Implementing Partner for USAID's Kenya Investment Mechanism
The Palladium Group appointed Lattice Consulting as its implementing partner in providing technical assistance and capacity-building services to The Kenya Investment Mechanisms (KIM). KIM is a five-year USAID project that is facilitating $520 million in investment for key sectors of Kenya’s economy, including agriculture, and for regional trade and investment opportunities under the Prosper Africa initiative. The project supports the mobilization of private investment and accelerates enterprise-driven development.
THINk, PLAN & EXECUTE WITH LATTICE
We have been involved in the following:
- Unlocking finance across 14 value chains in Kenya. To date, $563 million has been mobilized and unlocked
- Building Capacity in local banks, financial institutions, and investment firms. Working with local financial institutions, Lattice has trained over 3,000 bankers on three agriculture value chains (dairy, horticulture, and livestock), Water and Sanitation, and Health. Through this trainings, financial institutions have been able to unlock over $400 million in the financing
- Building capacity for Business Advisory Services Providers (BASPs). Lattice supported the delivery of select trainings to BASPs and other KIM partners. These trainings focused on SME lending/investing, new product development, gender mainstreaming, and utilization of DFC guarantees and other risk-mitigation tools
- Building capacity for county governments. Lattice provided training on value chain finance to county governments drawn from the 14 counties identified by USAID as the Feed the Future (FtF) counties drawn from the Western Region (Homa Bay, Migori, Kisumu, Siaya, Bungoma, Busia, and Vihiga). The training focused on familiarizing the county governments with the workings of different value chains, identifying investment and financing opportunities along the value chains, developing innovative ways of engaging private investment players, and structuring public/private partnerships with investors