MINISTRY OF INVESTMENTS, TRADE AND INDUSTRY (MITI) TENDER AUGUST 2025
STATE DEPARTMENT FOR INVESTMENT PROMOTION (SDIP)
WORLD BANK ECONOMIC TRANSFORMATION (KJET) PROJECT
INVITATION TO TENDER |
RECRUITMENT ANNOUNCEMENT – INDIVIDUAL PROJECT EXPERTS (RE-ADVERTISEMENT)
BACKGROUND
The Governments Bottom-up Economic Transformation Agenda (BETA) has placed significant focus on the Micro, Small and Medium Enterprises (MSME) Sector by prioritizing financial inclusion for MSMEs, value chain approach to MSME products as well as sustainable job creation through the sector.
In this endeavor, the Government of Kenya (GOK), with the support of World Bank, is implementing the Kenya Jobs and Economic Transformation (KJET) Project, a significant initiative aimed at addressing key constraints within government and market systems that hinder the creation of high-quality jobs and the adoption of environ- mentally sustainable practices by Micro. Small, and Medium Enterprises (MSMEs).
The Project’s objective is to address gaps and market failures that prevent high quality job creation and adoption of green practices by Miao Medium and Small Enterprises (MSMEs), including burdensome and costly regulatory frameworks, inadequate Foreign Direct Investment (FDI) promotion, coordinating failures between buyers and suppliers, information asymmetries with respect to capabilities and market requirements, as well as externalities related to climate change.
Its first component Strengthening Business and Investment Enabling Reform will address prioritized Business Regulatory and Investment Policy and Promotion reforms to support private sector growth, through a combination of diagnostics, legal and regulatory reforms, institutional capacity development, and integration of a One Start One Stop (OSOS) digital platform. Throughout implementation, special focus will be given to regulatory constraints faced by exporters and priorities for attracting export oriented Foreign Direct Investment (FDI)
The third component Scaling Up Green Financing and Strengthening Climatic Resilience for SMEs is aimed at mobilizing green private capital to support adoption of green technologies through setting up an agile, patient financing structure to crowd in private capital, especially by medium businesses. It will further pilot an innovative instrument to support SMEs in managing compound climatic shocks. The flagship of this component is the Green Investment Fund (GIF), an Alternative Investment Vehicle, providing risk-adjusted, long-term, patient capital, including equity and mezzanine financing to climate resilient SMEs in Kenya and the greater East African Community. Investment focus sectors will be Cleaner Energy and Material Efficiency and Environmental Resources with priority in Transport (electric vehicles). Building Efficiency, Sustainable Agriculture and Waste Management It targets to create 45,000 jobs to Kenyans, including at least 6,800 for women through new or improved job opportunities.
Both components will be anchored within the State Department of Investment Promotion (SDIP) and implemented under the Ministry of Investments, Trade and Industry (MITI)
The State Department for Investment Promotion (SDIP) is therefore seeking to recruit Two (1) individual project experts who will be responsible for coordinating the World Bank KJET Project (KDC component)
The consulting services in summary include
- Green and climate finance expert.
- i)Technical support to KDC to build capacity on all aspects of green economy eco-system including green financing, green taxonomy, carbon markets, green standards and procedures as it implements the KJET project
- ii)Guide KDC in identifying, developing and implementing green financing strategies and tailored products while ensuring alignment with environmental sustainability goals, relevant regulatory frameworks and green finance principles
iii) Support KDC and SDIP in mobilizing international and domestic climate finance, building internal capacity and building strategic partnership to advance its green finance agenda.
- iv)Applications are invited from suitably qualified KENYAN candidates for the advertised vacant positions shown.
HOW TO APPLY
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