Loans to MSMEs rise 2pc to Sh153bn, beating target
 NAIROBI, Kenya, Sept 16 – Loans issued to micro, small, and medium enterprises (MSMEs) have risen by two percent to Sh153 billion this year, Kenya breaking news | Kenya news today |..
✨ Key Highlights
Loans to Micro, Small, and Medium Enterprises (MSMEs) in Kenya have surged by 2 percent to Sh153 billion this year, surpassing the annual target of Sh150 billion.
- MSME lending exceeded its target by Sh3 billion, reaching Sh153 billion, demonstrating robust growth.
- The Kenya Bankers Association (KBA), represented by CEO Raimond Molenje, confirmed banks' commitment to strengthening MSMEs.
- The newly released Nature Positive Financing Assessment Report identified potential investment opportunities in sectors like manufacturing and agriculture worth up to Sh19.4 trillion ($150 billion) over the next decade.
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Nairobi Hotel for Sale at Sh1.29bn; Umeme Reports Loss; Pepsi Inks Skyward Deal - September 2025
The Best Western Plus Meridian Hotel in Nairobi has been put up for sale at an asking price of Sh1.29 billion, according to a listing by Knight Frank. In other corporate news, Umeme Limited has issued a profit warning after reporting a net loss of USh 166.7Bn (KSh 6.1Bn) for the half year ended June 30, 2025, following the expiry of its 20-year electricity distribution concession. Pepsi Beverages Kenya has secured an exclusive agreement to supply its soft drinks and water on all Skyward Airlines flights, which carry 26,000 monthly passengers. Meanwhile, loans to Micro, Small, and Medium Enterprises (MSMEs) in Kenya have risen by 2 percent to Sh153 billion this year, surpassing the annual target.
