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KISIP 2 revitalizes Kisumu’s informal settlements with infrastructure and market development

Sacco ReviewNovember 12, 2024November 12, 202405 mins

Six informal settlements in Kisumu County have received a major facelift following the rollout of the second Kenya Informal Settlements Improvement Project (KISIP 2) program. The projects, among them roads, markets, storm water drainage, solid waste management and street lighting, have opened up the slums enhancing access to basic infrastructure and land tenure security. Kisumu…

Over 800,000 youth to benefit from World Bank funded project

Sacco ReviewAugust 15, 2024August 15, 202403 mins

The National Youth Opportunities towards Advancement (NYOTA), a World Bank funded project is set to benefit over 800,000 youth in the country, Youth Affairs and Creative Economy Principal Secretary (PS) Ismail Maalim Madey has revealed. According to Maalim, the project mainly targets to address the rising challenge of youth unemployment, and that it will be…

Kenyans to benefit from World Bank’s KSh59 billion Lake Victoria water scheme

Sacco ReviewMay 5, 202406 mins

The East African Community Partner States have received a major boost after the World Bank approved the financing of KSh59 billion for sanitation programme within the Lake Victoria Basin. The noble gesture, according to the Executive Secretary for the Lake Victoria Basin commission (LVBC) Dr Masinde Bwire, has been achieved through a series of engagements…

World Bank awards Governor Wavinya for exemplary implementation of projects

Sacco ReviewApril 5, 202407 mins

Machakos Governor Wavinya Ndeti has been feted by the World Bank for helping farmers to improve productivity through their cooperative societies. Governor Wavinya was awarded at the county offices in Mavoko on Wednesday April 3 for her collaborative efforts with the World Bank-funded Kenya Climate Smart Agriculture Project (KCSAP) to improve agricultural productivity among farmers….

Kisumu rolls out Ksh1.4B project to modernize slums

Sacco ReviewJanuary 24, 2024January 24, 202403 mins

Kisumu County has rolled out a Ksh1.4 billion project to transform slums into modern residential areas after it qualified for the second Kenya Informal Settlements Improvements Project (KISIP 2) funded by the World Bank. The slums set for the upgrade are; Nyalenda, Obunga, Manyatta, Migosi, Nyawita, Kaloleno, Shauri Moyo, Kibuye and Muhoroni Governor Anyang’ Nyong’o…

Avocado farmers in Kakamega form cooperative

Sacco ReviewOctober 19, 2023October 19, 202302 mins

Avocado farmers in Kakamega county have launched a cooperative society to guide them on the best farming practices of the produce and in preparation for the county government rollout of a World Bank project aimed at promoting avocado farming in the county. Speaking during their first AGM, Mumbo Avocado Farmers’ Cooperative Society Chairman Maxwell Shamala…

State Department for Livestock Development Principal Secretary (PS) Jonathan Mueke

21 counties set to benefit from livestock insurance programme

Sacco ReviewAugust 29, 2023August 29, 202305 mins

Twenty one counties will benefit from a livestock insurance programme initiated by the World Bank and will see 173,000 farmers cover their livestock against drought. The programme dubbed De-risking Inclusion and Value Enhancement of Pastoral Economies (DRIVE) is the product of a partnership between the Department of Livestock Production, World Bank, Kenya Development Corporation and…

KMRC disbursed Sh2.75bn for home loans in 2020

Sacco ReviewJuly 15, 2021July 15, 202105 mins

By Malachi Motano The Kenya Mortgage Refinancing Company (KMRC) disbursed Sh2.75 billion in 2020 to participating primary mortgage lenders (PMLs) in its debut lending since it was established. “That amount was part of Sh4.5 billion mortgage loan portfolios available for immediate refinancing to participating financial institutions. We (KMRC) are drawing down funds from both the…