NAIROBI (Xinhua) --
Kenya has launched an online portal to
enhance service delivery in the cooperative sector that has been
grappling with under-performance linked to slow uptake of
technology, governance hiccups and a deficit in skilled
for Industry, Trade and Cooperatives Adan Mohamed said
digitization of savings and credit societies will improve their
competitiveness and appeal to investors.
“The government has
prioritized adoption of information and communication technology
(ICT) as an enabler to growth of cooperative industry. The
launch of an online portal is expected to promote efficient
service delivery among cooperative organizations,” Mohamed said.
The east African
nation has one of the most vibrant cooperative sectors in the
region, whose contribution to the gross domestic product is
estimated at 48 percent.
Mohamed said the
government is finalizing development of a national cooperative
development policy that is expected to transform the sector
through technology adoption and skills upgrade.
“We are proposing
large-scale use of appropriate digital tools to boost
performance of savings and credit schemes that are a huge source
of employment and revenue to the exchequer,” said Mohamed.
He noted that
automation of cooperative organizations will boost transparency
and eliminate backlog that undermined performance of the analog
benefits of digitizing cooperative sector include an efficient
registration process, easier monitoring and reduction of
red-tape,” Mohamed said.
He noted that
enactment of robust policies and legislation has facilitated
growth of Kenya’s cooperative movement, which is currently
ranked the seventh best in the world.
incorporated the cooperative sector in its national poverty
alleviation and employment strategies.
Cooperatives Mary Mungai said the savings and credit societies
are an integral part of Kenya’s economic revival plan.
societies remain part of the government’s economic growth
strategy, especially in areas of employment creation and poverty
eradication,” Mungai said.