Search results

Over the years, demand for education at all levels in Kenya has greatly outpaced supply. Over the years, demand has been reduced by private schools catering to the educational needs of a wide range of socioeconomic groups. This gap will widen further unless the private sector's role is expanded, but private educational institutions face a number of serious constraints, primarily stemming from lack of adequate finance and, in many cases, limited management skills. This paper reviews the market and its constraints and focuses on conditions under which private financial institutions and the International Finance Corporation might play a useful role in the sector. Annexes include 1996 operating costs of Kenya's academic, technical, and vocational schools.