President Uhuru Kenyatta and Deputy President William Ruto on Sunday 8th September launched the Sh6 billion Uwezo Fund, a culmination of the Jubilee
Coalition’s pledge of propelling the youth and women to the centre of
national prosperity.
Speaking during the launch of the Fund in
Nairobi, the President said the Government was not merely disbursing
money to the youth but incubating enterprise.
“We are catalysing
innovation. We are promoting industry. We are employing the youth.
And we are growing the economy,” President Kenyatta said.
He
added: “Every encounter between the Jubilee Coalition and the young
people of Kenya never fails to produce spectacular national
transformation. This launch is another such encounter.”
The
President assured the youth that his Government will keep its promise
and not allow any obstacle to be an excuse to neglect them at their hour
of need. He said the greatest single asset the country has is its young
people and that is why the Jubilee Coalition is empowering them to play
their role in nation building effectively.
“Where there is no
way, we shall make it. That is why I invite every young person in Kenya
to get ready for action, and to join the national conversation. My
Government is your friend. The Jubilee Coalition is your collaborator,”
he told the youth.
Deputy President Ruto said the Uwezo Fund
would mainstream the youth and women in development by enabling them to
access capital to start businesses.
Youth and talent
The
Deputy President said the Jubilee Government is also expanding the
education curriculum to grow the talent of young people and give them an
opportunity to participate effectively in nation building.
“If
we are to succeed in growing the economy by double digit, we have to tap
the talent, the expertise and capabilities of the youth and women,” the
Deputy President said.
President Kenyatta expressed confidence
that the Fund would initiate a 'multiplier effect' throughout the
economy, as a new stream of entrepreneurs unleash energy into various
sectors.
President Kenyatta said with the Fund in place,
agribusiness and digital innovation would be revamped to enable the
youth to play their role in accelerating economic growth. The President
said he would personally recognise and interact with exemplary projects
every year.
The President advised the youth to work with the
Management Steering Committee of the Uwezo Fund to ensure transparency
and equity in disbursement of the Fund.
The funds will be
disbursed directly to beneficiaries through the Constituency Development
Fund framework, under the administration of committees that has been
established at each constituency.
The Head of State rooted for
close partnership between the Jubilee Coalition and the youth. He said
Government will focus on a consistent engagement with young people to
transform the country.
“Let us continue our conversation and
partnership. Please go forth and accomplish your dreams,” President
Kenyatta urged the youth.
The President said Government will,
through universities, colleges and institutes of technology, equip the
youth with requisite skills to service a modern economy.
He
disclosed that a nationwide audit of skills and competencies will be
conducted to help align training opportunities and resources with the
country's actual needs at the national and county levels. A policy on
internship is being developed to avail on-the-job training for all
college students who need it, the President added.
“The challenge
here is establishing a set of incentives for industries and businesses
to respond positively. But conversation with stakeholders is underway,”
he said.
President Kenyatta said the youth-specific affirmative
action in Government procurement to enable enterprises run by young
people participate in development is also being effected already. He
directed that the issue of 30 per cent allocation of all Government
procurement to the youth should be adhered to, warning those who will
fail to effect the directive will be sacked.
He said Government will set up centres of innovation to support the emerging generation of highly talented, innovative Kenyans.
The
President thanked the young people of Kenya for their unstinting
support and stupendous energy that they lent the Jubilee Coalition.
“You
brought us into Government. Already, you have made a significant
contribution to national transformation. We have first-hand,
incontestable proof of what young people can achieve when given an
opportunity,” the President said.
He said Government will consistently tackle the challenges inhibiting the youth from exploiting their talents.
-Mwakilishi