By Roselyne Kavoo The government is seeking to establish a Kenya Credit Guarantee Company (KCGC) to enhance credit access for Micro, Small and Medium Enterprises (MSMEs) in the country. Antony Njeru, a Principal Economist at the National Treasury said majority of MSMEs in the country have limited access to credit facilities due to lack of collateral and the KCGC intends to reduce the risks for lenders and encourage them to grant credit to MSMEs. A credit guarantee company is a mechanism where a third party, who is the guarantor pledges to pay part or the entire loan to the lender…
Author: KNA
Google has opened applications for the 8th cohort of its Google for Startups Accelerator Africa program that focus on startups leveraging on artificial intelligence (AI) and machine learning (ML).
Government Spokesperson Isaac Mwaura regrets Kenyans losing lives in flood-prone areas due to their daring nature and lack of caution about fast-moving waters.
Industrialization Cabinet Secretary (CS), Rebecca Miano, has said that Kenya aims to fully transition to electric buses by 2027.
The students are the first group of graduates send to the country, through an agreement between the university and Hochschule Koblenz University of Applied Sciences in Germany.
Rural Women Network (RWN) has registered five women-led cooperatives in Kajiado, aimed at championing enterprise diversification and providing women with alternative sources of income.
By Sebastian Miriti An alarm has been raised over the rampant stealing and bush slaughter of donkeys for their skin, despite a ban on the practice, posing a major concern in the country. As a result, there have been calls for the government to address the legal loopholes that facilitate this illegal practice, which not only endangers the existence of donkeys but also exposes the public to health risks. A media sensitization and consultative workshop organized by the Africa Network for Animal Welfare (ANAW) in conjunction with Weltierschutzgesellschaft (WTG) from Germany, recently held in Moyale town, disclosed that about 10,000…
By Wagema Mwangi Kilifi County is set to receive Sh950 million from the national government, representing its cumulative share of royalties collected from licensed multi-billion-shilling investments in the region. Salim Mvurya, the Cabinet Secretary for Mining, Blue Economy, and Maritime Affairs, said the money had been allocated in the budget following the completion of computations for the shareable amount to counties from mining proceeds. “Kilifi County is set to receive an additional Sh950 million in revenue from mining activities. This money can be used to improve facilities and help the county streamline service delivery,” he said. Speaking in Nyari, Ganze,…
KQ’s total revenue rose 53% to close at Sh178 billion which is mainly attributable to a 43% growth in passenger numbers against the previous year and to only 2% below the pre-pandemic levels.
Five-year funding program has disbursed Sh1.75 billion grants to 621 community projects in Mombasa, Kwale, Kilifi, Lamu and Tana River counties against a budget of Sh4 billion.
