British Deputy High Commissioner Susie Kitchens yesterday attended the launch of a report by the Overseas Development Institute which seeks to integrate Micro Small and Medium Enterprises (MSMEs) into the economic ecosystem yesterday.
Speaking at the launch, Ministry of Trade, Industry and Cooperatives Cabinet Secretary Peter Munya said the Kenyan government was committed to policies that will support MSME growth such as tax breaks, work space, skills and access to finance.
The report, which was commissioned by the Executive Office of the President in partnership with State Department for Industrialization, analysed the textile, garments and leather value chains with a focus in MSMEs and their linkages with large companies.
Also speaking at the launch, Investing in Africa Country Director, Wangeci Muriuki discussed how they are helping build private sector partnership initiatives that enable trade between MSMEs and large corporations and multinationals.
Commenting on the launch, Ms Kitchens said: “SMEs are the backbone of the economy and the biggest generator of jobs,” and added that the British High Commission, British Council Kenya and British Chamber of Commerce Kenya are all partnering to support their growth.