State injects Sh1.3b into Kenya’s youth economy - News Summed Up

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State injects Sh1.3b into Kenya’s youth economy


Youth at Kasarani Sports Complex (Photo: Courtesy)NAIROBI, KENYA: The Kenya Youth Employment and Opportunities Project will inject Sh1.3 billion into Kenya’s youth economy, President Uhuru Kenyatta said on Wednesday. “Of this amount, a total of Sh900 million will go to 250 young entrepreneurs as grants. Each of these young entrepreneurs will receive an award of Sh3.6 million to develop their dreams. The president said his government is committed to youth development through the creation of an enabling environment for start-ups by young people. The BBI aspect intends to provide a seven-year tax holiday for young entrepreneurs.


Source: Standard Digital February 24, 2021 10:18 UTC



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