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Originally published by The Standard Business
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March 18, 2026
2h ago

Co-op Bank secures Sh233M boost for Kenya's digital enterprises

Co-op Bank secures Sh233M boost for Kenya's digital enterprises

Co-operative Bank of Kenya has partnered with United Nations Capital Development Fund to unlock Sh233.1 million in financing for youth-led digital businesses across Kenya...

✨ Key Highlights

Co-operative Bank of Kenya has partnered with the United Nations Capital Development Fund (UNCDF) to provide a significant financial boost to Kenya's digital economy. This collaboration aims to unlock crucial funding for youth-led digital enterprises.

  • Sh233.1 million in lending will be made available through a risk-sharing agreement.
  • The partnership involves Co-operative Bank of Kenya and UNCDF under the Digital Platforms Kenya Programme (DigiKen).
  • The initiative specifically targets ambitious, commercially viable young entrepreneurs and online businesses that face challenges in accessing formal credit, including those in arid and semi-arid regions.

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