Govt to Inject Ksh3.06 Billion Into 122,203 Businesses
Officials estimate the expanded programme could help create between 150,000 and 250,000 additional jobs as businesses grow and employ more people...
✨ Key Highlights
The Kenyan government, in partnership with the World Bank, is injecting an additional Ksh3.06 billion into youth businesses through the second phase of the National Youth Opportunities Towards Advancement (NYOTA) programme.
- The funding will support 122,203 young entrepreneurs, with 33,269 new beneficiaries and 88,934 continuing entrepreneurs.
- The initiative, led by the Government of Kenya and the World Bank, shifts focus from business startup to enterprise expansion.
- Beyond financial aid, the programme aims to reduce barriers like permit requirements and establish unique identities for NYOTA entrepreneurs to enhance access to further support and financing. The expanded initiative is estimated to create between 150,000 and 250,000 additional jobs.
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Treasury Releases Sh1.5bn as Govt Clears Outstanding Payments for KCSE and KJSEA Examiners - July 2026
The National Treasury has released Sh1.5 billion to clear outstanding payments for examiners involved in the 2025 KCSE and KJSEA examinations, bringing relief to thousands of educators who marked the national examinations. Teachers who marked the 2025 KCSE and KJSEA examinations are now receiving their payments as the government has released funds for outstanding allowances. Separately, the Higher Education Loans Board (HELB) is partnering with the Kenya Revenue Authority (KRA) to recover outstanding student loans from individuals in the informal sector. Additionally, the Kenyan government, in partnership with the World Bank, is injecting an additional Ksh3.06 billion into youth businesses through the second phase of the National Youth Opportunities Towards Advancement (NYOTA) programme, benefiting 122,203 businesses.
