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

Sacco ReviewJuly 6, 202605 mins

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…

MSEA reports strong progress in NYOTA youth business support programme

Sacco ReviewJuly 3, 2026July 3, 202605 mins

A total of 502,621 youth undertook the Entrepreneurial Aptitude Test, more than double the original target of 200,000 91,253 beneficiaries have received the first tranche of business startup capital totaling more than Ksh 2.01 billion The Micro and Small Enterprises Authority (MSEA) has recorded significant progress in the Business Support Component of the National Youth…

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World Bank allocates Ksh97 B to boost Kenya’s anti-corruption and governance reforms

Sacco ReviewJuly 1, 202604 mins

World Bank approves Ksh97 billion to support Kenya’s anti-corruption efforts, governance reforms, and better public financial management. Funds will strengthen transparency through stricter procurement rules, improved financial oversight and enhanced systems to curb fraud and misuse of public resources. The World Bank, through the Second Green and Resilient Inclusive Growth Development Policy Operation (DPO), has…

Gov’t Launches KSh1.47 trillion AgriConnect Plan to modernise farming and create jobs

Sacco ReviewJune 19, 202604 mins

The government has unveiled an ambitious KSh1.47 trillion programme aimed at transforming agriculture into a modern, technology‑driven sector that generates jobs, boosts exports, and strengthens food security. Speaking in Nairobi, Agriculture Cabinet Secretary Mutahi Kagwe introduced the Kenya AgriConnect Compact (2025–2030), a five‑year initiative developed in partnership with the World Bank. The programme seeks to…

Women-led enterprises driving innovation and economic growth across Kenya

Sacco ReviewApril 25, 202607 mins

Women are increasingly taking the reins of entrepreneurship, driving innovation and economic growth in the country. Globally, according to the World Bank, one-third of businesses worldwide have a woman among their principal owners. This number is steadily rising, with the number of startups with female founders doubling globally. Studies also suggest that women-led businesses are…

CS Cooperatives Wycliffe Ambetsa Oparanya in meeting with officials from the World Bank Group at the Delta Centre in Nairobi last year.

World Bank warns of economic slowdown and rising inflation in Kenya amid geopolitical tensions

Sacco ReviewApril 9, 202605 mins

The World Bank has issued a stark warning regarding the potential impact of escalating geopolitical tensions, particularly the ongoing conflict involving Iran, on African economies. In a statement released on Wednesday, April 8, 2026, the global financial institution cautioned that the crisis could lead to higher inflation and slower economic growth across the continent, with…

Sacco gets Ksh70M boost from World Bank to cushion pastoralist communities

Sacco ReviewFebruary 23, 202603 mins

The Savings and Credit Cooperative Organization (SACCO) has received a Ksh 70 million cheque under the World Bank–supported De-Risking Inclusion and Value Enhancement of Pastoral Economies (DRIVE) Project, a strategic initiative designed to transform livestock-based enterprises and strengthen pastoralist livelihoods across the county. The cheque handover was facilitated through the Kenya Development Corporation (KDC). It…

CS Kagwe (centre) during the National and County Governments consultative meeting

Kagwe warns development partners against imposing generic agricultural projects on Kenya

Sacco ReviewFebruary 6, 202603 mins

Agriculture and Livestock Development Cabinet Secretary Mutahi Kagwe has warned development partners against imposing generic agricultural projects on Kenya, saying the country will reject initiatives not locally designed or aligned to its needs. Speaking at the National and County Governments consultative meeting with the World Bank Group, CS Kagwe said Kenya’s agricultural priorities must be…

Siraji Sacco receives Ksh170 million financing boost from World Bank

Sacco ReviewFebruary 3, 202605 mins

Siraji Savings and Credit Co-operative Society Ltd has received Ksh170 million financing boost from the AVLC Group, marking the latest disbursement under a World Bank-backed financing programme aimed at revitalising Micro, Small and Medium Enterprises (MSMEs) in Kenya that were adversely affected by the Covid-19 pandemic. Siraji Sacco, a SASRA-compliant cooperative society, supports small and…

Migori Calls on MSMEs to apply for KJET value addition funding before year-end deadline

Sacco ReviewDecember 18, 202504 mins

The Migori County Department of Agriculture, Livestock and Fisheries Development has issued an urgent call for applications from Micro, Small and Medium Enterprise (MSME) clusters seeking co-investment support under the Kenya Jobs and Economic Transformation (KJET) Project. With less than 2 weeks left before the December 31 deadline, the department is urging cooperatives, associations, self-help…