President William Ruto during a brief on the progress of the government's Nyota business support-Photo|Courtesy

Second tranche of NYOTA start-up capital set for national rollout this Friday

Unlike the first tranche, which was rolled out in phased clusters across the regions, the second disbursement would reach all eligible beneficiaries at the same time.. the beneficiaries have already completed a mandatory business development skills training programme, a requirement under the initiative before qualifying for the start-up capital. The government will on Friday roll…

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Cabinet Secretary for Cooperatives and MSMEs Dr. Wycliffe Oparanya-Photo|Courtesy

Gov’t bets on cooperatives to unlock agricultural financing, revive coffee sector

CS Oparanya has urged financial institutions to design products around the realities of farming, recognizing alternative forms of security while aligning repayment schedules with production cycles. The government has moved to place cooperative societies at the centre of its plan to widen smallholder farmers’ access to affordable credit and speed up the transformation of Kenya’s…

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PS Susan Mang'eni speaking during the KDC Customer Networking Forum in Nairobi-Photo|Courtesy

Government expands affordable credit access to boost MSME growth, create jobs

The government is intensifying efforts to unlock financing for micro, small and medium enterprises (MSMEs) by widening access to affordable credit and introducing tailored financial products for different categories of entrepreneurs. Speaking at the Kenya Development Corporation (KDC) Customer Networking Forum in Nairobi, Principal Secretary for MSME Development Susan Mang’eni emphasized that bridging the financing…

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Ruto launches Revised MSME Policy 2026, flags Sh3 trillion financing gap on World MSME Day

President William Ruto on Saturday presided over Kenya’s 2026 World Micro, Small and Medium Enterprises (MSME) Day celebrations at the Kenyatta International Convention Centre (KICC) in Nairobi, where he officially launched the Revised MSME Policy 2026 aimed at transforming the sector into a globally competitive engine of inclusive growth. The revised policy seeks to create…

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Principal Secretary for MSMEs Development Susan Mang’eni-Photo|File

Government assures NYOTA beneficiaries of second tranche disbursement by June 30

The government has moved to end weeks of uncertainty for thousands of young entrepreneurs enrolled in the National Youth Opportunities Towards Advancement (NYOTA) programme, confirming that the second tranche of start‑up grants will be released by June 30. Principal Secretary for MSMEs Development Susan Mang’eni said all eligible beneficiaries will be paid at once, marking…

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Principal Secretary for MSMEs Susan Mang’eni

Government to roll out new MSME policy to drive jobs and growth

The government is preparing to unveil a revised Micro, Small and Medium Enterprises (MSMEs) policy designed to transform the sector into a central pillar of job creation, economic growth and inclusive development under the Bottom‑Up Economic Transformation Agenda (BETA). Principal Secretary for MSMEs Susan Mang’eni said the sector has already registered progress under the current…

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35 Saccos in Busia receive Ksh. 24.5M cooperative grant

In a major boost to financial inclusion and agricultural transformation, the County Government of Busia has disbursed a Ksh. 24.5 million cooperative inclusion grant to 35 Savings and Credit Cooperative Organizations (SACCOs). The grant aims to enhance production and value addition, empowering farmers and agripreneurs across the county. As part of this initiative, the government…

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