Kenya’s SMEs to receive support from UNDP

Walid Badawi, UNDP Kenya resident representative

“We will support small businesses to improve their ability to engage in cross-border trade and benefit from the Africa continental free trade area,” – Walid Badawi

By The Weekly Vision Online

The United Nations Development Programme (UNDP) said Monday it will assist Kenya’s small and medium enterprises (SMEs) to access Africa’s markets.

Walid Badawi, UNDP Kenya resident representative told journalists in Nairobi that it has partnered with government-owned Micro and Small Enterprises Authority (MSEA) to develop a comprehensive database for small businesses which will benefit from information dissemination for business growth. 

“We will support small businesses to improve their ability to engage in cross-border trade and benefit from the Africa continental free trade area,” Badawi said. 

The UNDP said that so far its current support to MSEA stands at 28 million shillings (about 250,000 U.S. dollars) and is aimed at boosting small businesses’ capacity to enhance their market linkages. Badawi added that Kenya’s economy is characterized by a large informal sector just like the rest of the African continent.

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