Nairobi County Announces Major Biashara Stimulus Programme to Revitalize Local Enterprises
Nairobi City County is set to launch a comprehensive Biashara Stimulus Programme aimed at revitalizing small businesses and informal sector enterprises recovering from recent economic challenges. The initiative, unveiled by Governor Johnson Sakaja, will provide targeted support to traders, artisans, and small-scale manufacturers across the capital through a combination of financial assistance, infrastructure upgrades, and business development services. The programme represents one of the most significant interventions by the county government to support grassroots enterprises that form the backbone of Nairobi’s economy.
The stimulus package includes multiple components designed to address the most pressing challenges facing small businesses. These include access to affordable credit through partnerships with financial institutions, modernization of market infrastructure, streamlined business licensing processes, and capacity building in digital literacy and financial management. Our small businesses are the engine of Nairobi’s economy, and this stimulus programme demonstrates our commitment to ensuring they not only recover but thrive. We’re creating an enabling environment where enterprises can access the tools they need to grow and create employment, stated Governor Sakaja during the programme’s announcement at City Hall.
The business community has welcomed the initiative, particularly the focus on simplifying regulatory requirements and improving market infrastructure. Traders from various city markets have expressed optimism that the programme will address long-standing challenges such as inadequate trading spaces and limited access to capital. For years, we have struggled with congested markets and complicated licensing procedures. This stimulus programme gives us hope that doing business in Nairobi will become easier and more profitable, said Jane Wanjiku, who operates a textile business in Gikomba Market.
The long-term success of the Biashara Stimulus Programme will depend on effective implementation and sustained engagement with business communities across Nairobi’s sub-counties. The county government has established a dedicated implementation team and will work closely with business associations to ensure the programme meets the specific needs of different sectors. This is not a short-term intervention but a sustained commitment to transforming Nairobi into a city where enterprise flourishes. We will continuously monitor the programme’s impact and make adjustments based on feedback from our business community, affirmed County Executive for Trade, Ms. Wanjiku Mbaru. With proper execution, the stimulus programme could significantly boost economic activity at the grassroots level and contribute to Nairobi’s post-pandemic recovery