KNBS estimates that there are about 7.4 million MSMEs in Kenya that employ over 14.4 million Kenyans across all sectors of the economy.
Women-owned businesses are set to benefit from a Sh164 million investment from an incubation program sponsored by USAID.
Banks and other financial institutions are aggressively customising their services to improve the appetite for credit among MSMEs that comprise the country's majority of businesses.
Experts emphasised the importance of MSMEs adopting formal structures and aggregating their efforts to succeed beyond Kenya's borders.
A new payment system targeting Micro, Small, and Medium Enterprises (MSMEs) in the country has been unveiled.
Over 700,000 women in the country have benefited from the Sh250 billion kitty established by KCB Bank to support Small and Medium Enterprises (SMEs).
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