Cooperatives, Micro, Small and Medium Enterprises CS Wycliffe Oparanya handing over the Uwezo Fund and Youth Development Fund to groups in Lugari constituency-Photo|Hilda Atika

Government releases KSh13.6 million Uwezo Fund and KSh10.2 million Youth Fund to groups in Lugari

The Ministry of Cooperatives, Micro, Small and Medium Enterprises (MSME) has disbursed KSh13.6 million under the Uwezo Fund and KSh10.2 million from the Youth Development Fund to women, youth, and Persons with Disabilities (PWDs) in Lugari constituency. Presiding over the issuance of cheques at Chevaywa Vocational and Training Centre, Cabinet Secretary Wycliffe Oparanya urged beneficiaries…

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Make-up By Rose CEO Rose Ntongondu addressing journalists in Nairobi

Women-led enterprises driving innovation and economic growth across Kenya

Women are increasingly taking the reins of entrepreneurship, driving innovation and economic growth in the country. Globally, according to the World Bank, one-third of businesses worldwide have a woman among their principal owners. This number is steadily rising, with the number of startups with female founders doubling globally. Studies also suggest that women-led businesses are…

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The Micro Enterprises Support Programme Trust (MESPT) CEO Rebecca Amukhoye

MESPT launches Ksh 7.2 billion plan to boost financing for farmers, MSMEs by 2030

The Micro Enterprises Support Programme Trust (MESPT) officially launched its 2026–2030 Strategic Plan, bringing together key stakeholders committed to transforming Kenya’s agricultural and micro, small and medium enterprise (MSME) landscape, as the organisation moves to address deepening gaps in credit access, market linkages and climate resilience. The plan was unveiled at a stakeholder forum in…

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Mobile Money agent
The image showing a person withdrawing money from an MPESA mobile money agent shop. Photo courtesy

Mobile money agent transactions hit 3-year low amid rising living costs

Kenyans are cutting back on the use of mobile money agents, with transaction values dropping to their lowest level in nearly three years as households grapple with rising living costs and shrinking disposable incomes. According to data from the Kenya National Bureau of Statistics (KNBS), the total value of transactions handled by telco and bank-linked…

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Kenya’s financial sector is set for a significant transformation as regulators introduce a framework aimed at reshaping how banks, fintech firms, and SACCOs assess and issue loans.

Kenya tightens lending rules in sweeping credit sector overhaul

Kenya’s financial sector is set for a significant transformation as regulators introduce a framework aimed at reshaping how banks, fintech firms, and Savings and Credit Cooperatives (SACCOs) assess and issue loans. The proposed reforms seek to tighten lending standards, curb rising household debt, and introduce structured support mechanisms for borrowers struggling with repayments. Shift in…

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MSMEs Principal Secretary Susan Mang’eni speaking during a past event. File photo

Gov’t rolls out second phase of NYOTA youth entrepreneurship training

The government has officially kicked off the nationwide rollout of the second phase of classroom business skills training under the National Youth Opportunities Towards Advancement (NYOTA) Project, marking a major step in its effort to empower youth entrepreneurs across the country. The training, which began on April 20, Monday morning, is being conducted simultaneously in…

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Kenneth Mutahi (center), CEO of Kenya National Chamber of Commerce and Industry speaking during a previous press briefing-Photo|Courtesy

KNCCI urges targeted support as rising fuel costs hit transport, SMEs and export sectors

The Kenya National Chamber of Commerce and Industry (KNCCI) has sounded the alarm over escalating fuel and logistics costs, warning that the burden is already weighing heavily on transport operators, small and medium-sized enterprises (SMEs), and export sectors. In a statement, the chamber noted that the latest surge in fuel-related expenses is driving up food…

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Kakamega Governor Fernandes Barasa addressing residents recently.
Kakamega Governor Fernandes Barasa addressing residents recently. File image

Kakamega women, youth benefit as County disburses Ksh 12 Million to boost income generating projects 

Women self-help groups and youth from Kakamega County are smiling after the County Government of Kakamega has disbursed Ksh 12 Million to help them boost their income generating projects. According to the County, 120 groups of the County Youth Service and Women Empowerment  Programme (CYSWEP) in all the 60 wards and each ward which has two registered…

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Munyiri Africa Foundation founder Bishop David Thagana addressing the press. Photo by John Majau

Boost for SMEs as Foundation advances entrepreneurship, financial literacy training

The Small and Medium Enterprises (SMEs) in the country have received a major boost after  Munyiri Africa Foundation scaled up entrepreneurship and Financial Literacy training, and also  providing seed capital to help them grow. According to the organisers, the programme is aimed at mentoring and imparting relevant knowledge and skills to the youth which will help…

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MSEA CEO Mwenda Rithaa.
MSEA CEO Mwenda Rithaa (l) alongside other officials during the training forum in Mjini Slum. Photo by John Majau

Meru slum women to benefit from Juakali machines as MSEA expands grassroot support

Women from Mjini informal settlement in Meru are set to acquire business equipment under the government’s Bottom-Up Economic Transformation Agenda after undergoing training on how to access enterprise funding through the Micro and Small Enterprises Authority (MSEA). The women, organised in more than 30 table-banking groups, said they are preparing to benefit from machines such…

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