The informal sector in Sub-Saharan Africa is a booming and prominent part of national economies. It provides goods and services to both urban and rural communities, and plays a complimentary role by filling gaps the government and private sector fail to fill (Rohregger, et al., 2021). Governments' inability to increase employment opportunities, an overwhelming lack of international competition in the private sector and low levels of education and training have all attributed to the informal sector’s dominance over the formal sector in Sub-Saharan Africa (Turkson, Amissah, & Gyeke-Dako, 2020).
Starting a business is not an easy feat. That’s why we’ve compiled a list of resources that tackle the most common challenges entrepreneurs face, from securing funding sources to registering a business. Read on to get insight into what it takes to be a business owner in Kenya!
We have exciting news. This September, Mkono is taking part of GlobalGiving’s Little x Little Matching Campaign. From September 12, 2022 to September 16, 2022, you and anybody you know can donate directly here. For more information, read on.
Last spring, we welcomed Joseph Ombam as our Kenya Growth Catalyst Consultant. Recently, we sat down with him to get to know him better. In this interview, Joseph shares his background, goals in his new role, and thoughts on Mkono’s impact.
On July 19th, as part of our 3-year anniversary, Mkono held its first guest speaker event. During the hour-long presentation, our volunteers heard from two entrepreneurs–Zia (Zia Africa) and Joseph (House of Asaa)– about their businesses and the impact Mkono has had on them. Here are a few highlights that made the event so special!