Absa Bank sets aside Sh100b to empower small businesses over the next 3 years

Absa Bank Kenya Chief Executive Abdi Mohamed checks out wares during the bank's Annual Business Club Forum. [Courtesy]

Absa Bank Kenya has announced a Sh100 billion funding commitment to spur the development of Micro, Small and Medium Enterprises (MSME) across various value chains over the next three years.

The funding line is expected to improve the resilience of the sector by offering ready access to working capital, further cementing the bank's role in catalysing Kenya's economic growth and development.