The Government of Kenya, through the Kenya Development Corporation (KDC), has issued a notice inviting applications from businesses seeking financing in the pharmaceutical manufacturing sector.
According to the notice issued in October by the KDC director general, the financing targets companies that aim to establish or expand scalable and impactful projects in pharmaceutical manufacturing, including medical equipment and devices.
“KDC invites applications from eligible businesses seeking financing to establish or expand scalable and impactful projects in pharmaceutical manufacturing,” read part of the KDC notice.
KDC Financing Options and Eligible Applicants
As outlined in the notice, the state corporation will provide financing through equity or debt instruments.
The notice specifies that equity financing will involve minority participation in qualifying companies, while debt financing will be available as long-term loans for eligible projects.
The KDC notice states that both local and international investors may apply.
“Applications are invited from local and international investors,” the notice highlighted.
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Applicants should be planning to set up or expand pharmaceutical production in line with national and regional health sector priorities.
Other factors highlighted include:
- Technical feasibility, financial and commercial viability
- Social economic impact
- Commitment to Environmental and Social Governance and sustainable production practices
- Sound governance and institutional capacity to implement the project
- Solid market share or potential
- Alignment with national and regional health sector priorities
How to Apply
The notice clearly instructs that all applications will be done online via the KDC website.
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Steps to Apply:
- Visit the KDC Website: Go to https://kdc.go.ke.
- Create an Account: Register as a new user if you do not already have an account.
- Access the Application Portal: Navigate to the “Products and Services” section to find the financing application.
- Upload Required Documents: Follow the instructions to upload all necessary documents as listed in the KDC checklist.
- Submit Online: Ensure all information and documents are complete, then submit your application through the online portal.
Interested applicants are required to create an account, follow the instructions, and upload all required documents.
Further, the notice states that hard copy submissions will not be accepted.
The application window, according to the notice, is open for 30 working days, from 21st October to 1st December 2025.
“The online loan application will be open for 30 working days, commencing from 21st October 2025 to 1st December 2025,” the notice emphasized.
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