Kenya Industry and Entrepreneurship

Abstract*

The development objective of the Industry and Entrepreneurship Project for Kenya is to increase innovation and productivity in select private sector firms. It has three components. First component, strengthening the innovation and entrepreneurship ecosystem aims to improve the survival and growth rates of technology-enabled startups in Kenya through a stronger innovation and entrepreneurship ecosystem and talent base; Second component, SME linkages... Show More

Development Objective

Increase innovation and productivity in select private sector firms

Key Details

Project Details

Project ID
P161317
Status
Active
Team Leader
Sameer Goyal , Elizabeth Kibaki
Borrower 2
National Treasury

Country
Kenya
Disclosure Date
August 29, 2017
Approval Date
(as of board presentation)
June 15, 2018
Effective Date
November 28, 2018

Total Project Cost 1
US$ 50.00 million
Implementing Agency
Ministry of Investment, Trade and industry,Ministry of Investment, Trade and industry
Region
Eastern and Southern Africa
Fiscal Year 3
2018

Commitment Amount
US$ 50.00 million
Environmental Category
B
Environmental and Social Risk
Not Applicable
Closing Date
June 30, 2025

Consultant Services required
Yes
Last Stage Reached
BANK APPROVED
Last Update Date
June 6, 2024

Notes
1. Total project cost includes funding from World Bank and non-bank sources in US$ millions. Active and Closed projects show current commitments. Proposed (pipeline) and dropped projects show the forecast amount. The commitment amount for projects in the pipeline is indicative and may be modified during the project preparation.
2. Borrower refers to the Borrower of a Loan or Recipient of a Grant.
3. ”Fiscal Year” is the fiscal year in which the project was approved (or dropped if the status is dropped). The World Bank's fiscal year is from July 1 - June 30. For example, a fiscal year of 1996 corresponds to July 1, 1995 - June 30, 1996.

Sectors

Themes

FY17 - Human Development and Gender

FY17 - Gender76%
FY17 - Labor Market Policy and Programs59%
- FY17 - Skills Development59%

FY17 - Private Sector Development

FY17 - Business Enabling Environment100%
- FY17 - Innovation and Technology Policy100%
FY17 - Enterprise Development100%
- FY17 - Entrepreneurship59%
- FY17 - MSME Development48%
FY17 - Jobs59%
- FY17 - Job Creation59%

Project Map

Interactive Map

Finances

Financing Plan (US$ Millions)

Financier	Commitments
IDA Credit	50.00

Total Project Financing (US$ Millions)

Product Line	IBRD/IDA
IBRD Commitment	N/A
IDA Commitment	50.00
IBRD + IDA Commitment	50.00

Lending Instrument
Grant Amount	N/A
Total Project Cost**	50.00

Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025

No data available.

Detailed Financial Activity as of March 31, 2025

Download:

Period	Financier	Transaction Type	Amount (US$)
Mar 15, 2022	IDA-62680	Int Charges	206.31
Mar 15, 2022	IDA-62680	Int Charges	11,366.73
Mar 15, 2022	IDA-62680	Int Charges	11,366.73
Mar 15, 2022	IDA-62680	Int Charges	10,119.33
May 26, 2022	IDA-62680	Loan Disb	704,334.50
Feb 25, 2022	IDA-62680	Loan Disb	45,064.41
Feb 22, 2021	IDA-62680	Loan Disb	613,912.00
May 26, 2021	IDA-62680	Loan Disb	101,546.16
Sep 15, 2021	IDA-62680	Int Charges	542.70
Sep 15, 2021	IDA-62680	Int Charges	10,742.61
Sep 15, 2021	IDA-62680	Int Charges	10,742.61
Sep 15, 2021	IDA-62680	Int Charges	9,374.82
Aug 20, 2021	IDA-62680	Loan Disb	222,222.47
Mar 17, 2020	IDA-62680	Int Charges	6,010.72
Mar 17, 2020	IDA-62680	Int Charges	6,010.72
Mar 17, 2020	IDA-62680	Int Charges	5,215.87
Nov 18, 2020	IDA-62680	Loan Disb	29,880.48
Mar 16, 2021	IDA-62680	Int Charges	252.72
Mar 16, 2021	IDA-62680	Int Charges	8,490.02
Mar 16, 2021	IDA-62680	Int Charges	8,490.02
Mar 16, 2021	IDA-62680	Int Charges	7,036.35
Aug 14, 2020	IDA-62680	Loan Disb	204,344.31
Sep 15, 2020	IDA-62680	Int Charges	6,323.70
Sep 15, 2020	IDA-62680	Int Charges	165.86
Jun 27, 2019	IDA-62680	Loan Disb	1,593,060.00
Feb 11, 2020	IDA-62680	Loan Disb	113,410.82
Sep 15, 2019	IDA-62680	Int Charges	2,523.32
Sep 15, 2019	IDA-62680	Int Charges	2,523.32
Sep 15, 2019	IDA-62680	Int Charges	2,254.17
Apr 30, 2020	IDA-62680	Loan Disb	94,480.19
Jun 15, 2018	IDA-62680	Loan Commitment	50,000,000.00
Feb 15, 2024	IDA-62680	Loan Disb	704,753.30
Mar 15, 2024	IDA-62680	Int Charges	302.46
Mar 15, 2024	IDA-62680	Loan Repay	743,964.20
Mar 15, 2024	IDA-62680	Int Charges	46.50
Mar 15, 2024	IDA-62680	Int Charges	46.50
Mar 15, 2024	IDA-62680	Int Charges	41.54
Mar 15, 2024	IDA-62680	Int Charges	19,316.68
Mar 15, 2024	IDA-62680	Int Charges	19,316.68
Mar 15, 2024	IDA-62680	Int Charges	16,410.24
Jun 25, 2024	IDA-62680	Loan Disb	237,706.23
May 6, 2024	IDA-62680	Loan Disb	603,876.50
Aug 26, 2024	IDA-62680	Loan Disb	791,794.30
Mar 11, 2024	IDA-62680	Loan Cancel	21,336,900.00
Nov 27, 2023	IDA-62680	Loan Disb	102,686.06
Jun 18, 2024	IDA-62680	Loan Disb	750,671.70
May 11, 2023	IDA-62680	Loan Disb	580,904.06
Sep 18, 2023	IDA-62680	Int Charges	18,466.83
Sep 18, 2023	IDA-62680	Int Charges	18,466.83
Sep 18, 2023	IDA-62680	Int Charges	16,200.73
Mar 15, 2023	IDA-62680	Int Charges	14,702.00
Mar 15, 2023	IDA-62680	Int Charges	14,702.00
Mar 15, 2023	IDA-62680	Int Charges	13,071.55
Aug 17, 2023	IDA-62680	Loan Disb	273,686.06
May 25, 2023	IDA-62680	Loan Disb	698,231.75
Sep 18, 2023	IDA-62680	Int Charges	62.47
Sep 18, 2023	IDA-62680	Loan Repay	728,731.06
Oct 5, 2022	IDA-62680	Loan Disb	155,103.84
Sep 15, 2022	IDA-62680	Int Charges	31.72
Sep 15, 2022	IDA-62680	Int Charges	12,286.81
Sep 15, 2022	IDA-62680	Int Charges	12,286.81
Sep 15, 2022	IDA-62680	Int Charges	10,976.19
Mar 2, 2023	IDA-62680	Loan Disb	121,349.91
Nov 29, 2021	IDA-62680	Loan Disb	255,509.16
Sep 15, 2020	IDA-62680	Int Charges	7,360.61
Sep 15, 2020	IDA-62680	Int Charges	7,360.61
Nov 15, 2019	IDA-62680	Loan Disb	55,849.28

