Govt Sets New Date for Release of Ksh25,000 NYOTA Funds

There has been growing uncertainty among sections of youth over the status of payments amid silence from the government...

✨ Key Highlights

The Kenyan government has announced that beneficiaries of the NYOTA grant program will receive their second tranche of startup funds by June 30, ending weeks of uncertainty.

The second tranche of this World Bank-supported program will be disbursed by June 30.
Principal Secretary for MSMEs Development, Susan Mang'eni, confirmed the disbursement after consultations with President William Ruto and the World Bank.
Delays were caused by a change in the program's implementation, shifting from phased rollouts to a single, nationwide intake to accommodate over two million applicants.

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