and the six Regional Economic Blocs sets the stage for Kenya’s counties to become economic powerhouses.

Through structured dialogues, innovative programs, and coordinated efforts, the partnership aims to unlock new opportunities, reduce poverty, and empower communities. As Kenya continues to embrace the spirit of devolution, initiatives like this will play a vital role in ensuring equitable and sustainable development across all regions.

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