Foreign Investors Issue 3 Demands Before Giving Billions to Kenyan Governors

CoG Chairperson Anne Waiguru (third left) meets with Ambassadors and Investors on Monday, October 31, 2022.
CoG Chairperson Anne Waiguru (third left) meets with Ambassadors and Investors on Monday, October 31, 2022.
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The Council of Governors Chairperson Anne Waiguru has embarked on a project to upend the face of investments across the country.

On Monday, October 31, the Kirinyaga Governor called for the alignment of donor-funded projects and programs with the County Integrated Development Plans (CIDPs).

The alignment will be in line with demands by the investors who also sought to have mutual accountability of funding and ownership of programs by the benefiting communities.

She noted working together and aligning all development interventions would reduce duplication of efforts and build synergies for the transformation of the country.

Kirinyaga Governor Anne Waiguru addresses a roundtable meeting between governors and UN Deputy Secretary General Amina Mohammed.
Kirinyaga Governor Anne Waiguru addresses a roundtable meeting between governors and UN Deputy Secretary-General Amina Mohammed.
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“I call upon all development partners to plug into the process and ensure we plan and implement together," stated Waiguru.

The meeting was attended by ambassadors, high commissioners, mission representatives, country representatives, and development partners.

The Governor further explained that the deliberations will foster better coordination of the development programs in the respective counties recognizing the role that development partners play in bridging the budget deficit and supporting public investments that are aligned with the county development agenda.

“We are cognizant of the economic situation not just in the country but the globe at large.

"As the Kenya economy is recovering from the significant shocks experienced during the Covid-19 pandemic, we have again been hit by the severe drought that has greatly affected most parts of the country," she added.

Denmark's Ambassador to Kenya, Ole Thonke, emphasized on the need for taxpayers from the donor countries and receiving partner countries to see value for money in projects and the use of resources.

The COG under the leadership of Governor Waiguru has been meeting with development partners with the view of securing their support for the counties.

Expectations are high that out of the meetings, more and more counties will benefit from donor-funded projects and programs. Many are banking on her high-level experience in governance, especially at the National Treasury and the Ministry of Devolution and Planning,

At the National Treasury, Waiguru was in charge of automation of the national government fiscal management through the Integrated Financial Management Information System (IFMIS) that has since been cascaded to the 47 counties.

Kirinyaga governor and Chairperson of the Council of Governors Anne Waiguru at the two-day retreat held in Naivasha on Thursday October 13 2022
Kirinyaga governor and Chairperson of the Council of Governors Anne Waiguru (speaking) at the two-day retreat held in Naivasha on Thursday, October 13, 2022
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Anne Waiguru