Sharp Daily
No Result
View All Result
Friday, June 27, 2025
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
Sharp Daily
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
No Result
View All Result
Sharp Daily
No Result
View All Result
Home News

Kenya Power ramps up procurement for youth, women and PWDs

Brian Murimi by Brian Murimi
April 5, 2024
in News
Reading Time: 1 min read

Kenya Power has significantly increased the amount of procurement contracts awarded to businesses owned by youth, women, and people with disabilities (PWDs) over the past year.

In the current financial year, the company has awarded tenders worth KES 609 million to these special interest groups – nearly 2.5 times the 244 million shillings awarded during the same period last year.

“The increased uptake of these AGPO tenders is a result of the deliberate effort by the Company to sensitize the target groups on the procurement opportunities available,” said Dr. Jonn Ngeno, Kenya Power’s General Manager of Supply Chain and Logistics.

The company has set aside 1.8 billion shillings in its current procurement budget specifically for businesses owned by youth, women and PWDs under the government’s Access to Government Procurement Opportunities (AGPO) program.

RELATEDPOSTS

Let’s power rural Kenya’s economic revival

April 29, 2025

Kenya Power targets 150,000 new customers in Phase VI of last mile project

April 9, 2025

Of the 609 million shillings awarded so far, businesses owned by youth received the largest share at KES 472.9 million, followed by KES 135.5 million for women-owned firms and 646,700 for PWD-owned enterprises.

To further drive uptake, Kenya Power has held sensitization workshops across the country to educate special interest groups on how to participate in the company’s procurement processes. The firm is also working with financial institutions to help these businesses access the necessary funding to bid on and fulfill AGPO contracts.

“We are keen to maintain liaison with leading financial institutions to offer financial support to bidders under the AGPO category,” Dr. Ngeno explained. “Most of these institutions also participate in our sensitization forums where they get to meet the bidders and offer tailor-made financial solutions to boost their capacity to bid.”

The increased focus on special interest groups comes as part of a broader effort by Kenya Power to fulfill its mandate and meet the country’s growing electricity demand. The company operates a transmission and distribution network spanning over 306,000 kilometers across Kenya.

Previous Post

Capital markets: A crucial component for economic growth

Next Post

KPMDU issues ultimatum: Doctors’ strike to escalate unless demands met

Brian Murimi

Brian Murimi

Brian Murimi is a journalist with major interests in covering tech, corporates, startups and business news. When he's not writing, you can find him gaming, watching football or sipping a nice cup of tea. Send tips via bireri@thesharpdaily.com

Related Posts

Investments

Investor shift to long term bonds drives oversubscription in CBK’s reopened auction

June 19, 2025
News

The real price of Israel – Iran Conflict for Kenya.

June 19, 2025
Economy

Resilient but strained: Kenyan firms speak out in May 2025 CEO survey.

June 19, 2025
News

Co-op Bank posts KES 6.9 billion profit in Q1’2025

May 16, 2025
Agriculture And Economy
News

Lets get Kenya out of FATF list

May 9, 2025
News

The downside of Impact Investing

May 2, 2025

LATEST STORIES

The mechanics of currency manipulation

June 27, 2025

Understanding how to access your pension savings in Kenya.

June 27, 2025

What happened to president Ruto’s economic dream?

June 27, 2025

Opinion: Populism feeds votes, not growth

June 27, 2025

Competitive advantages of small businesses

June 26, 2025

Opinion: Invest in sports for national prosperity

June 26, 2025

Ethiopia’s access to Eritrean ports is a game-changer for trade

June 26, 2025

The importance of internships and mentorship for young graduates: Insights from Cytonn Young Leaders Programme

June 26, 2025
  • About Us
  • Meet The Team
  • Careers
  • Privacy Policy
  • Terms and Conditions
Email us: editor@thesharpdaily.com

Sharp Daily © 2024

No Result
View All Result
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team

Sharp Daily © 2024