C
Originally published by Capital Business
πŸ“° Read Full Article
business
March 27, 2026
4h ago

KCB secures Sh12.5bn for SMEs-linked green financing

KCB secures Sh12.5bn for SMEs-linked green financing

The blended finance initiative, comprising concessional lending, a guarantee, and a grant, will fund value-chain and gender-inclusive interventions. These include adoption of solar-powered and clean cooking technologies, climate-smart agriculture, waste management, circular econo..

✨ Key Highlights

KCB Bank Kenya has secured Sh12.5 billion from the Green Climate Fund (GCF) to support green projects for Micro, Small and Medium Enterprises (MSMEs) and farmers.

  • The funding, a blended finance initiative, will support value-chain and gender-inclusive interventions including solar adoption, clean cooking, climate-smart agriculture, and waste management.
  • Key organizations involved are KCB Bank Kenya and the Green Climate Fund (GCF).
  • Approximately 60 percent of investments will focus on climate adaptation, with the remaining 40 percent dedicated to mitigation efforts.

Continue Reading

Read the complete article from Capital Business

πŸ“° Read Full Article
Advertisement

Related News

Advertisement