Speaking during the launch of the MasterCard Foundation's Africa Youth Works on Thursday in Nairobi, Mr Kenyatta said that the foundation has invested Sh30 billion in the project that aims to help youth get jobs. The MasterCard Foundation will work in collaboration with Equity Bank and Kenya Commercial Bank. “Over the five-year period, MasterCard Foundation will provide Sh10 billion to KCB Group against their contribution of Sh50 billion and Sh7.2 billion to Equity Group against their contribution of Sh32 billion,” Mr Kenyatta said during the ceremony in Nairobi. He added that the partners will work together to create two million jobs in the next five years. “When small firms and entrepreneurs access financial services, they obtain the resources they require to grow, expand into new markets and opportunities, create jobs and establish inter-generational wealth,” Mr Kenyatta added.

Source: Daily Nation June 20, 2019 13:30 UTC