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Kenya enters into partnership with Ethiopia for thermal power generation

The Ministry of Energy, through Kengen, has entered into partnership with Ethiopia for the company to drill and supply energy as part of Kenya’s investment across the border.

The Cabinet Secretary for Energy Mr Charles Keter, while speaking in Kericho yesterday said that they have also signed contracts with the Djibouti government for the same purpose and implementation will also be pioneered by Kengen.

The Energy CS disclosed that the Democratic Republic of Congo DRC and Rwanda will be next and a team has already been sent to work out modalities of signing similar contracts. He said that the partnership projects are set to bring revenue to the Kenyan government.

Keter disclosed this when he led the board of directors, management, delegates and members of a local cooperative, Imarisha Sacco to officially open the new Imarisha Sacco services office named ‘Customer Experience Centre’ in Kericho KEBO Plaza.

The Customer Experience Centre will ensure that members access all back office services including loan processing and account opening easily. People in the diaspora have also invested with the Sacco thus the Sacco has established a twenty-four-hour call service centre to enable easy communication between the diaspora members and the Sacco.

Mr Keter encouraged the Sacco, that has 10 branches in seven counties to continue reaching out in bigger cities in order to broaden its connections outside the country.

The energy CS commended the Sacco for attaining a capital asset base of 14.1 billion and lending loans worth 11 million to its over 100,000 members. He also noted the Sacco has top notch facilities to offer high quality services.

Mr Matthew Ruto, the Sacco’s chairman, said that the Sacco in its 2021 – 2024 strategic plan intends to create marketing outlets in Nairobi, Nakuru and Kisumu. This will increase the Sacco’s number of outlets and thus create awareness of its existence to the public.

The CEO of Imarisha Sacco, Mr Matthew Rotich said that most of the Sacco’s members from diaspora are from the United States of America.

He added that these members also help the Sacco in advertising their products and services out abroad.

“We have a branch network of ten branches expanding across seven counties namely Kericho, Bomet, Narok, Nakuru, Kisumu, Nandi and Uasin Gishu,” said Ruto. He also said that their immediate plan is to open a branch in Nairobi.

By Dominic Cheres/Waweru/Mwangi/King’ori

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