The Kenya Climate Innovation Center (CIC), a new business hub to advance African climate technology businesses, has been established in Nairobi.
The cutting-edge facility will provide advice and financial services to a growing network of locally-owned small and medium-sized businesses, to help them harness the potential of green technologies in the African region.
Over its first five years, the centre is expected to support up to 70 sustainable climate technology enterprises, with the goal of generating over 24,000 jobs within 10 years.
The centre will work to reduce greenhouse gas emissions as well as assisting firms embrace renewable energy and apply green practices in agriculture.
Located on the grounds of the Strathmore Business School off Langata Road, the centre is supported by the World Bank in partnership with the Danish government and Britain’s UKAid.