Devolution forum an eye-opener for Sacco opportunities in counties

In the picturesque green hills of Homa Bay County, washed by the cool breeze of Lake Victoria, the country last month converged for the 13th  edition of the devolution conference. Governors, especially from counties that are rich in agriculture, hailed devolution as a game-changer in powering the agricultural sector and creating employment most prominently in…

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Deputy President Kithure Kindiki during the women empowerment forum in Tharaka Nithi/photo by John Majau

DP Kindiki reaffirms government’s effort to uplift small scale women traders in the country

Deputy President Kithure Kindiki has reaffirmed that  the government’s  is committed to uplifting women small scale traders by  offering them financial grants and construction of modern markets across the country. Addressing over 5000 women at his Irunduni home in Tharaka Nithi County, the DP said the government’s ongoing economic empowerment initiatives are part of the Bottom-Up…

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MSEA in partnership with SNV business policy awareness forums./photo courtesy

MSEA in partnership with SNV hold business policy awareness forums in Nakuru

Micro and Small Enterprises Authority (MSEA) in partnership with Netherlands Development Organization (SNV) through the Investing in Young Businesses in Africa (IYBA-SEED) project has conducted the third phase of the Business Policy Awareness Forums. The forum engaged Micro, Small, and Medium Enterprises (MSMEs) in Nakuru County on key policy issues, including the MSME Policy, the…

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Central Bank of Kenya offices/photo file

MSMEs lending shrinks as High Credit Costs and Collateral demands bite

Kenya’s micro, small, and medium-sized enterprises (MSMEs) are facing a credit crunch, with loan approvals dropping by 13 per cent over two years due to rising interest rates and rigid collateral requirements. This is according to the Central Bank of Kenya’s (CBK) 2024 Survey Report on MSME Access to Bank Credit, released in June 2025….

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President William Samoei Ruto with CS Wyclliffe Oparanya during the commemoration of World MSMEs Day 2025 at Kenyatta International Conference Centre, Nairobi./photo courtesy

President Ruto leads celebrations of World MSMEs Day 2025, says MSMEs are engines of economic growth

President William Samoei Ruto has led the country in commemorating World MSMEs Day 2025 at Kenyatta International Conference Centre, Nairobi. Ruto said Small enterprises are the engines of economic growth since they drive innovation and but also support livelihoods adding that the sector creates the largest number of jobs and generates earnings for young people and…

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MSMEs Principal Secretary Susan Auma Mang’eni/photo courtesy

PS Mang’eni denies hustler funds misuse, Kshs 8 billion withdrawal from treasury  

The State Department for Micro, Small and Medium Enterprises (MSMEs) Principal Secretary Susan Mang’eni has defended the Ksh8 billion allocated for the Financial Inclusion Fund (Hustler Fund) savings support, insisting it was never withdrawn from the National Treasury. In a statement on Thursday the PS stated that the initial capitalization of the Fund was Ksh20.2…

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Kisumu Deputy Governor Dr. Mathew Owili/photo file

Kisumu County to sets up various interventions to empower SMEs; Deputy Governor reveals

Kisumu Deputy Governor Dr. Mathew Owili has said the county government has reaffirmed its commitment to empowering Micro, Small and Medium Enterprises (MSMEs) through a range of targeted interventions. Owili said the move is aimed at enhancing competitiveness, unlocking growth opportunities, and positioning local businesses for regional and global markets. MSMEs, he said, play a…

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CS Oparanya distributes free coffee seedling to Vihiga Coffee farmers to revive coffee farming in the County

Cabinet Secretary for Cooperatives and Micro, Small, and Medium Enterprises (MSMEs) Development, Wickliffe Oparanya yesterday distributed coffee seedlings in Vihiga County in an effort by the government to revive the coffee farming in the area, support smallholder farmers with resources, training, and financial assistance. Speaking at a farmers’ sensitization forum at Ebukanga Polytechnic in Vihiga,…

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Former KUSCCO directors challenges order to vacate office

In the midst of a growing leadership struggle within the Kenya Union of Savings and Credit Cooperatives (KUSCCO), former directors who were recently ousted from office are protesting the decision and the official removal order. The former directors who are now directors and executives in various SACCOs were removed from the KUSCCO office after the…

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Equity Group Managing Director and CEO Dr. James Mwangi and AGF Group CEO Jules Ngankam during the event on Friday, May 9, 2025/PHOTO COURTESY.

Equity Group, African Guarantee Fund strike Ksh.64B deal to boost MSMEs in Africa 

Equity Group and the African Guarantee Fund (AGF) have renewed and expanded their strategic partnership in a groundbreaking Ksh.64 billion which seeks to accelerate access to finance for Micro, Small, and Medium Enterprises (MSMEs) across East and Central Africa. The facility is expected to unlock Ksh.129.5 billion in lending and sustain over 50,000 jobs, especially…

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