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Originally published by Capital Business
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business
June 13, 2025
5mo ago

Glovo’s Sh2bn pact to create youth jobs, grow digital economy

Glovo’s Sh2bn pact to create youth jobs, grow digital economy

NAIROBI, Kenya, June 13 – Global tech platform Glovo has signed a Memorandum of Cooperation with Kenya’s Ministry of Labour and Social Protection in a Kenya breaking news | Kenya news today |..

✨ Key Highlights

Global tech platform Glovo has signed a Memorandum of Cooperation with Kenya’s Ministry of Labour and Social Protection to enhance the platform economy and create youth jobs in Kenya.

  • Glovo will invest Sh2 billion by 2027, aiming for a 50% increase in employment.
  • The agreement was announced by Dr. Alfred Mutua, Labour Cabinet Secretary, and Oscar Pierre, Glovo Co-Founder and CEO.
  • Plans include creating 1,200 new youth jobs and generating over 10,000 indirect jobs through its Glovo Access program.

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Part of the Day's Coverage

Glovo and Stanchart Drive Job Creation and Investment in Kenya

Glovo commits to a Sh2bn initiative for job creation and digital economy growth, while Stanchart champions global investment for wealthy Kenyans on June 13, 2025.

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