Kenya Development Corporation (KDC): Empowering Economic Growth Through Strategic Development Finance (Kenya Development Corporation Careers )
Kenya Development Corporation Ltd (KDC) stands as a cornerstone of Kenya’s economic transformation journey. As a state-owned Development Finance Institution (DFI), KDC plays a pivotal role in driving the country’s progress and prosperity by supporting large-scale industrial ventures, infrastructure projects, and commercial enterprises across strategic sectors.
Formed on November 27, 2020, through the merger of Industrial and Commercial Development Corporation (ICDC), Tourism Finance Corporation (TFC), and IDB Capital Limited, KDC consolidates decades of financial expertise and sectoral focus to foster inclusive and sustainable development.
Kenya Development Corporation Careers list:
1. Driver
2. Legal Assistant
3. Supply Chain Management Assistant
4. Senior Communications Assistant
5. Accountants / Finance Officers
6. Legal Officer
7. Investment Officer
8. Partnership & Resource Mobilization Officer
9. Research Policy & Innovation Officer
10. Senior Portfolio Management Officer – Property Management
11. System Developer
12. Senior ICT Security Officer
13. Environmental Safeguards Expert (World Bank Projects)
APPLICATION LINK IS AT THE BOTTOM
UPDATED ON 12TH 2025
A Vision for Progress
At the heart of KDC lies a bold vision:
“To be the leading financial partner driving Kenya’s progress and prosperity.”
Its mission is equally ambitious—to promote sustainable economic development through tailored development finance, infrastructure funding, business support, and advisory services in key growth sectors.
Core Mandate and Strategic Focus
KDC’s mandate reflects its commitment to socio-economic transformation by offering medium and long-term financing, project-based funding, and technical support to enterprises that catalyze industrialization, job creation, and innovation.
Key Priority Sectors:
- Manufacturing
- Agriculture
- Tourism
- Real Estate
- Renewable Energy
What KDC Offers: Services That Matter
Debt Financing
KDC provides customized medium and long-term loans to support industrial and commercial development, enabling businesses to scale sustainably.
Equity Financing
The corporation invests directly in promising startups and enterprises, becoming a strategic shareholder and offering both capital and advisory input to unlock business potential.
Advisory Services
From strategy development to performance management, KDC’s business advisory services are designed to improve operational efficiency, growth, and competitiveness.
Partnerships and Resource Mobilization
KDC collaborates with development partners, including the World Bank and ZEP-RE, to access innovative financing mechanisms like green funds and climate resilience investments.
Flagship Programs and Initiatives
SAFER Initiative
The Supporting Access to Finance for Enterprises in Recovery (SAFER) initiative revolutionizes how Micro, Small, and Medium Enterprises (MSMEs) access capital—bridging the funding gap with favorable lending terms.
DRIVE Project
In partnership with the World Bank, the De-risking, Inclusion, and Value Enhancement (DRIVE) project targets pastoral communities, aiming to bolster climate resilience and increase value addition across livestock value chains.
Notable Achievements
- Empowered over 3,000 businesses through partnerships with the Kenya National Chamber of Commerce and Industry (KNCCI), issuing loans ranging from KSh 10 million to KSh 500 million.
- Enhanced dairy sector production via partnerships with Maziwa, the parent company of Pearl Dairies.
- Hosted international development forums, including engagements to boost manufacturing, exports, and Foreign Direct Investment (FDI).
Challenges on the Path to Growth
Despite its impactful initiatives, KDC faces significant hurdles. A 2024 audit revealed that KSh 33 billion of its KSh 39 billion loan book was unrecoverable, largely due to legacy debts. Many of these non-performing loans (NPLs)—some dating as far back as 1954—are tied to politically exposed entities.
In response, KDC has ramped up debt recovery efforts, targeting over KSh 31 billion in assets while maintaining its focus on providing new credit lines, especially for MSMEs.
Organizational Structure and Governance
Headquarters: Nairobi, Kenya
Directorates:
- Partnership Development and Resource Mobilization
- Strategy, Policy, and Corporate Performance
- Finance, HR, ICT and Corporate Communications
- Legal and Company Secretarial
KDC is led by a dynamic Board of Directors and an executive management team, with ongoing recruitment for key roles like Investment Officers, Legal Officers, Accountants, and support staff.
Core Values That Drive Impact
- Financing: Accessible, transformative capital for enterprises.
- Progress: Sustainable solutions that uplift communities.
- Prosperity: Creating wealth and opportunity across the economic spectrum.
Recent Developments and Upcoming Events
- Launched SAFER to improve access to SME financing.
- Hosting the AADFI General Assembly in Nairobi (May 26–28, 2024), focusing on unlocking green funding across Africa.
- Hiring for various roles, including legal, administrative, and logistics support (as of April 2025).
- Strengthening cross-border investment frameworks in sectors like dairy processing and agribusiness.
How to Connect with KDC
- Website: www.kdc.go.ke
- LinkedIn: Kenya Development Corporation – KDC_KE
- Location: Nairobi, Kenya – details available on their contact page
Kenya Development Corporation Careers Application & Final Thoughts
As Kenya continues its journey toward industrialization and economic transformation, institutions like the Kenya Development Corporation are instrumental in shaping the future. By empowering enterprises, enabling infrastructure development, and fostering sustainable financing, KDC reaffirms its role as a catalyst of growth and prosperity.
Whether you’re an investor, entrepreneur, policy maker, or development partner, KDC offers the financial tools, strategic insights, and partnerships needed to build a thriving future—not just for Kenya, but for the region at large.
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