Kakamega County is emerging as a significant hub for investment in Kenya, with various companies spearheading projects that promise economic growth and development. As 2025 unfolds, several investment firms are making notable strides in sectors such as infrastructure, finance, and sustainable energy. Here are some of the top investment companies in Kakamega to watch this year:
1. Kakamega County Investment and Development Agency (KCIDA)
Established in 2018, KCIDA is a semi-autonomous county corporation tasked with promoting and facilitating investments in Kakamega. The agency identifies strategic investment opportunities, undertakes ventures on behalf of the county, and collaborates with other entities to stimulate economic growth. kcida.co.ke+1LinkedIn+1LinkedIn
2. Mwale Medical and Technology City (MMTC)
Located in Butere Sub-county, MMTC is a $2 billion community-owned sustainable metropolis. The city encompasses a large medical complex, research and innovation parks, residential areas, and a commercial shopping center. MMTC aims to revolutionize healthcare and technology in the region. Wikipedia
3. KUBAI Investment Fund
Founded in 2023, KUBAI Investment Fund focuses on wealth management and investment banking. The firm offers clients a 40% pretax return on investment, aiming to provide safe and high returns regardless of general financial market performance. LinkedIn
4. Everstrong Capital
Everstrong is a US-owned infrastructure asset manager with offices in Kenya. The firm invests in critical infrastructure projects across sub-Saharan Africa, including energy, transportation, communication, water, healthcare, and housing sectors. Their responsible investment philosophy focuses on delivering attractive financial returns while improving populations’ welfare. Everstrong Capital
5. Kenya Development Corporation (KDC)
KDC provides a range of advisory services to help investors make informed decisions and improve the performance and governance of existing businesses. The corporation plays a pivotal role in facilitating investments and promoting economic development in Kenya. Kenya Development Corporation
6. 4G Capital
With over 180 branches in Kenya, 4G Capital offers financial services tailored for small and medium-sized enterprises (SMEs). The firm provides instant repeat loans and business training, aiming to empower entrepreneurs and promote financial inclusion. 4g Capital Version 2
7. Britam Holdings
Britam is a diversified financial services group offering asset management, insurance, and investment advisory services. With a presence in multiple African countries, Britam continues to be a significant player in Kenya’s investment landscape. Wikipedia
8. Mumias Sugar Company Limited
Based in Kakamega County, Mumias Sugar Company is Kenya’s largest sugar manufacturer. The company plays a crucial role in the region’s economy, providing employment and contributing to the agricultural sector. Wikipedia
9. Kaptis Hydroelectric Power Station
This 15MW hydroelectric power project, located on the border of Kakamega and Vihiga Counties, is developed by a consortium including Tembo Power, Metier Private Equity International, and WK Construction. The plant aims to enhance the region’s power supply and support sustainable energy initiatives. Wikipedia
10. Kakamega Waste To Energy Plant
Developed by VR Holding AB, this 10MW solid waste-fired thermal power plant is under construction in Kakamega County. The project aims to convert solid waste into electricity, providing a sustainable solution to waste management and energy production. Wikipedia
Conclusion
Kakamega’s investment landscape in 2025 is vibrant, with various companies driving growth across multiple sectors. From infrastructure and healthcare to finance and sustainable energy, these firms are shaping the county’s economic future. Stakeholders and potential investors should keep an eye on these key players as they continue to influence Kakamega’s development trajectory.
