BUSINESSECONOMYFEATURED STORYNEWS

I&M Group Plc partners with B Lab Africa to Support SMEs

Share
ILeft to right, Shameer Patel – Director, Retail & Business Banking, I&M Bank and Lucy Muigai – CEO, B Lab Africa engage in conversation moments before the official MoU signing ceremony.
Left to right, Shameer Patel – Director, Retail & Business Banking, I&M Bank and Lucy Muigai – CEO, B Lab Africa engage in conversation moments before the official MoU signing ceremony.
Share

I&M Group Plc has announced a partnership with B Lab Africa to upskill Small and Medium Enterprises (SMEs) through the Resilient Sustainable Business (RSB) program.

The RSB program run by B Lab Africa, is a nine-week blended learning experience designed to equip SMEs with expert guidance needed to integrate environmental, social, and governance (ESG) practices into their core strategies as well as practical tools and frameworks, to build resilient, sustainable, and future-ready business models.

The programme is scheduled to commence in March 2026 and targets established businesses with annual revenues between KSh 6 million and KSh 120 million and teams of 10 to 100 employees.

These are enterprises that have moved beyond proof of concept and are now scaling operations, expanding market reach, and strengthening internal infrastructure.

Through this initiative, I&M Bank aims to strengthen the capacity of SMEs within its ecosystem, supporting their transition towards more sustainable and resilient operations.

The programme aligns with I&M Bank’s broader commitment to enabling long-term growth within Kenya’s SME sector.

I&M Bank Director Retail & Business Banking Shameer Patel said, “We are delighted to continue empowering our SME clients through this transformative partnership with B Lab Africa. Through this collaboration, we are intentionally investing in building stronger, more resilient SMEs that are equipped to adapt to evolving market dynamics and create sustainable long-term value. The programme will not only strengthen their operational resilience but also unlock new opportunities for inclusive and sustainable growth.”

The initiative aims to nurture a new generation of African businesses that measure success not only by financial returns, but also by clear environmental and social impact. It focuses on high-impact sectors such as Manufacturing, Agri-Tech, the Circular Economy, Green Energy, and Sustainable Consumer Brands.

B Lab Africa CEO, Lucy Muigai said, “Our partnership with I&M Bank is a testament to the growing movement of businesses in Africa that are committed to a higher standard of accountability. By integrating ESG into the heart of SME operations, we are not just helping individual companies survive; we are building a more inclusive and regenerative economic system across the continent. These entrepreneurs are the blueprint for a future where corporate success is inextricably linked to the wellbeing of our communities and the planet.”

Through this partnership, participating SMEs will benefit from a hybrid learning model with expert-led Modules covering six comprehensive sessions covering Impact Measurement, Sustainable Supply Chains, and Financing Sustainable Practices.

Other benefits include bi-monthly one on one calls to provide tailored guidance and accountability and peer networking with a community of likeminded business leaders across Kenya, South Africa, Mauritius, and Nigeria.

I&M Bank will sponsor 80% of the programme cost per participant (US$ 240), with each SME contributing the remaining 20% (US$ 60).

About I&M Group PLC

I&M Group has a long-standing presence in the Kenyan market with presence in banking, insurance and real estate. The Group offers a full range of banking and financial services covering corporate, business and personal banking, wealth management, bancassurance and advisory services with presence spanning across 5 countries in Kenya, Uganda, Tanzania, Rwanda and in Mauritius as Bank One. I&M Group PLC is regulated by the Central Bank of Kenya, Capital Markets Authority of Kenya and the Nairobi Securities Exchange.

 About B Lab Africa

B Lab Africa is transforming the economy to benefit all people, communities, and the planet. A leader in economic systems change, our global network creates standards, policies, and tools for business, and we certify companies known as B Corps, who are leading the way. To date, our global community includes over 10,000 B Corps in 104 countries and 163 industries, and over 7,600 companies in Africa manage their impact with the B Impact Assessment and the SDG Action Manager.For more information visit https://b-labafrica.net

ALSO READ: Time to Give: I&M Foundation Big Heart Reaches Thousands

Written by
JACKSON OKOTH -

Jackson Okoth writes for Business Today. He can be reached on email at [email protected]

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

PAST ARTICLES AND INSIGHTS

Related Articles
KQ now has a new board chairman Kiprono Kittony
BUSINESSECONOMYFEATURED STORYNEWSTECHNOLOGY

Kenya Airways Appoints 4 New Board Members

Kenya Airways has appointed Mr. Kiprono Kittony, Mr. Chris Diaz, Prof. Winnie...

Endevour Kenya high growth companies 1
BUSINESSECONOMY

High-Growth Firms Generate 80% of Tech Jobs in Kenya

A new study reveals that high-growth firms — tech and tech-enabled companies...

Pioneer Insurance Ltd
BUSINESS

Pioneer Insurance Steps Up Expansion Into More Counties

Pioneer Insurance Ltd, in partnership with Gospo Insurance Agency, has intensified its...

Industry Brief Summary December 2025 Updated 768x543
BRAND VOICESMART MONEY

Kenya’s Pension Industry Assets Hit KSh 2.81 Trillion in 2025

Kenya’s retirement benefits industry closed December 2025 pension assets of KSh2.81 trillion,...