Kenya seeks private investors to fund 61 per cent of Sh598bn irrigation plan
Business
By
David Njaaga
| Oct 06, 2026
Kenya is seeking private-sector financing for 61 per cent of its Sh598 billion irrigation plan as it targets more than 1.5 million irrigated acres by 2035.
The plan, known as the National Irrigation Sector Investment Plan (NISIP) 2025–2035, seeks to expand irrigation as the Government works to strengthen food security and reduce reliance on rain-fed agriculture.
The Government made the call during the Eastern and Southern Africa Private Sector Forum on Irrigation 2026 held in Nairobi on October 5–6.
The financing drive targets commercial banks, development partners, irrigation equipment suppliers, agribusinesses and other private-sector players.
The Government is also working with the World Bank and International Finance Corporation (IFC) through the Kenya Climate Resilient Irrigation Scale-Up (K-RISE) programme.
READ MORE
Kenyans can now buy into Dangote's Sh207 billion IPO after CMA nod
IFC backs Quickmart IPO with Sh1.9bn investor commitment
Risks of Kenya's off-book debt as State ramps up securitisation drive
How State blunders cost Kwale decade-long titanium boom
Coffee societies net Sh41 billion in one year
AfDB, Family Bank sign Sh1.297b trade deal to support Kenyan businesses
Kenya's energy transition will be won at the last mile
Kenya's public finance reforms stir regional interest
Reserves don't deliver energy; infrastructure does
Private sector lending drags as banks lean on State securities
K-RISE includes financing mechanisms intended to reduce barriers that have limited investment and lending in irrigation.
The irrigation plan targets more than 1.5 million acres as Kenya seeks to increase agricultural production, strengthen climate resilience and improve food security.
The Government also links increased irrigation investment to job creation, farmer incomes and wider market access.
The forum brought together government representatives and private-sector stakeholders from Eastern and Southern Africa to discuss barriers, risks and market failures affecting investment in irrigation.
The push for private capital comes as the Government seeks to shift irrigation from reliance on public funding towards greater participation by investors and businesses.
The plan requires investment from multiple sectors, including finance, agriculture, irrigation technology and equipment supply, to meet its 2035 target.
The forum also sought to position irrigation as an investment opportunity while addressing the risks that have discouraged private financing of agricultural water infrastructure.