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name	Review	Date
Progress towards achievement of PDO	Moderately Satisfactory	2025-02-10
Project Management	Moderately Satisfactory	2025-02-10
Financial Management	Moderately Satisfactory	2025-02-10
Monitoring and Evaluation	Moderately Satisfactory	2025-02-10
Overall Safeguards Rating	Satisfactory	2025-02-10
Overall Implementation Progress (IP)	Moderately Satisfactory	2025-02-10
Procurement	Moderately Unsatisfactory	2025-02-10

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

Number of select firms with a developed innovation Value 0.00 0.00 60.00
Date November 20, 2017 June 28, 2024 June 30, 2025
Comment
Number of select firms experiencing an increase in productivity Value 0.00 0.00 20.00
Date November 20, 2017 June 28, 2024 June 30, 2025
Comment
Firms benefiting from private sector initiatives Value 0.00 0.00 1457.00
Date November 20, 2017 June 28, 2024 June 30, 2025
Comment
Of which are women-owned Value 0.00 0.00 139.00
Date November 20, 2017 June 28, 2024 June 30, 2025
Comment

INTERMEDIATE RESULTS INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

Beneficiary satisfaction with incubator and accelerator services (citizen engagement indicator) Value 0.00 0.00 70.00
Date November 20, 2017 June 28, 2024 June 30, 2025
Comment
Number of individuals trained Value 0.00 0.00 2891.00
Date November 20, 2017 June 28, 2024 June 30, 2025
Comment
Number of beneficiary SMEs with above average revenue growth Value 0.00 0.00 11.00
Date November 20, 2017 June 28, 2024 June 30, 2025
Comment
Percentage of technology bootcamp graduates that are women Value 0.00 0.00 35.00
Date November 20, 2017 June 28, 2024 June 30, 2025
Comment
Of which female Value 0.00 0.00 517.00
Date November 20, 2017 June 28, 2024 June 30, 2025
Comment

Number of select firms with a developed innovation	Value	0.00	0.00	60.00
	Date	November 20, 2017	June 28, 2024	June 30, 2025
	Comment

Of which are women-owned	Value	0.00	0.00	139.00
	Date	November 20, 2017	June 28, 2024	June 30, 2025
	Comment

Number of individuals trained	Value	0.00	0.00	2891.00
	Date	November 20, 2017	June 28, 2024	June 30, 2025
	Comment

Of which female	Value	0.00	0.00	517.00
	Date	November 20, 2017	June 28, 2024	June 30, 2025
	Comment

Kenya Industry and Entrepreneurship

Abstract*

Development Objective

Key Details

Project Details

Sectors

Themes

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Project Map

Finances

Financing Plan (US$ Millions)

Total Project Financing (US$ Millions)

Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025

Detailed Financial Activity as of March 31, 2025

Ratings

IMPLEMENTATION RATINGS

COMPLETION RATINGS

INDEPENDENT EVALUATION RATINGS

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INTERMEDIATE RESULTS INDICATORS