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Kenyan SME to contribute 50pc of GDP in next three years
Joram Mwinamo, CEO SNDBX and James Mureu, Board Chairman of the Micro Small Enterprises Authority (MSEA) during the first day of The Big Baraza conference, which brought together SMEs, government, financial institutions and regulators in one room. PHOTO | POOL
Kenyan small and medium-sized enterprise (SME) sector is projected to contribute 50 percent of gross domestic product (GDP) growth in the next three years.
Speaking during the ‘Big Baraza Conference’, SNDBX Chief Executive Joram Mwinamo said that the sector which is rapidly growing is employing over 15 million people with 7 in every 10 people being employed by SMEs.
