KAM CEO’s Brief | 28th April 2017
AFD, KAM provide Green Energy Financing in East Africa
Agence Française de Développement (AFD) in partnership with Kenya Association of Manufacturers (KAM) held a high level workshop on Sustainable Use of Natural Resources and Energy Finance Programme (SUNREF) East Africa on 28th April 2017 to discuss among other things, the opportunities and challenges of SUNREF since its inception in Kenya in 2011.
The SUNREF East Africa programme, hosted by Kenya Association of Manufacturers, promotes the development of a low carbon economy in the region by financing the renewable energy and energy efficiency solutions in the private sector.
Speaking at the event, Central Bank of Kenya Governor, Dr. Patrick Njoroge reiterated the importance of the financial sector in promoting green investments and urged Kenyan banks to play an active part in promoting the development of a green economy. “The ongoing success of AFD’s SUNREF programme should be an eye-opener for Kenyan banks to diversify into green energy financing because of the growth potential in the renewable energy and energy efficiency sectors,” said Dr. Njoroge.
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KAM Chairlady to serve at KEPSA Board
The Kenya Private Sector Alliance held its 13th AGM on 27th April 2017. The agenda for the meeting was to brief the stakeholders on the current position of the organization, review the current financial position of the organization, appointment of new board members and leaders for the various sector boards.
The board received new members with former KEPSA Vice-Chairman Mr. Nicholas Nesbitt appointed as the new KEPSA Chairman while KAM Director, Ms. Rita Kavashe was appointed the new Vice-Chair.
In addition, KAM Chairlady, Ms. Flora Mutahi was appointed to replace Mr. Pradeep Paunrana as a Director in the KEPSA Board while KAM CEO, Phyllis Wakiaga is to serve as Chair of KEPSA’s Industrialization & Enterprise Development sector.
Kenya Power meets KAM Uasin Gishu Chapter Members
Kenya Power met Uasin Gishu Chapter Members forum from 11 – 13 April 2017. KAM Team was led by the Chapter Chairman, Mr. Bryan Cuthbert Jr. while Kenya Power team was led by the Regional Manager, Network connectivity, Eng. David Tare.
Among the power issues discussed include: Power Rationing, Power Fluctuations, Issuance of a dedicated power line, Erroneous Bills and Quality of Supply among others.
The purpose the meeting was to enable KAM members to interact with Kenya Power staff and get to share their power concerns aimed at providing long term energy solutions.
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KAM Nyanza/Western Chapter Membership Visit
KAM carried out a membership visit on the 12th – 13th of April to Finalys and KTDA in Kericho. Among key issues discussed include plastic bags ban.
Among other companies visited include: Rai Cement, Kaolin Crowners Company Ltd, Pabari Enterprises Ltd, Tiji Chemicals Ea Ltd and Western Deluxe Flour Millers Ltd.
For more information contact: Rose.Okoth@kam.co.ke
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