… Mvurya said this ensures that YEDF's mandates complement, rather than compete with, other state interventions, such as the Uwezo Fund and the Women Enterprise Development Fund (WEF). …
… He also instructed state backed financing institutions, including the Youth Enterprise Development Fund, the Uwezo Fund, the Women Enterprise Fund and other relevant agencies, to develop a dedicated NYOTA Growth Product to provide follow on financing for businesses that outgrow t …
… He also instructed state-backed financing institutions, including the Youth Enterprise Development Fund, the Uwezo Fund, the Women Enterprise Fund and other relevant agencies, to develop a dedicated NYOTA Growth Product to provide follow-on financing for businesses that outgrow t …
… He also instructed state-backed financing institutions, including the Youth Enterprise Development Fund, the Uwezo Fund, the Women Enterprise Fund and other relevant agencies, to develop a dedicated NYOTA Growth Product to provide follow-on financing for businesses that outgrow t …
… TA identification mechanism to enable beneficiaries seamlessly access government services, incentives and opportunities aimed at supporting enterprise growth.The President also directed government financing institutions, including the Youth Enterprise Development Fund, Uwezo Fund …
… TA identification mechanism to enable beneficiaries seamlessly access government services, incentives and opportunities aimed at supporting enterprise growth.The President also directed government financing institutions, including the Youth Enterprise Development Fund, Uwezo Fund …
… Following the disbursement, beneficiaries will be encouraged to access other Government-financed programmes, including the Hustler Fund, the Uwezo Fund, and the Youth Enterprise Development Fund, to secure additional capital and further expand their businesses.
… Programmes such as the Nyota Fund, Uwezo Fund and the KSh25 billion allocated to elderly cash transfers targeting more than one million households are aimed at demographic groups that have historically demonstrated strong voter participation. …
… On MSMEs, he called for increased funding and support for programmes such as the Uwezo Fund, NYOTA, Kenya Industrial Estates, Constituency Industrial Development Centres and the East African Community MSME Trade Fair to spur business growth and expand market access. …
Youth Affairs Cabinet Secretary Salim Mvurya told the Senate that approximately Sh15.27 billion has been disbursed as loans under the Youth Enterprise Fund, with over 1.3 million youth accessing financial support to start and expand businesses, facilitating the creation of over 2.18 million jobs.
Youth Affairs Cabinet Secretary Salim Mvurya told the Senate that approximately Sh15.27 billion has been disbursed as loans under the Youth Enterprise Fund, with over 1.3 million youth accessing financial support to start and expand businesses, facilitating the creation of over 2.18 million jobs.
The Controller of Budget Margaret Nyakang'o has revealed that her office lacks visibility on how billions collected through government funds and levies are being spent, raising questions about accountability for public funds held outside the National Exchequer.
Kirinyaga Governor Anne Waiguru has removed a levy charged to youth under the NYOTA programme and announced the county government will add Sh10,000 to the second phase disbursement, bringing total support to Sh60,000 per beneficiary for business development.
President William Ruto coordinated the second tranche of the National Youth Opportunities Towards Advancement (NYOTA) funds programme using a newsroom-style format, directing his Cabinet and senior officials from Ulinzi Complex in Nairobi as they reported on fund disbursements across Kenya.
President William Ruto has directed a two-year business permit waiver for all beneficiaries of the National Youth Opportunities Towards Advancement (NYOTA) programme to reduce bureaucratic barriers and costs for young entrepreneurs.
President William Ruto has directed the Intergovernmental Budget and Economic Council and county governments to implement a two-year business permit waiver for all beneficiaries of the NYOTA Project, intended to give young entrepreneurs time to establish and grow their businesses without licensing fees. He also instructed the Ministry of Cooperatives and MSMEs Development to establish a national NYOTA identification mechanism and directed government financing institutions to develop dedicated financial products to support beneficiaries as their businesses expand.
Cabinet Secretary Geoffrey Ruku has called on beneficiaries of the National Youth Opportunities Towards Advancement (NYOTA) Project to invest grants wisely, as the government disburses Sh154m in the second phase to youth from Embu, Tharaka Nithi, and Meru counties. The programme aims to tackle youth unemployment by providing startup capital for young entrepreneurs.
The Government will disburse the second tranche of the National Youth Opportunities Towards Advancement (NYOTA) business start-up capital grant on Friday, with 122,000 young people aged 18–29 receiving KSh25,000 each across 18 nationwide venues. Combined with an earlier disbursement of KSh25,000, each beneficiary will have received a total of KSh50,000 in business support grants.
An opinion piece examines how President Ruto's administration is using the national budget as a political instrument ahead of the 2027 General Election, including a KSh3.9 billion allocation for village elder stipends that strengthens grassroots community influencers, while the opposition organises itself.
Cooperatives and MSMEs Cabinet Secretary Wycliffe Oparanya expressed frustration over inadequate budget allocation to his ministry, telling Parliament's Departmental Committee on Trade, Industry and Cooperatives that he requires Ksh.200 million for operational expenses and has been forced to plead for funds.