| Financier | Commitments |
|---|---|
| IDA Credit | 150.00 |
Kenya Jobs and Economic Transformation (KJET) Project
Abstract*
To improve private sector access to markets and finance to create and improve jobs.
This will be accomplished via 3 main components:
1. Component 1: Strengthening Business and Investment Enabling Reforms - This components will target government failures in the business regulatory and FDI environment via diagnostics related to risk-based regulatory approaches and FDI policy and promotion at the national, county, and value chain levels, followed by... Show More
Development Objective
To increase private sector investments, access to markets and sustainable finance to create and improve jobs
Key Details
Project Details
P179381
Active
Ahmed Rostom , Asta Bareisaite, Leah Kiwara
Republic of Kenya
August 3, 2023
(as of board presentation)
December 11, 2023
July 9, 2024
US$ 225.00 million
Ministry of Co-operatives and Micro, Small and Medium Enterprises (MSME) Development,Ministry of Investment, Trade, and Industry
2024
US$ 150.00 million
N/A
May 24, 2023
December 31, 2028
TBD
BANK APPROVED
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | N/A |
| IDA Commitment | 150.00 |
| IBRD + IDA Commitment | 150.00 |
| Lending Instrument | |
|---|---|
| Grant Amount | N/A |
| Total Project Cost** | 225.00 |
Summary Status of World Bank Financing (US$ Millions) as of February 28, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Dec 11, 2023 | IDA-74500 | Loan Commitment | 150,000,000.00 |
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Overall Implementation Progress (IP) | Satisfactory | 2024-11-25 |
| Project Management | Satisfactory | 2024-11-25 |
| Financial Management | Satisfactory | 2024-11-25 |
| Progress towards achievement of PDO | Satisfactory | 2024-11-25 |
| Procurement | Satisfactory | 2024-11-25 |
| Monitoring and Evaluation | Satisfactory | 2024-11-25 |
COMPLETION RATINGS
No data available.
INDEPENDENT EVALUATION RATINGS
No data available.
Results Framework
No data available.