Kenya takes off
The first National Water Financing Facility (NWFF), Kenya Pooled Water Fund (KPWF), has been initiated in Kenya with support of the Netherland Embassy in Nairobi, the Kenyan National Treasury, the Ministry of Water and Irrigation, the Water Sector Trust Fund, USAID, SIDA and SNV. The Kenyan NWFF has been incorporated with a Kenyan Board and senior staff members and expects the first pooled bond to be issued in 2019. The projects in first bond issuance will provide new services to aprox. 400,000 people of which 25% are living in designated Low Income Areas. We expect the Kenya NWFF to be able to plan similar bond issuances each year going forward.