Govt disburses Sh173.2mn to Nyota startups in Central Kenya
NAIROBI, Kenya, Jan 12 - The government has disbursed Sh173.2 million to startups under the Nyota Project in Central Kenya as part of efforts to address Kenya breaking news | Kenya news today |..
✨ Key Highlights
The Kenyan government has disbursed Sh173.2 million to 6,982 startups in Central Kenya as part of the Nyota Project, an initiative aimed at addressing youth unemployment.
- The funding targets entrepreneurs in Nyeri, Murang’a, Nyandarua, and Kirinyaga counties.
- The disbursements were made at the Kabiru-ini ASK Grounds in Nyeri, with President William Ruto in attendance.
- The Nyota Project is a five-year program supported by the World Bank and is being implemented countrywide.
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Govt Moves to Sell Safaricom Stake; Startups Funded; Uchumi House Listed for Sale - January 2026
The National Treasury is moving to sell a 15 percent equity stake in Safaricom PLC to the Vodacom Group for approximately Sh244.5 billion ($1.6 billion), a move that raises data sovereignty concerns. In a separate government initiative, Sh173.2 million has been disbursed to 6,982 startups in Central Kenya as part of the Nyota Project to address youth unemployment. In Nairobi’s Central Business District, the five-storey Uchumi House has been listed for sale with an asking price of Sh562.5 million, offering immediate rental income from its established tenants. Additionally, the High Court in Kenya has permitted the regulatory approval processes for the Diageo–Asahi transaction to proceed, though it issued a temporary order restraining the final stages of the deal.
