August 22, 2025
Norfund is investing in Kinetic Holdings Limited (Kensta), a family-owned business and a leading manufacturer and distributor of stationery products, such as exercise books, across East Africa.
The investment will support the construction of a new production facility in Uganda dedicated to the manufacturing of sanitary pads.
This investment is expected to generate new employment opportunities and improve access to affordable period products for women and girls. In addition to delivering strong development impact, the investment is anticipated to yield a sustainable financial return.
“Lack of access to menstrual hygiene products prevent girls and women from attending school and participating equally in society alongside boys and men. Improving access to affordable products is an important contribution to gender equality. Furthermore, it is an investment that creates jobs which are crucial for poverty reduction,”
Minister of International Development Åsmund Aukrust.
Period poverty is widespread in Uganda, where many girls and women lack access to safe and affordable period products, causing them to miss out on school and work, and face social stigma and health challenges during menstruation.
“By investing in Kinetic Holdings, Norfund is helping scale a local solution to a widespread challenge, period poverty, that hinders education and dignity for millions of girls and women. Supporting the local manufacture of sanitary pads is a tangible step towards inclusive development and economic empowerment,”
Donald Muchiri Kariuki, Investment Manager at Norfund.
Kensta, a family-owned business with over 60 years of experience, has significantly expanded its manufacturing footprint since 2017. Leveraging its established vendor relationships and distribution networks for stationery products, the company plans to distribute sanitary pads efficiently across the region. With operations in Uganda, Kenya, and Tanzania, Kensta is well-positioned to meet the rising demand for hygiene products in East Africa.
“This investment marks a transformative chapter for our company. With Norfund’s involvement, we will accelerate our growth strategy, enhance our operational capabilities, and continue to provide exceptional service to our clients. We look forward to expanding our reach and impact in the regional market.”
