Elgeyo Marakwet, Mandera, and Marsabit counties in Northern Kenya present vast investment opportunities that could catalyze development in marginalized areas.
A study by Interpeace highlights these regions’ rich potential in sectors like agriculture, livestock, fisheries, infrastructure, renewable energy, and tourism.
Ms. Teresia Mbaika, Principal Secretary for Devolution, highlighted that peace-responsive investments address conflict drivers, strengthen social cohesion, and make investments more sustainable.
The success of Peace Finance requires a comprehensive approach that includes peace and climate-responsive strategies, engaging local communities, leaders, and international partners to support infrastructure financing through peacebuilding efforts.
“A nexus exists between peace, development and investment. Without peace, there cannot be development and without development, there can be no peace. Through peace positive investments, it is possible to transform Northern Kenya into a progressive peace investment region,” she said.
Ambassador Amina Mohammed, Member of the Interpeace Governing Board, highlighted the importance of inclusive investment strategies, noting that by integrating peace efforts into investment frameworks.
The counties can mitigate risks, enhance returns, and contribute significantly to a peaceful and prosperous Northern Kenya.
With strategic public-private partnerships, peace-positive investments can help mitigate conflict, enhance social cohesion, and unlock the region’s economic potential.
The initiative calls for inclusive investment frameworks that integrate peace building to foster long-term stability and development in the region.
