The European Union has funded an agriculture programme for selected 200 women and youth led enterprises for support.
Dubbed AgriBiz, the programme targets creating 17,000 jobs in the agricultural sector countrywide in the next five years.
The 200 candidates include early stage/start-up companies, Small and Medium-sized Enterprises (SMEs), women and youth-led community based organisations, as well as self-help groups.
The aim is to increase smallholder production, improve food security and boost household incomes.
AgriBiz will fund 2,400 women and youth-led agribusinesses as part of the programme, and reach over 1.2 million smallholder beneficiaries over a period of five years at a cost of Sh5.1 billion.
An additional Sh17.1 billion in loans will also be leveraged from local financial institutions to support the enterprises.
Those selected for the programme will benefit from training, business advisory and financing to promote the sustainable use of natural resources and encourage appropriate agribusiness practices. Read more…
