Transforming Kenya’s small business

SME17

Visitors sample beauty products on display during the second day of the 4th Edition of the SMEs Conference and Expo held at the KICC grounds on March 16, 2023. PHOTO | FRANCIS NDERITU | NMG

The crucial micro, small and medium enterprise (MSME) sector role in the economic development of Kenya, continues to grow since it was first brought to the limelight in 1972, in a report prepared by the International Labour Organization (ILO) on Employment, Income and Equity in Kenya.

The report underscored the sector’s critical role in promoting growth in incomes and jobs. Consequently, Kenya embarked on putting in place innovative strategies to promote the growth and development of the sector. This is evidenced by several documents providing strategies for the promotion and development of the sector.

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