World Bank lines up Sh23 billion funding for small firms in Kenya

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World Bank Country Director for Kenya, Rwanda, Somalia and Uganda Keith Hansen. FILE PHOTO | NMG

About 45,000 Kenyans are in line to benefit from new jobs in a Sh23 billion financing project for micro, small, and medium enterprises (MSMEs).

The World Bank approved the Kenya Jobs and Economic Transformation Project (KJET) on Tuesday, which targets to increase private sector investments, access to markets and sustainable finance to create and improve jobs.

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