Uncap has launched Unconventional Capital, a €30 million fund dedicated to providing non-dilutive, revenue-based financing to early-stage small and medium-sized enterprises (SMEs) across Africa. This new fund is a significant …
MSMEs
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Micro, Small, and Medium Enterprises (MSMEs) are the backbone of Kenya’s economy, contributing significantly to innovation and economic growth. According to the Kenya National Bureau of Statistics (KNBS) Economic Survey …
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Kenya has long been a focal point for business opportunities in East Africa. However, the current economic landscape poses several challenges, which businesses, particularly small and medium-sized enterprises (SMEs), must …
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The Government of Kenya, through the Kenya Development Corporation (KDC), the Ministry of Investment, Trade, and Industry (MITI), and the National Treasury, has launched the Supporting Access to Finance and …
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Kenya’s economic foundation unquestionably rests upon its Micro, Small, and Medium Enterprises (MSMEs). As indicated in Sessional Paper Number 5 of 2020 on Kenya Micro and Small Enterprises Policy, these …
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Trade is a fundamental enabler of sustainable development, inclusive growth, and poverty reduction. By facilitating the exchange of goods and services, trade sustains businesses, and creates jobs and livelihoods. To …
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The government, through the State Department of Micro, Small, and Medium Enterprise (MSME) Development, says it is shocked at the rate at which small businesses in Kenya are collapsing which …
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From surviving to thriving in the post-COVID world, small and medium enterprises (SMEs) in Kenya have demonstrated optimism and confidence about the next 12 months. These are the findings of …
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Building a business, especially if you are in Kenya, is a difficult task. There are so many obstacles that will come your way and only those who endure make it. …
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Google has announced applications for the third cohort of the Black Founders Fund for Startups opened in Africa and Europe in line with its commitment to digital transformation and support …
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Kenya’s economy runs on the wheels of entrepreneurs. The sector employs at least 86 percent of the population and contributes at least 30 percent to Kenya’s gross domestic product (GDP). …
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Small and medium enterprises (SMEs) are the engines of economies within and without the African continent. Without them, hundreds of millions would be jobless, and the gross domestic product (GDP) …
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In most parts of the world, small and medium enterprises (SMEs) are the real engines of the economy. In Kenya, for instance, they account for over 80% of all businesses …
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In his inauguration speech, President William Ruto announced that his government will be setting up the Ministry of Cooperatives and SMEs. In the whole speech, this perhaps was one of …
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Ever heard the phrase; invest where your heart is and not where your money can go? Yes. Sometimes it sounds like a cliché, but it isn’t. Having money and investing …
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By Elizabeth Wasunna Last month, the world celebrated the 5th anniversary of Micro, Small, and Medium-sized Enterprises Day – MSME Day – with a focus on the need to raise …
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With people around the world increasingly working from home, there has been a growing demand for devices that are secure and can be used for businesses. With the rise in …
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The Co-operative Bank of Kenya has various products that are tailored toward supporting MSMEs in Kenya. With starts indicating that at least 450,000 MSMEs shut down annually in Kenya mostly …
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Most challenges that SMEs and MSMEs face in Kenya are often what I call “textbook challenges.” These are challenges that everyone seems to know and always mentions from time to …