KCB Bank Kenya has signed a deal with the Ministry of Education to enhance green financing for Technical and Vocational Education Training institutions (TVETs) across the country.
The partnership, through the State Department for Technical and Vocational Training (TVET), will enable the Bank to facilitate green financing for institutions nationwide, unlocking sustainable and reliable energy solutions for the technical institutes.
This will directly benefit thousands of young people in TVETs by giving them improved learning environments, more stable power for training, as well as increased exposure to modern green technologies.
KCB-Ministry of Education TVET financing partnership
Speaking during the signing ceremony in Nairobi, KCB Bank Kenya Managing Director Mrs Annastacia Kimtai said:
“KCB is keen to work with like-minded partners to deepen the green agenda and financial inclusion. This collaboration, therefore, underscores our continued commitment to empowering the next generation with the skills and sustainable infrastructure they need to thrive in a rapidly evolving economy.”
The deal will see the KCB Bank grow its green energy financing portfolio under learning institutions, as part of ecosystem banking.
On her part, the Permanent Secretary for the State Department of Technical and Vocational Training (TVET), Dr Esther Thaara Muoria, reaffirmed the government’s commitment to enhancing the capacity of TVETs and also welcomed the collaboration as a key step toward expanding green infrastructure in learning institutions.
In addition, the KCB Foundation Director, Mendi Njonjo, said:
“This agreement will see the Bank grow its support for green innovation within the education sector, ensuring that institutions are better equipped to adopt clean energy and contribute to national sustainability goals.”
The event was also attended by the Head of SME Banking and Agribusiness, Naomi Ndele, the Head of Sustainable Finance, Eric Naivasha, alongside other sector stakeholders and KCB staff.
