Business meeting in a boardroom
Business development 📍 Kenya · Nationwide

Kenya Jobs and Economic Transformation (KJET) Project

Enhance the competitiveness of Kenya’s micro, small and medium enterprises through targeted investments in high-growth clusters and business climate reforms.

Committed financing€134,203,500.00
Expected duration60 months
CountryKenya
SectorBusiness development

Project objective

Enhance the competitiveness of Kenya’s micro, small and medium enterprises through targeted investments in high-growth clusters and business climate reforms.

Project description

The project combines regulatory and investment-promotion reforms, including a one-stop digital platform, with direct support to firms.

Type of financing

Financing from the International Development Association (IDA, World Bank Group) — Investment Project Financing.

Stage of progress

Under implementation — approved on 11 December 2023, expected closing on 31 December 2028.

Economic potential

More private investment and more and better jobs.

Key information

Project implementing body
Ministry of Industrialization, Trade and Enterprise Development
Official source
World Bank — Projects & Operations (open data, CC BY 4.0) · P179381
Information verified on
5 Oct 2026

Information sheet based on the official source. GLOBACOR PARTNERS INC is not a party to this project and collects no funds for it.