Kenya Jobs and Economic Transformation (KJET) Project

The objective of the Jobs and Economic Transformation Project for Kenya is to increase private sector investments, access to markets and sustainable finance to create and improve jobs. There are four components to the project, the first component being strengthening business and investment enabling reforms. This component will address prioritized Business Regulatory and Investment Policy and Promotion reforms to support private sector growth, through a combination of diagnostics, legal and regulatory reforms, institutional capacity development, and integration of a One Start One Stop digital platform (OSOS). The second component is the Enhancing MSME Cluster Competitiveness. This component includes two subcomponents: Technical Assistance (TA) on competitive cluster development initiatives and building capacities of MSME clusters. The third component is the scaling up green financing and strengthening climatic resilience for SMEs. This component includes two subcomponents: scaling up green SME financing and strengthening MSMEs climatic resilience. Finally, the fourth component is the project management, monitoring and evaluation. This component will strengthen the Monitoring and Evaluation (M&E) systems and capacity of national implementing agencies, and finance project management activities with the aim to build sustainable systems that last beyond the lifetime of this project.