President Uhuru Kenyatta is set to uplift the income of thousands of youth in a new project estimated to cost about Ksh24 billion.
Uhuru is set to launch the project dubbed Enabling Youths across the country aimed at spurring economic development for the youth.
Speaking at the Embu Agricultural Show on Sunday, March 15, Agriculture CS Peter Munya revealed that the project, which will be fully financed by the government, will involve techniques in agribusiness and agro-processing as well as value addition on farm produce.
The CS further disclosed that the president was set to launch the project, which will be managed by the Agricultural Finance Corporation (AFC) within a period of two weeks.President Uhuru Kenyatta and his German counterpart Frank-Walter Steinmeier interact with TVET students in Kiambu on Tuesday, February 25, 2020.PSCU
Munya stated that youth throughout the country would be empowered to engage in farming and manufacturing of agricultural products with the aim of enabling them to be self-employed.
This comes with a backdrop of seemingly rising employment levels in the countries with the year 2019 seeing several nationally-known companies, from retail to betting to the energy industry either laying off hundreds of employees or closing shop altogether.
This comes barely a months after the president, on February 25, signed a partnership with German President Frank-Walter Steinmeier for a Ksh4.3 billion youth empowerment vocational training programme.
Speaking at Kiambu Institute of Science and Technology (KIST), the president stated that the programme was a big boost for the country's development as the youth would be equipped with more competitive skills in the market.
“Today, our quest to foster skills development in Kenya once again gains greater momentum, as we unveil the partnership between the Government of Kenya and the Federal Republic of Germany,” stated Uhuru at the time.
Kitale National Polytechnic, Bumbe Technical Training Institute, Ekerubo Gietai and Ramogi Institute of Applied Science were named as beneficiaries of the project.President Uhuru Kenyatta signs the Finance Bill 2018 at State House, Nairobi.PSCU
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