On Tuesday 12th November, 2019, the Chamber President Mr. Richard Ngatia met with a team from the World Bank Group led by Mr. Denis Medvedev, Practice Manager for firms, entrepreneurship and innovation.
The World Bank Group team met with among other critical stakeholders, the Kenya National Chamber of Commerce & Industry, SME Advisory Team under the Office of the President, the Central Bank of Kenya (CBK), the National Treasury, the Ministry of Industry, Trade and Co-operatives, the Micro and Small Enterprises Authority (MSEA) as well as, other key stakeholders operating in the MSME space and discussed the World Bank Group Mission for the Enhancing Access to Finance for the Micro Small and Medium Enterprises (MSMEs) analytical work in Kenya.
The objective of the mission is to share best practices with the Government of Kenya (GoK) on MSME development as they are developing their strategy and various, inter-agency interventions in this high priority area. The Mission Team shall present the findings of the global research on interventions to support MSME Development in the Country, explore areas where the World Bank could provide support to the GoK under the SME agenda, including the planned diagnostics and literature review under the above mentioned analytical work as well as other activities and operations.
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