Eastern Province
Kenya
North Eastern Province
Nyanza Province
Rift Valley Province
Sector
Agriculture & Agri-processing
Local and foreign investors with a good track record in clean energy production have the opportunity to invest in Kenya's bio-fuels industry.
Investment Opportunity
Bio-energy is currently the focus of attention due to dwindling global resources of fossil fuels and rising prices. Their potential to mitigate climate change also adds to their attractiveness.
Jatropha, a plant grown in arid and semi-arid lands is seen as the best source of bio-diesel across Kenya.
Kenya's fuel consumption stood at 1.4 and 3.3 million litres of petrol and automotive diesel respectively per day in 2006 with an average growth rate of 2.8% per year. Projections indicate that Kenya will require 2.7 and 6.5 million litres of petrol and automotive diesel respectively per day by 2030.
Currently, Kenya would require 77 million litres of ethanol per year for a national 10% (E10) blend at current consumption levels. This will need to grow to 148 million litres by 2030. A national B2 would require about 28 million litres of bio-diesel at current consumption levels and would be required to grow to 50 million litres by 2030.
Opportunities in production and processing of Jatropha and sweet sorghum into bio-fuels exist in Galana and other areas of the country such as the Eastern, North Eastern, Rift Valley and Nyanza Provinces. In addition, consultancy opportunities exist in research work and capacity building in bio-technology and related industrial potential for the production of bio-fuel.
Contact Details Investors interested in this opportunity should contact the Kenya Investment Authority at info@investmentkenya.com
