Today, the Public Private Partnerships (PPP) Directorate signed a funding agreement with the Kenya Space Agency (KSA), marking the onboarding of a Transaction Advisor and the commencement of detailed project preparation activities for Kenya’s proposed Commercial Spaceport to be located in the coastal region. The agreement was signed by KSA Director General Maj Gen Hillary Kipkosgey and Director General PPP Directorate Eng. Kefa Seda. The global space sector has experienced significant growth, driven by increasing activity by governmental, intergovernmental, non-governmental and private-sector players in satellite development, deployment and launch services. This growth presents significant opportunity based on Kenya’s location along the equator and its east-facing coastline provide significant geographic advantages for launch operations, including the potential for more efficient launch trajectories. These advantages are complemented by ongoing investments in enabling infrastructure in the coastal region, including roads, water, energy and port infrastructure. The Transaction Advisor will undertake detailed technical feasibility assessments and commercial and financial analysis to support the development of a robust and bankable project structure. The advisory work will also inform the competitive selection of a private-sector partner, while ensuring value for money and protection of the public interest. The spaceport is expected to drive industrialization, create jobs, and generate positive socio-economic impacts, including development of auxiliary space related infrastructure and light manufacturing. The project is also expected to open a new revenue stream for Government through revenue-share mechanisms for the developed commercially viable launching site. KSA is committed to timely completion of the feasibility studies to pave way for the construction of the commercial spaceport.The critical infrastructure will contribute to national space capability development and growth of the nation’s space economy.