KDC Receives The Greenlight For Sustainability Standards Certification

By /

NAIROBI, Kenya, Feb 2 -The Kenya Development Corporation (KDC) has been accepted into the Sustainable Standards and Certification Initiatives (SSCI) program by the European Organization for Sustainable Development.

KDC became the first Kenyan financial institution to receive a Certificate of Acceptance to commence the journey of achieving the highest level of sustainability certification under the Sustainability Standards and Certification Initiative (SSCI) program.

KDC was admitted into SSCI Program by the European Organisation for Sustainable Development (EOSD) during the World Development Finance Forum 2021, held in Karlsruhe, Germany on 3rd December 2021. The certificate was received on behalf of KDC by Kenya’s Ambassador to Germany H.E. Tom Amolo.

Commenting when he received the SSCI Certificate of Acceptance, KDC Interim Director General Christopher Huka said that the award is a demonstration of the Corporation’s strong commitment to influencing positive market transformation and leadership in sustainability.

“The SSCI Certificate of Acceptance is an acknowledgment and recognition of the commitment of Kenya Development Corporation to embark on a holistic sustainability journey with the aim of playing a key role in modernizing and transforming Kenya’s economy and driving sustainable national development leveraged on the 4th industrial revolution,” Mr. Huka said.

The Sustainability Standards & Certification Initiative (SSCI) is a global initiative for implementing and maintaining holistic, universally accepted, and executable across-the-board sustainability standards.

KDC is a member of the Association of African Development Finance Institutions (AADFI) which has partnered with the European Organization for Sustainable Development (EOSD) to enable African DFIs obtain sustainability standards certification.  The certification’s objectives are creation of strong and resilient financial institutions with capacity for efficient mobilization and deployment of funds for accelerating the sustainable development of national economies. 

The new Government-owned entity is projecting to grow financial support to SMEs from KSh 4.52 billion in 2021 to KSh 29.44 billion by June 2024.

×

Table of Contents

Scroll to Top

2026 AADFI Annual General Assembly

The Association of African Development Finance Institutions (AADFI) is pleased to announce that its 2026 Annual General Assembly will take place from May 24 to 29, 2026, in Brazzaville, Republic of Congo, on the sidelines of the African Development Bank (AfDB) Annual Meetings.

The Annual General Assembly will be held on the theme “Augmenting Sovereign Finance in Africa: DFIs Unlocking Growth and Resilience through NAFA,” with a focus on the transformative role of African Development Finance Institutions (DFIs) in strengthening Africa’s financial sovereignty. The discussions will align with the AfDB-led New African Financial Architecture (NAFA), a system-level framework designed to mobilize long-term investment, reduce Africa’s cost of capital, and reinforce resilience through coordinated financial systems and deeper domestic capital markets.

The Annual General Assembly will convene leaders of African DFIs, government officials, regional institutions, and development partners to further explore how African DFIs can catalyze local investment, de-risk strategic projects, and strengthen economic autonomy to build resilience against global shocks and bridge the continent’s infrastructure funding gap.

Further details will be shared in the coming weeks.

Close