Citizen Digital·3 min read·medium

KCB secures Ksh.12.9 billion EBRD funding to boost SMEs, green projects lending

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Benjamin Muriuki
KCB secures Ksh.12.9 billion EBRD funding to boost SMEs, green projects lending
AI Summary

KCB Bank has secured Ksh.12.9 billion in funding from the EBRD to support small and medium-sized enterprises in Kenya. The initiative specifically targets women-led businesses and green energy projects to foster sustainable economic growth.

The funding agreement is expected to boost access to affordable credit for small businesses, which remain a key driver of Kenya's economy but continue to face financing constraints.

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