Standard Chartered Launches RISE Employability Programme in Kenya

Standard Chartered has announced the launch of its Futuremakers 2.0 Employability Programme, named RISE (Ready for Sustainable Inclusive Employability).

This initiative, undertaken in partnership with Sightsavers and Light for the World, represents the second phase of the bank’s inclusive employability efforts under the Futuremakers 2.0 Strategy.

The three-year programme, running from April 2024 to March 2027, involves an investment of USD 1,029,402 (KES 133 million) funded by the Standard Chartered Foundation.

RISE aims to support young people, both with and without disabilities, in entering the labour market and securing sustainable employment, whether waged or self-employment.

A significant goal of the programme is to strengthen the labour market system to amplify its results. Over the programme’s duration, 2,000 young job seekers and job creators will be enrolled, with a targeted outcome of 605 participants securing decent employment or remaining in self-employment six months post-programme.

Kariuki Ngari, Managing Director and CEO of Standard Chartered Kenya and Africa, highlighted the importance of economic participation for community prosperity. “Increasing economic participation creates thriving communities. Enhancing access to jobs can assist in reducing inequality and boost prosperity. To maximise our ability to help in this transition, we have taken a stand to lift participation and promote economic inclusion through our Futuremakers by Standard Chartered initiative,” Ngari stated. “We hope to develop a talent pool of diversely skilled, employment-ready young people who are fit for the future workplace.”

The RISE programme reflects Standard Chartered’s commitment to fostering inclusive economic growth and reducing inequalities by providing critical support and opportunities for young people to thrive in today’s competitive job market.

By Ann Nyambura