Kenya’s leading mobile service carrier Safaricom has pledged Ksh.2.9 million ($28,159) in supporting small business founded by the youths in the country.
Safaricom is looking to give financial help to small businesses and scale up their operations. Sylvia Mulinge, the Consumer Business Director at Safaricom, made this announcement during the ‘Be Your Own Boss (BYOB)’ regional summit that was recently held at the Mombasa Sports Club.
“So far over 30,000 young people have turned out for the previous five summits, and we are also glad to have given out Ksh. 2.9 million worth of business support to deserving ventures that have demonstrated potential to grow. It’s motivating to see the great innovative young minds we have in Kenya,” said Mulinge.
Mulinge further says the program intends to sign up at least two million users into the BYOB program by the time they hold their sixth regional summit. However, Mulinge says they already have at least one million youths signed up.
“In a couple of two weeks following Nairobi Summit, we are certain to hit the two million mark,” said Mulinge.
The telecom plans to hold its second BYOB summit in …read more