Uhuru unveils Sh100bn youth job creation initiative

President Uhuru Kenyatta on June 20, 2019 at the launch of a Sh100 billion initiative by MasterCard Foundation, Kenya Commercial Bank and Equity Bank to create jobs for Kenya's youth. PHOTO | PSCU

What you need to know:

  • MasterCard Foundation to invest Sh30 billion in the Africa Youth Works initiative in Kenya.
  • KCB and Equity Bank will contribute over Sh80 billion to the project.
  • Project entails extending credit facilities to young entrepreneurs, SMEs and training youth — especially women — on technical and vocational skills.

Over Sh100 billion has been set aside to help five million young people in the country to get jobs and start businesses through public-private partnerships, President Uhuru Kenyatta has said.

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