President Ruto while launching the NYOTA tranche II at Ulinzi Sports Complex on July 10, 2026. photo/Courtesy

NYOTA project launches mentorship for youth beneficiaries

NYOTA mentorship starts August 10 for 122,000 youth beneficiaries. More than 4,879 mentors will provide business coaching and market support. Government is preparing financing, AGPO training and apprenticeship opportunities The government has scheduled a fresh round of mentorship sessions for National Youth Opportunities Towards Advancement (NYOTA) Project beneficiaries beginning August 10, with more than 4,879…

Read More

Trade finance crisis threatening Kenya’s farmers, co-operatives

Kenya’s agricultural export ambitions are facing a major financial hurdle as thousands of farmers, cooperatives and micro, small and medium enterprises (MSMEs) struggle to access affordable capital needed to take advantage of growing international demand. Despite the country’s strong agricultural base and expanding opportunities in overseas markets, many producers and small businesses remain unable to…

Read More

Trade finance access widens for Kenyan farmers, traders

KNCCI and Co-operative Bank have expanded trade finance for farmers, cooperatives and MSMEs. The partnership will support export financing, market access and business growth. Plans are underway to scale financing to Ksh5 billion. Limited access to affordable trade finance continues to prevent thousands of Kenyan farmers, cooperatives and micro, small and medium enterprises (MSMEs) from…

Read More

Siaya youth groups receive machinery in MSEA empowerment drive

MSEA issued machinery to 15 youth groups in Siaya County to boost youth enterprises, employment and incomes through an economic empowerment programme. Beneficiaries received equipment including welding machines, sewing machines, motorcycles, salon kits, car wash machines and other business tools to support enterprise growth. Youth were urged to apply for the Kenya Jobs and Economic…

Read More
Co-operatives and Micro, Small and Medium Enterprises (MSMEs) Development Cabinet Secretary Wycliffe Oparanya speaking during the official opening of the 2026 Food and Agriculture Organization (FAO) Hand in Hand Local Private Sector Investment Forum in Nairobi on Thursday, July 30. Photo/courtesy

Oparanya calls for action on coffee sector reforms

CS Wycliffe Oparanya urged investors and cooperatives to act on coffee sector reforms to revive Kenya’s coffee industry. The government has disbursed over KSh6 billion through the Coffee Cherry Advance Revolving Fund to support smallholder farmers. Oparanya said the Cooperative Societies Bill and other reforms will strengthen governance and boost the sector’s recovery. Cooperatives and…

Read More
KCB Bank Kenya MD Annastacia Kimtai (left) and European Bank for Reconstruction & Development (EBRD) Director for Sub-Saharan Africa Dr. Heike Harmgart (right) pose during the signing of a KSh 12.9 billion financing facility in Nairobi. Photo/ KCB Bank

KCB secures Ksh12.9bn EBRD funding for SME lending

KCB Bank Kenya has secured Ksh12.9 billion (US$100 million) from the European Bank for Reconstruction and Development to expand MSME lending. Women and youth owned businesses will receive 35 per cent of the funding, while 30 per cent will support green investments. The facility will also provide technical assistance to strengthen KCB’s green financing and…

Read More

EBC warns Kenya’s Ksh995.7B domestic borrowing plan could tighten credit for small businesses

EBC warns Kenya’s Ksh 995.7 billion domestic borrowing plan could push banks towards government securities, tightening credit terms for small businesses. The brokerage says increased demand for government debt may lead to stricter collateral requirements, shorter repayment periods and reduced lending flexibility for MSMEs. Despite private sector credit growth, EBC cautions that smaller businesses may…

Read More

Gov’t payment delays push Kenyan SMEs to alternative financing

Government pending bills rose to Ksh 465.87 billion by March 2026, worsening cash flow challenges for SMEs supplying public institutions. Delayed payments are forcing many SMEs to rely on trade finance and short term borrowing to meet payroll, pay suppliers and sustain operations. Kenya’s rising government pending bills are pushing small and medium-sized enterprises (SMEs)…

Read More
Don`t copy text!