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Kenyan MSMEs in renewable energy to benefit from Sh500m Swedish investment

Africa Enterprise Challenge Fund Chief Executive Officer Victoria Sabula, Director of Renewable Energy Ministry of Energy and Petroleum Eng Dan Marangu and Embassy of Sweden in Kenya Head of Development Cooperation Marie Ottosson as they launched 4 year, 2nd Renewable Energy and Climate Technologies Kenya programme at a Nairobi hotel, on March 11, 2025. [Jenipher Wachie, Standard]

Kenyan micro, small and medium enterprises (MSMEs) in the renewable energy sector are set to benefit from Sh500 million in funding from the Swedish government.

Speaking during the launch of the second Renewable Energy and Climate Technologies Kenya programme (REACT) in Nairobi, the Swedish Embassy in Kenya-led by the Head of Development Cooperation, Marie Ottosson-highlighted that the Energy for Green Growth programme aims to invest in innovative business ideas such as the circular economy and the productive use of energy.

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