Kenya Development Corporation (KDC) has delivered a Sh57 million dividend to the National Treasury while unveiling a Sh500 million recovery facility for Sacco-based lending.
This was during the inaugural Next Frontier Africa 2025 Summit in Nairobi.
The three-day Summit, convened by KDC brought together over 700 public and private sector leaders committed to reshaping Africa's investment architecture.
Director General of Budget, Fiscal and Economic Affairs at the National Treasury Albert Mwenda, while receiving the cheque lauded KDC for delivering both financial value and national development impact. "This dividend reflects not only financial growth but also developmental impact.