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Figure 2-8 – Bungoma County GCP breakdown, 2017
The County is characterised by higher Gross Value Added (GVA) shares in the public service sector than across the economic bloc and nationally. Bungoma contributes more output in the education sector than any other county in Kenya. However, Bungoma County has lower shares of GVA in the generally higher productivity sectors of mining and utilities, manufacturing, construction and logistics, and technical services.
Bungoma County has a unique network of district, local and neighbourhood centres that offer a wide range of shops, services and community facilities. The smaller centres provide neighbourhood hubs, and the larger centres in particular the Bungoma Municipality, has good provision of key supporting services including a number of banks, micro-finance institutions and mobile money transfer services. Financial institutions play an important role in enabling capital mobilization, hence, promoting economic growth and availing financial services to society. However, despite this strong presence of supporting services, business consultations found that it was particularly difficult for smaller businesses to access affordable loans and funds.
Figure 2-8 – Bungoma County GCP breakdown, 2017
Source: KNBS, Gross County Product Report (2019)