Ruto's Sh5 Billion Boost: 100,000 Kenyan Youths to Receive Business Grants

President Ruto Announces Sh5 Billion Grant for Young Kenyan Entrepreneurs Nairobi, Kenya – In a recent address, Kenyan President William Ruto announced a substantial economic empowerment initiative. He stated that 100,000 young Kenyans will receive a Sh50,000 grant each to jumpstart their businesses. The funds are expected to be disbursed within the next three months. "This is a crucial step in our commitment to youth development and economic growth," Ruto said during his speech. The initiative aims to stimulate entrepreneurship and reduce unemployment among young people. While the announcement is promising, questions remain about the application process, eligibility criteria, and the long-term sustainability of the program. Further details are expected to be released by the government in the coming weeks. The initiative represents a significant investment in Kenya's youth and their potential to drive economic progress. The success of this program will be closely monitored.