3rd November 2026: EADB had the pleasure of participating in the opening of the Kenya Industrialization Summit, themed “Driving Industrial Growth through Investment, Manufacturing, Trade, Innovation and Sustainable Financing,” by Kenya Association of Manufacturers and the Kenya Ministry of Industrialization, Trade & Enterprise Development where key stakeholders came together to explore strategies for accelerating industrialization across Kenya and the region.
Representing the Bank at the official opening of the summit, Angela Muga, Country Office Kenya Country Manager, highlighted EADB’s role in accelerating manufacturing growth and supporting industrialization across the region. She noted that the summit aligns with EADB's strategy of supporting manufacturing through tailored financing and structured solutions that address the needs of businesses. As a regional development finance institution, EADB works with manufacturers to diagnose business needs, develop bankable solutions and strengthen their capacity to scale. She further emphasised the Bank's role in supporting manufacturing enterprises seeking to expand beyond national borders and access regional markets. By providing solutions that unlock investment, improve business performance and support expansion.
During his remarks, KAM Chief Executive Tobias Alando and one of the Bank's key partners, emphasized that growing Kenya's manufacturing sector requires not only consumer support but also policies and partnerships that attract investment and strengthen enterprise competitiveness.
The discussions also reinforced the critical importance of affordable, long-term financing in advancing industrial development. In his remarks, guest of honor, Cabinet Secretary Ministry of Investments, Trade and Industry, Hon. Lee Kinyanjui, emphasized that sustainable economic development cannot be achieved without industrialization and urged greater support for locally manufactured products to create jobs and strengthen domestic industries.
He further called for stronger collaboration between Government and financial institutions to develop financing solutions suited to the needs of manufacturers, noting that long-term capital is essential for businesses seeking to invest, expand, and compete effectively.
As the region's development finance institution, EADB remains committed to enabling manufacturers to unlock growth opportunities across the East African region.
