Sacco Review

Kenya secures KSh7.8 billion development package from Germany

Kenya has secured a KSh7.8 billion development cooperation package from Germany to support key economic programmes over the 2026 – 2028 period, strengthening the long-standing partnership between the two countries. The funding was announced after the Kenya- Germany biennial government-to-government development cooperation negotiations held in berlin, where both governments reaffirmed their commitment to expanding economic…

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PS, Jonathan Mueke (4th left) with leaders from FINAS Summit 2026 during the launch of NASIP 2026-2030 at KICC-Photo|Courtesy

Kenya launches KSh1.081 trillion plan to transform agriculture sector

Kenya has unveiled a KSh1.081 trillion National Agri-food Systems Investment Plan (NASIP), a bold five-year blueprint designed to modernize agriculture, strengthen food security, and drive rural economic growth, covering the period 2026 to 2030. The plan was officially launched during the opening of the Financing Agri Food Systems Sustainably (FINAS) Summit in Nairobi, marking a…

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A trader at the Gikomba market, Nairobi-Photo|Courtesy

93% of women traders in Kenya lack formal business training, survey finds

A new survey has revealed that the majority of women traders in Kenya have never received formal business or enterprise development training, limiting the growth and sustainability of their businesses. The research, conducted by social enterprise WOW MOM Kenya with support from the International Development Research Centre (IDRC), found that 93 per cent of women…

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Parents turn to Saccos as fees top household budget priorities

Education loans surged by 27.1% in Q1 2026, reaching KSh24.81 billion, making school fees the second-largest reason for Sacco borrowing after land and housing. Parents increasingly prefer SACCOs for financing education, attracted by lower interest rates and flexible repayment plans compared to commercial banks. Parents are increasingly relying on Savings and Credit Cooperatives (Saccos) to…

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Healthcare loans drive fastest growth in SACCO lending, outpacing housing and education

Healthcare loans recorded the fastest growth among SACCO lending categories, rising 31.03% year-on-year to KSh2.79 billion in March 2026. Overall SACCO lending expanded by 16.23% to KSh115.73 billion, with land and housing remaining the largest recipients, followed by education. Healthcare-related borrowing has emerged as the fastest-growing loan category among Savings and Credit Cooperative Societies (SACCOs)…

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PS Njogu launches ‘Kazi Majuu’ football tournament to empower youth

Diaspora Affairs Principal Secretary Rosalyn Njogu has unveiled a football tournament dubbed Kazi Majuu, aimed at sensitizing young people on job opportunities available both locally and abroad. Speaking at Mitooni Primary School in Buuri Constituency, Meru County, Njogu said the government is committed to ensuring youth are informed about employment prospects, noting that more than…

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Rice production to surge as Bunyala Irrigation Project reaches 62 pc completion

Kenya’s drive to enhance food production and strengthen national food security is set to gain momentum, with the expansion of the Bunyala Irrigation Scheme under the Lower Nzoia Irrigation Project now 62 per cent complete. Principal Secretary for Internal Security and National Administration Raymond Omollo said the government is making significant investments in production agriculture,…

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Matungulu West Ward MCA Raphael Nzau, speaking during a previous event-Photo|Courtesy

Matungulu MCA urges boda boda riders to pursue technical training

Matungulu West Ward MCA Raphael Nzau, has encouraged boda boda operators in Machakos County to enrol in technical and vocational training institutions, saying additional skills will secure their future beyond motorcycle transport. Addressing riders in the Koma area, Nzau urged them to take advantage of nearby technical institutes and invest part of their earnings in…

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CBK partners with Clearstream to attract foreign investment in gov’t securities

The Central Bank of Kenya (CBK) has introduced a new trading link that will allow international investors to participate in the country’s government securities market, a move expected to boost liquidity and expand foreign investment. In a statement issued on June 25, CBK confirmed that Luxembourg-based Clearstream has connected to Kenya’s Government Central Securities Depository…

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Mr Costa Malai(right) one of the founder members of TATABA with banana farmers in Taveta

‎Taita-Taveta banana SACCO empowering farmers to reap huge returns from the popular crop

‎A Taita-Taveta cooperative society has taken the bold initiative of empowering banana farmers in order to boost their economic status. The Taita-Taveta Banana Farmers Cooperative Society(TATABA) is a farmers-owned cooperative dedicated to improving the livelihoods of banana farmers through production support, aggregation, value addition and market access. With more than 800 active members and still…

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