Kenya

The objective for the Independent Fiduciary Agency (IFA) is to support the 23 counties concerned with the implementation of infrastructure upgrading and socio-economic inclusion planning financed by the World Bank through Kenya Informal Settlement Improvement Project (KISIP2). The IFA is to enhance counties level of accountability and governance to safeguard the project funds. The specific role of the IFA is The objective of KISIP II is to “improve access to basic services and tenure security of residents in participating informal urban settlements and strengthening institutional capacity for slum upgrading in Kenya”. The State Department of Housing and Urban Development (SDHUD) and 23 select counties are implementing the project. It has four components that include Tenure Regularization and Infrastructure Upgrading, Socio-economic Inclusion, Institutional Capacity Development and Project Management and Coordination.

The objective for the Independent Fiduciary Agency (IFA) is to support the 23 counties concerned with the implementation of infrastructure upgrading and socio-economic inclusion planning financed by the World Bank through Kenya Informal Settlement Improvement Project (KISIP2). The IFA is to enhance counties level of accountability and governance to safeguard the project funds. The specific role of the IFA is twofold:

• to support the counties and institutions charged with the management of the social programs under this project, improve their financial management and procurement systems to reduce their fiduciary risks sustainably; and
• To continuously monitor and verify the implementation of the projects to ensure that prudence and due processes are followed throughout the tenure of this project for accountability and value for money.