World Bank Support to Small Businesses

The World Bank has approved the Kenya Jobs and Economic Transformation Project (KJET) to benefit at least 45,000 Kenyans, including at least 6,800 women through new or improved job opportunities. KJET aims to increase private sector investments, access to markets and sustainable finance to create and improve jobs.
KJET will provide business development services aimed at strengthening viable value chains and connecting micro, small, and medium enterprises (MSMEs) to markets, in addition to investments in firms for the improvement of productive capacity and capabilities. In turn, these activities will enhance firms’ capacity and efficiency, translating to increased hiring and improved worker productivity.
The Jobs and Economic Transformation (JET) agenda is a focus area in the Government of Kenya’s Vision 2030, its fourth Medium-Term Plan (MTP4, 2023-2027), and the new Bottom-Up Economic Transformation Agenda, which set ambitious development targets that will require significant growth in private sector employment generation and productivity. Read More.....