Close Menu
News HubNews Hub
  • Home
  • General News
  • Breaking News
  • Trending
  • Business
  • Entertainment
  • Politics
  • Health
  • Celebrities
  • Economy
  • Sports
Trending Now

Breaking: President Ruto Sends A Strong Message To Samia Suluhu Over Ongoing Tanzanian Protests! Watch

October 31, 2025

Kenyans are Begging to be Allowed to Cross Border and Join Tanzanians in the Protests, Watch

October 31, 2025

Opposition Leaders Accuse President Ruto of Relaunching Uhuru’s Projects

October 31, 2025

Kenyans Among Several People Shot as Protests Erupt at Kenya-Tanzania Border

October 31, 2025

Kenyans Criticize Pastor Ezekiel Odero Over Claims He Nearly Boarded Plane That Crashed and Killed 11

October 31, 2025

IG Kanja Sends Plea to Kenyans After a Foreigner Assaults Police

October 30, 2025

US Issues Warning as Protests Erupt in Tanzania

October 30, 2025

Breaking: Police Officer and Civilian Killed in Tanzania Protests

October 30, 2025

Loan Firm Accused of Drugging Boda Boda Riders and Stealing Financed Motorcycles

October 30, 2025

Inside New Laws With 2-Year Jail Terms for Everyday Offenses

October 30, 2025
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram
News HubNews Hub
WhatsApp Facebook Advertise With Us
  • Home
  • General News
  • Breaking News
  • Trending
  • Business
  • Entertainment
  • Politics
  • Health
  • Celebrities
  • Economy
  • Sports
News HubNews Hub
Breaking News

World Bank Approves Ksh16.5 Billion Project to Empower Kenyan Families

Journalist BenedictBy Journalist BenedictJuly 21, 2025No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

The World Bank has officially approved a major financial support program worth Ksh16.5 billion (approximately US$127.5 million), aimed at uplifting millions of vulnerable Kenyans—including the elderly, women, youth, and people with disabilities.

Known as the Second Kenya Social and Economic Inclusion Project (KSEIP2), this new initiative builds upon the success of a similar earlier program.

It will channel critical funds into social safety nets, job creation, and community empowerment projects designed to help struggling households become more financially independent.

According to the World Bank’s statement, this program is expected to positively impact more than 12 million Kenyans. It will expand access to essential services like healthcare, education, and nutrition, promote income-generating opportunities, and protect families from the growing effects of food insecurity and climate change.

Most of the beneficiaries will be people already enrolled in the government’s National Safety Net Program, including orphans, the elderly, and persons living with disabilities, who currently rely on cash transfers for basic needs.

World Bank Country Director for Kenya, Qimiao Fan, emphasized that the funding is more than just financial aid—it’s a foundation for long-term self-reliance.

“This is about enabling the most vulnerable Kenyans to access meaningful opportunities and build their futures,” Fan said. “It’s not simply about giving money—it’s about helping people stand on their own through better access to education, health, and jobs.”

A standout feature of KSEIP2 is the “cash-plus” model, which means beneficiaries won’t only receive stipends but also additional support like vocational training, startup support for climate-resilient businesses, and links to pension and health insurance programs.

These extra benefits are intended to break the cycle of poverty and dependency.

The World Bank has also prioritized Kenya’s youth and children in this new phase. Adolescents will benefit from life skills coaching, nutrition support, and learning opportunities to prepare them for healthy and productive adulthoods.

Recognizing the impact of drought in northern Kenya, KSEIP2 includes an emergency response mechanism to deliver quick cash support to communities during crises such as natural disasters or extreme food shortages.

Project leader and World Bank Senior Economist Shubha Chakravarty praised the Kenyan government’s commitment to inclusive growth and resilience.

“This funding is all about giving every Kenyan a fair chance,” Chakravarty explained. “The goal is to build households that are strong, productive, and resilient—not dependent.”

This isn’t the first time the World Bank has partnered with Kenya on such efforts. The first phase of KSEIP helped thousands of families launch small businesses, access better services, and rise out of poverty.

