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World Bank Gives $82 Million for Kenya's Agribusiness


Kenya’s small holder farmers have been boosted to increase farm productivity and to promote agribusiness development, through the World Bank’s facility totaling US$ 82 million.


Kenya’s small holder farmers have been boosted to increase farm productivity and to promote agribusiness development, through the World Bank’s facility totaling US$ 82 million.
The Kenya Agricultural Productivity and Agribusiness Project approved by the Bank’s Board of Executive Directors yesterday will assist Kenya to diversify its agriculture, add value and deepen linkages to markets. It will also promote public private partnerships in service delivery and agribusiness.
According to the statement issued by the World Bank, the Kenyan government will contribute an additional US$14.1 million to the new program, while the project beneficiaries who number around 250,000 households, will contribute US$2.3 million in form of their labor and materials.


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