The European Union (EU), Denmark and the African Development Bank (AfDB)
have signed a partnership deal that will see 2,400 agribusinesses in
eight counties. FILE PHOTO | NMG
Summary
- The European Union (EU), Denmark and the African Development Bank (AfDB) have signed a partnership deal that will see 2,400 agribusinesses in eight counties funded to scale up operations.
- The AgriBiz programme, implemented by the Kenya Climate Innovation Centre is expected to generate 17,000 new jobs with Sh5.1 billion expected to be spent on the project.
The European Union (EU), Denmark and the African Development
Bank (AfDB) have signed a partnership deal that will see 2,400
agribusinesses in eight counties funded to scale up operations.
The
AgriBiz programme, implemented by the Kenya Climate Innovation Centre
is expected to generate 17,000 new jobs with Sh5.1 billion expected to
be spent on the project.
The beneficiaries from women
and youth-led self-help groups would be chosen in the next 21 days in an
open competition launched recently before the application period closes
on May 22.
The application guidelines and modalities are available on www.kenyacic.org.
A
statement on the programme said the project would also establish
business incubation hubs in Kilifi, Machakos, Kiambu, Meru, Isiolo,
Kisii, Bungoma and Uasin Gishu.
Agriculture PS Hamadi Boga urged women and youth groups to apply
for the funds, saying the programme aims to attract the younger people
into taking up agriculture as a full-time enterprise.
EU
Ambassador Simon Mordue added: “There are many youth and women with
excellent business ideas in Kenya and we are happy that KCIC has found
the way to bring technical and financial assistance to them. This is a
vital injection of life for the Kenyan economy and food security.”
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