KCB in deal with Meru county to train 400 youths - Capital Business
Connect with us

Hi, what are you looking for?

KCB Group CEO and MD Joshua Oigara/FILE

Banks

KCB in deal with Meru county to train 400 youths

NAIROBI, Kenya, October 11 – The KCB Foundation has signed a partnership with the Meru County Government that will enable 400 youth to be trained under the GIZ E4D programme over a period of 24 months. Under this agreement, for every youth KCB Foundation sponsors for technical training, the government of Meru will match and sponsor a youth.

The training will be provided through KCB Foundation’s 2jiajiri program that focuses on youth skills development and job creation through enterprise development.

The deal is part of a project by the German Development Cooperation to increase the employability and income generation of 3,500 Kenyan youth in the construction sector.

Speaking at the event, KCB Foundation Acting Chief of Party Caroline Wanjeri said: “We believe in the potential of our youths, and they are the majority in our population. Unfortunately, the biggest group of unemployed people are also the youths.”

She said KCB Foundation works through 2jiajiri programme to solve the problem of unemployment by training youths and giving them skills so that they can be self-employed.

On his part, the Governor of Meru Kiraitu Murungi noted: “The problem of youths is not only that they are unemployed, but that many of them are unemployable because they lack the right skills.”

He explained that he had championed the cause of creating employment for youths by starting various initiatives including founding Mitunguu Technical Training Institute and giving opportunities for youths to undertake contracts in the county. He gave an example where Meru Level 5 Hospital was painted by youths.

The Governor also commissioned the training of 140 beneficiaries at Mitunguu Technical Training Institute under the GIZ E4D programme.

Cumulatively, the partnership between KCB Foundation and GIZ puts together KES 300 million to provide technical and vocational skills training for the next three years. The funds will also support the provision of construction toolkits to 700 youth, to enable them to establish business enterprises in the construction sector.

Advertisement. Scroll to continue reading.

The partnership has been extended under the Employment and Skills for Development in Africa (E4D) programme commissioned by the German Federal Ministry for Economic Cooperation and Development (BMZ) and implemented by GIZ, and KCB Foundation’s 2jiajiri Programme, that seeks to create self-employment and establish enterprises among unskilled and semi-skilled youth in Kenya.

The programme will target a total of 60 percent male and 40 percent female, with a bias towards unskilled individuals previously working in the construction sector. The youth will be trained in masonry & brickwork, carpentry & joinery, plumbing & pipe work, electrical installation and welding & metalwork.

Previously, the 2jiajiri programme in partnership with E4D programme trained a total of 4,000 youth across seven counties from 2017-2019, in the subsectors of construction and agriculture. 580 youth from the construction cohort received toolkits from Bosch, under the partnership.

 

Advertisement

More on Capital Business

Banks

NAIROBI, Kenya, April 22 – Kenyan female entrepreneurs and startups have received a boost after KCB today announced a Sh4 billion (€30 million) kitty....

Kenya

NAIROBI, Kenya, Mar 21 – KCB Group shareholders will forfeit dividends following the lender’s net profit decline by eight percent to Sh37.5 billion for...

Banks

NAIROBI, Kenya, Mar 20 – The Kenya Commercial Bank (KCB) has entered into an agreement with Nigeria’s Access Bank to sell 100 percent of...

Banks

NAIROBI, Kenya, Mar 13 – The Kenya Commercial Bank (KCB) flagged fraudulent transfers of funds involving the Constituency Development Fund (CDF). According to a...

Banks

NAIROBI, Kenya, Feb 12 – The Kenya Commercial Bank (KCB) and Visa have rolled out two cards that target those earning above Sh300,000. The...

Finance

LONDON, UK, Dec 1 – Kenya Commercial Bank (KCB) Group has been named Best Banks of the Year during a gala dinner yesterday by...

Kenya

NAIROBI, Kenya, Oct 19 – High-net-worth individuals will access premium banking services at KCB Bank Kenya following the rollout of a World Elite Exclusive...

Banks

NAIROBI, Kenya, Aug 23 – KCB Group total assets grew 54 percent to Sh1.86 trillion in the six months to June this year, taking...