(From left) KIE Managing Director Nelson Kwamini, MSME Development PS Susan Auma Mang'eni, and Sidian Bank CEO John Okulo hold up signed documents following the execution of a strategic MoU. PHOTO| Sidian Bank Facebook page

KIE, Sidian Bank sign MoU to widen MSMEs finance access

Partnership creates a pathway for businesses moving beyond KIE support MSMEs to gain access to financing and business development support Focus targets growth in manufacturing and value addition enterprises Kenya Industrial Estates and Sidian Bank have signed a deal widening commercial finance access for manufacturing and value addition firms in Kenya. The Memorandum of Understanding…

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Ruto bars raw material exports, pushes local value addition

Ruto orders an end to raw material exports as Kenya prioritises local processing. The policy targets more jobs, manufacturing and wealth retention. Kenya faces the challenge of building competitive processing capacity locally. President William Ruto has declared that Kenya will no longer export raw materials for processing abroad, signalling a major shift in the country’s…

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