In addition, the World Bank previously funded the Kenya Youth Employment and Opportunities Project (KYEOP), which provided skills training and startup capital for young people across the country.

With KSEIP2 now underway, Kenya is expected to make even greater strides in reducing poverty, improving livelihoods, and creating sustainable economic opportunities—especially for those who need it most.

Join Gen Z New WhatsApp Channel To Stay Updated On time https://whatsapp.com/channel/0029VaWT5gSGufImU8R0DO30

Follow on WhatsApp Follow on Facebook
Share. WhatsApp Facebook Twitter LinkedIn Email Copy Link
Journalist Benedict

Related Posts

Breaking: President Ruto Sends A Strong Message To Samia Suluhu Over Ongoing Tanzanian Protests! Watch

October 31, 2025

Kenyans are Begging to be Allowed to Cross Border and Join Tanzanians in the Protests, Watch

October 31, 2025

Opposition Leaders Accuse President Ruto of Relaunching Uhuru’s Projects

October 31, 2025

Kenyans Among Several People Shot as Protests Erupt at Kenya-Tanzania Border

October 31, 2025

Kenyans Criticize Pastor Ezekiel Odero Over Claims He Nearly Boarded Plane That Crashed and Killed 11

October 31, 2025

IG Kanja Sends Plea to Kenyans After a Foreigner Assaults Police

October 30, 2025
Leave A Reply Cancel Reply

Recent News

Breaking: President Ruto Sends A Strong Message To Samia Suluhu Over Ongoing Tanzanian Protests! Watch

October 31, 2025

Kenyans are Begging to be Allowed to Cross Border and Join Tanzanians in the Protests, Watch

October 31, 2025

Opposition Leaders Accuse President Ruto of Relaunching Uhuru’s Projects

October 31, 2025

Kenyans Among Several People Shot as Protests Erupt at Kenya-Tanzania Border

October 31, 2025

Kenyans Criticize Pastor Ezekiel Odero Over Claims He Nearly Boarded Plane That Crashed and Killed 11

October 31, 2025

IG Kanja Sends Plea to Kenyans After a Foreigner Assaults Police

October 30, 2025

US Issues Warning as Protests Erupt in Tanzania

October 30, 2025

Breaking: Police Officer and Civilian Killed in Tanzania Protests

October 30, 2025

Loan Firm Accused of Drugging Boda Boda Riders and Stealing Financed Motorcycles

October 30, 2025

Inside New Laws With 2-Year Jail Terms for Everyday Offenses

October 30, 2025
Popular News

A New Way to Earn US Permanent Citizenship: How Much Kenyans Will Pay in Trump’s New Plan

June 15, 2025

Waziri Supercup 2024: celebration of sport and helping people in need

November 28, 2024

Tax Implications of Crypto Loans: Do You Need to Pay Taxes?

February 20, 2025

Haitian Liberation Group Sends Strong Letter to President Ruto, Demanding Withdrawal of Kenyan Police

May 29, 2025

Breaking: Kericho Governor Erick Mutai Impeached Again

August 16, 2025

Rigathi Gachagua: Wanapanga kunimaliza. Wananidharau. William Ruto ananichukia. Wanasema mimi ni villager mjinga ati sijui kuvaa. Watch how Gachagua is being mistreated.

September 29, 2024

The Five Best DeFi Crypto Loans in 2025

July 16, 2025

After killing that bolt driver this guy went home and slept, police found him sleeping. Watch

September 28, 2024

Four More Arrested in Connection with Chieni Supermarkets Looting

July 4, 2024

Look at how this Uber Driver was found Chewing someone’s wife Mercilessly.Men, Hii Nairobi usiende kwa nyumba ya mwanamke kabisa! Watch

July 27, 2024
Facebook X (Twitter) Instagram Pinterest
  • Home
  • General News
  • Trending News
  • Advertise With Us
  • About Us
  • Contact Us
  • Privacy Policy
© 2025 News Hub. Designed by News Hub.

Type above and press Enter to search. Press Esc to cancel.