Joshua Oigara, Chief Executive of Stanbic Bank Kenya & South Sudan, presents a computer to Governor Simba Arati of Kisii County as part of a broader computer donation, launching a digital skills initiative for local youth and businesses.
Stanbic Bank Kenya, in collaboration with the Stanbic Kenya Foundation and the Kisii County Government, has announced a transformative partnership aimed at empowering the youth, women, and small businesses in Kisii. This new initiative is set to deliver a suite of innovative training programs, improve access to finance, and expand market linkages, all designed to foster economic growth and development in the region.
The collaboration will see Stanbic Bank Kenya spearheading digital skills and entrepreneurship training. This training is intended to equip participants with the necessary skills to capitalize on new economic opportunities. In addition to this educational component, the initiative will provide local enterprises with better access to financial resources and broader market exposure, creating a more dynamic business environment in Kisii.
Joshua Oigara, Chief Executive of Stanbic Bank Kenya & South Sudan, expressed enthusiasm for the partnership: “We are excited to work alongside the Kisii County Government to nurture a vibrant ecosystem of innovation and enterprise. Our goal is to equip our youth and women with the skills and opportunities they need to succeed, thereby fueling economic growth and community development across the region.”
The program will leverage advanced ICT solutions to support sectors crucial for sustained growth in Kisii County, including tourism and logistics. A significant aspect of the initiative includes the donation of computers, which aims to strengthen the county’s digital infrastructure and enhance accessibility to technological resources.
Governor of Kisii County Simba Arati and Joshua Oigara, Chief Executive of Stanbic Bank Kenya & South Sudan, seal a partnership to boost digital literacy and economic growth in Kisii County.
H.E. Simba Arati, Governor of Kisii County, highlighted the strategic advantages of the initiative: “This partnership with Stanbic Bank Kenya and its Foundation marks a milestone in our quest for sustainable economic growth. By investing in our people and their entrepreneurial spirit, we are not only generating employment but also cultivating a culture of innovation that will sustain our community’s growth well into the future.”
This initiative aligns with Stanbic Bank Kenya’s broader commitment to economic empowerment and community development. The focus on areas such as youth engagement, women’s empowerment, and support for small businesses reflects the bank’s dedication to fostering a more inclusive and prosperous society.
Pauline Mbayah, Head of the Stanbic Kenya Foundation, elaborated on the strategic goals of the partnership: “Our aim is to create a platform that not only addresses the immediate financial and educational needs of Kisii’s population but also builds long-term capacity for growth and innovation. By aligning our efforts with the needs of the community, we are ensuring that this partnership delivers sustainable benefits across the board.”
Furthermore, the partnership will explore innovative financing models and business support services tailored to the specific needs of micro, small, and medium-sized enterprises (MSMEs) in the region. These efforts are designed to integrate these businesses into larger corporate and governmental value chains, providing them with a stable foundation for growth and expansion.
This strategic collaboration signifies a pivotal step in enhancing economic opportunities and advancing community development in Kisii County, setting a benchmark for similar initiatives across Kenya.