IFC UNHCR Joint Initiative - Kakuma Kalobeyei Challenge Fund (KKCF)

KKCF is a five-year initiative promoting private sector investment to enhance economic opportunities for refugees and hosts in the Kakuma-Kalobeyei area in northern Kenya. It collaborates with various private sector entities and is backed by development agencies from the Netherlands, Switzerland, Germany, the UK, and the European Union. IFC and Africa Enterprise Challenge Fund (AECF) selected 40 winners of the Kakuma Kalobeyei Challenge Fund (KKCF) Competitive Business Challenge. These businesses, led by local Kenyan entrepreneurs and refugees, will receive grants and technical support to drive development, job creation, and economic opportunities in Kenya's Kakuma-Kalobeyei refugee-hosting area. The competition is part of IFC's strategy to empower host communities and refugees, focusing on sectors like health, energy, agribusiness, financial services, education, media, construction, and light manufacturing. The winning companies are anticipated to create jobs, invest in operations, and contribute to the economic growth of Turkana County.

• IFC
• UNHCR
• Africa Enterprise Challenge Fund (AECF)
• Turkana County Government (Kenya)

Kenya