KCB to extend youth empowerment drive to East Africa markets

KCB Group CEO Paul Russo and Trust Merchant Bank SA (TMB) Oliver Meisenberg during the final sign-off ceremony event. [File, Standard]

KCB Group is scaling up its youth empowerment and job creation programme - 2Jiajiri - in Kenya as it also looks to extend it to other regional markets where the lender operates.

KCB Foundation will initially expand the programme to Tanzania, Uganda, Burundi and Rwanda before rolling it out in South Sudan and the Democratic Republic of Congo later this year. Launched in 2016, the 2jiajiri programme has created over 119,000 jobs. It focuses on formalising the informal sector and growing micro-enterprises to a place where they can employ an average of five other young people.