On 29 March 2017, the Kenya National Chamber of Commerce & Industry (KNCCI) launched the Working Policy Framework towards Micro, Small & Medium-sized Enterprises (MSMEs) Development in Oil & Gas Counties and officially handed it over to the PS Ministry of Industry, Trade and Cooperative Betty Maina and the Council of Governors for implementation. Gracing the event was Kenya Business Guide, which works directly with KNCCI technical team and executive committee in the development of research and policy documents.
This framework will assist the country come up with mechanisms that will assist micro, small and medium-sized enterprises transform the short-term benefits of oil and gas sectors into long term development, industry stakeholders said during the launch. The Kenya Business Guide directly contributed to the document’s contents through the co-development of the five-point policy framework for MSME Development that the KNCCI co-opted into this particular framework for the Oil & Gas Sector.
A Policy Brief providing a general overview of the MSME sector in Kenya and highlighting the working five-point policy framework for MSME Development will be released by the Kenya Business Guide, Strathmore Business School and the Kenya National Chamber of Commerce and Industry in April 2018.